4+ day, 15+ hour ago   (259+ words) prospect.org Michigan’s Senate race between Republican Mike Rogers and populist Democrat Abdul El-Sayed is shaping up to be a lynchpin in the midterm elections, and not just because it could mean the difference between majority and minority. El-Sayed’s message…...

1+ week, 2+ day ago   (893+ words) It’s time to call this conduct what it is: lawless. The Fed, Wall Street’s most dependable friend in Washington, is a wellspring of extralegal behavior that contributes to the preservation and expansion of corporate power over the public interest. More…...

1+ week, 4+ day ago   (210+ words) Two big money stories are washing over us today. First, the bond markets of the U.S., Japan, and the leading European nations are seeing their yields soar, which will likely compel their governments to raise interest rates. For fans of housing…...

1+ week, 4+ day ago   (199+ words) The American Prospect One of Trump’s staunchest constituencies, cattle ranchers (and their congressional representatives), are in revolt. You might think rising beef prices would be good for ranchers, but in fact, most ranchers have little say in how much their…...

1+ week, 4+ day ago   (655+ words) The sharp rebuke to Newsom, which followed sustained closed-door negotiations with legislative leaders, resulted in a face-saving bill known as SB 492. A vote on the bill will come as soon as today, and it is expected to pass. More from…...

2+ week, 3+ day ago   (343+ words) Read more from the Revolving Door Project In addition to allegedly improperly denying claims, Allstate and State Farm are accused of drastically slashing payments to policyholders. As Oklahoma Watch reports, the methods allegedly used by Allstate to arbitrarily reduce hail…...

2+ week, 4+ day ago   (144+ words) This week, a solo David Dayen is joined by Dan Jacobs, chef, restaurant owner, and active member of the Independent Restaurant Coalition, to discuss a looming threat to neighborhood restaurants: the proposed merger between the food giant Sysco and the…...

2+ week, 5+ day ago   (890+ words) More from Eleanor Davis-Diver Federal regulators in the Trump administration are preparing to finalize a set of rules that will lower capital requirements even further. “The bankers are smart and their lobbyists are very smart,” he told the Prospect. “So…...

2+ week, 5+ day ago   (418+ words) Instead, the opposite happened, and 30- and 10-year rates are at their highest levels in 20 years. Interest costs on the national debt now easily outstrip spending on the military, and are projected to grow, a lot. Treasury Secretary Scott Bessent made…...