What was once a rather niche segment of entertainment has, in the past years, grown into one of the most lucrative industries in the digital economy. Recently, UK investors have shown a keen interest in this growing market, recognizing in it a mix of creativity and technology that brings stable long-term growth. As the industry continues to grow across platforms-from ...
Evan Sankey Meeting in South Korea last week, President Trump and China’s President Xi agreed on the outline of a one-year truce in their trade war. The US will cancel most of its threatened tariff hikes on Chinese imports, pause new restrictions on partially Chinese-owned firms accessing US technology, and pause sanctions on China’s commercial shipping. In return, China will ...
Clark Packard On November 5, the Supreme Court will hear arguments on President Trump’s sweeping tariff policy imposed under the International Emergency Economic Powers Act (IEEPA). In the run-up, the administration insisted the tariffs are essential to conducting American foreign policy. Yet as my Cato trade colleagues and I argue in our amicus brief in the case, traditional diplomacy—not emergency ...
The nation’s largest food aid program will only resume in full when ‘Radical Left Democrats’ open the government, President Donald Trump wrote Tuesday on social media. Trump posted about the Supplemental Nutrition Assistance Program (SNAP) on his Truth Social platform, saying that the benefits, meant to be a lifeline for low-income households, were given out too freely under former President ...
Thomas A. Berry and Brent Skorup On November 5, the Supreme Court will hear oral arguments in what is likely to be the biggest case of the term: the Tariffs Case. Although the twists and turns of the case have been complex, the bottom line is simple. Congress never authorized the tariffs at issue, and the Supreme Court should strike ...
Senate Democrats blocked Republicans’ attempt to reopen the government for a 14th time, all but ensuring that the government shutdown becomes the longest in U.S. history. The move to again reject the House-passed continuing resolution (CR) comes as winds of optimism and exhaustion have swept through the upper chamber. Lawmakers are engaging in more bipartisan talks, and more believe that ...
Michael F. Cannon Cato adjunct scholar Charles Silver poses that question in the title of a guest post at John Mandrola’s and Adam Cifu’s Sensible Medicine Substack. Cifu, a professor of medicine and general internist at the University of Chicago, praises Silver’s essay: This is the sort of essay I love. I had no idea what to expect. I wanted ...
Matthew Cavedon The past couple of months (for that matter, perhaps any couple of months) have served up story after story about what can go wrong when society offers criminals mercy and redemption. Most infamously, millions of people have seen the video of Decarlos Brown Jr. stabbing Ukrainian refugee Iryna Zarutska to death on a Charlotte train. People like Brown—who ...
Colin Grabow To sway opinion ahead of the Supreme Court’s examination of whether President Trump possesses authority to impose tariffs under the International Emergency Economic Powers Act (he doesn’t), the administration has framed these measures as a vital tool for revitalizing American manufacturing. Commerce Secretary Howard Lutnick, for example, has insisted that the administration’s preposterously misnamed “reciprocal” tariffs have “finally ...
While President Donald Trump is pressuring Senate Republicans to nix the filibuster, Senate Majority Leader John Thune, R-S.D., said during an interview on Fox News Radio’s ‘Guy Benson Show’ that ‘there just simply aren’t the votes’ to eliminate the ’60-vote threshold.’ While Republicans hold the majority in the upper chamber, the procedural hurdle serves as a check on the majority ...