The Biden administration recently announced an initiative to cap child care copay expenses for approximately 100,000 low-income working families in the United States. Instead of paying set fees, those families will pay 7% of whatever their total income is as a copay for the government-subsidized daycare program. The program also hopes to fully cover all…

President Joe Biden wants to triple tariffs on Chinese steel and aluminum. He claims cheap Chinese exports are undermining American products.  China is the No. 1 producer of the two metals worldwide. The White House said the nation is not only “dumping” products on the market that are “among the world’s most emissions-intensive,” but subsidizing…

Alaska’s wilderness is teeming with wildlife, as bears, moose, elk, and many more species all call this region home. However, beneath this vibrant ecosystem lies an extensive supply of metals, one that will require disturbing thousands of acres of nature to access. The White House is expected to step in and put an end to…

A new poll asked Americans how much they thought the top 1% of taxpayers account for in total federal income tax paid. The poll found that most Americans want the rich to pay more in taxes but also revealed that Americans have a misconception in how much the top 1% actually pays. The top 1%…

Declining birth rates throughout much of Western Europe and America, and in other developed nations like Japan, have alarmed social scientists. Concern is most acute in nations where a shrinking workforce will be expected to pay for the rising costs of a much larger retiring population. But on the opposite end of this spectrum, rapid…

Analysts are scratching their heads trying to figure out why gold is on a tear right now. The commodity hit another record high Tuesday, April 9, ahead of Wednesday’s inflation report and the release of the Federal Reserve meeting minutes, where investors get a behind-the-scenes look at what the Fed is thinking in terms of cutting…

In a year where Americans are anxiously waiting for interest rates to drop, the CEO of the world’s largest bank warns rates may go even higher than they are today and don’t count out a recession. There are two CEOs in this country whose annual letters to shareholders are more widely anticipated than the rest:…

The American economy is booming, with high GDP growth, record-low unemployment, and wage gains for median workers. Over the past few quarters, U.S. economic growth indicators have consistently outperformed official projections. But the U.S. Federal Reserve recently conceded that its policies might be too restrictive, hindering the full potential of the U.S. economy, which the…

Germany today is celebrated as the indispensable economic and industrial power of modern Europe. But like many advanced nations, Germany faces demographic decline in the coming decades, which could threaten Germany’s economy and — consequently — the economies of Europe and the world. Straight Arrow News contributor Peter Zeihan predicts a German economic collapse as…

The Francis Scott Key Bridge collapse, which killed six people in Baltimore, could see insured losses between $2 billion to $4 billion. The figures could make it “the most expensive marine insured loss in history.” However, who will pay and how much depends on who is asked. President Joe Biden, who is scheduled to visit…