Jeffrey Miron New research reminds us that policies designed to improve national security have costs, even if the policies have good intentions: Although the US was already an industrial nation in 1940, roughly 20 percent of the labor force was still employed in agriculture. Japanese Americans represented an exceptionally skilled segment of the agricultural workforce in the western United States. ...
Romina Boccia and Tyler Turman US Department of Agriculture (USDA) Secretary Brooke Rollins made headlines last week after proposing that all 41.7 million beneficiaries of the Supplemental Nutritional Assistance Program (SNAP) reapply to crack down on fraud and “fundamentally rebuild” the program. The USDA has since backtracked, saying it will instead continue to work with states using their existing recertification ...
Jennifer Huddleston The college football season is hitting rival games, conference championships, and playoff season. Similar to many Alabamans, I may be a little too invested in the SEC football season and the upcoming bowl bids. Regardless of your preferred team, most of us yearn for solid competition in the sports we either play or watch. We enjoy seeing how ...
Currency traders are increasing their bets against sterling ahead of Wednesday’s Budget, fearing that Rachel Reeves’ tax and spending plans could further weaken the UK’s already fragile economic outlook. Data from CME Group shows trading volumes in put options — contracts that profit from a fall in the pound — have outpaced bullish call options by more than four to ...
Artificial intelligence and robotics could automate more than half of all work carried out in the United States — with existing technology — according to a new report from the McKinsey Global Institute. The research finds that 57% of US work hours could be automated today if organisations redesigned workflows around the capabilities of AI agents and robots. The analysis ...
Chancellor Rachel Reeves has urged Labour MPs to rally behind her “fair and progressive” Budget, warning that while not every measure would be universally popular, the package must be backed in full to deliver the government’s economic agenda. Addressing a tense meeting of the parliamentary Labour Party after two weeks of leadership speculation, Reeves told MPs that “politics is a ...
Former FBI Director James Comey hailed the federal judge who dismissed the federal indictment against him on Monday, saying the case against him was based on ‘malevolence and incompetence.’ Judge Cameron Currie dismissed the false statements charges against Comey in a Monday ruling, finding that they were brought by an unqualified U.S. attorney. President Donald Trump’s administration maintains that the ...
Democrats are seeking to put limits on private donations to foot the bill for President Donald Trump’s new White House ballroom amid what they say are bribery concerns. Trump announced in October that construction had started on the ballroom — leading to the demolition of the White House’s historic East Wing — and would be privately funded at an estimated ...
Clean-energy installation specialist Installio has raised £1.5 million in an oversubscribed Seed round led by Verb Ventures, as the fast-growing London-based company prepares to scale nationally amid surging demand for heat pumps and home-energy retrofits. Founded to tackle the biggest bottleneck in the UK’s clean-heating transition — inconsistent, low-quality installations — Installio combines specialist engineering expertise with a technology platform ...
A leading solicitor involved in the Supreme Court victory that shielded regional taxi firms from blanket VAT charges has warned that Chancellor Rachel Reeves’ proposed “taxi tax” could have damaging consequences for small operators and vulnerable passengers. Layla Barke-Jones, Dispute Resolution Partner at law firm Aaron & Partners, represented Delta Taxis in the landmark case that confirmed private hire operators ...