US Economy
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The Cost of Hormuz Hits Home
On March 2nd, 2026, Iran closed the Strait of Hormuz. This week, this supply shortage has hit the US markets, causing the price of gas and other oil products to rocket up to above $4 in some areas.
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From Operation Absolute Resolve to Absolute Uncertainty: The Battle Between Anthropic and the U.S. Military
Just hours after Trump ordered the government to stop using Anthropic, OpenAI announced it struck a deal with the Defense Department to employ its technology for classified networks. The ban sets a precedent for how the government treats AI companies that push back on military demands.
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Supreme Court Rules Trump’s Tariffs Unconstitutional
In a 6-3 ruling, the court said that the International Emergency Economic Powers Act’s language did not give President Trump the power to impose tariffs.
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Regime Change at the Reserve: Warsh’s Future and the End of Powell
Donald Trump chose Kevin Warsh to head the U.S. central bank. Warsh now has the chance to put his epsoused ideals of monetary policy “regime change” into practice…
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Amazon Opens the Door for a $50 Billion Investment into OpenAI
After a record-breaking year of investments into AI, Amazon joined in on the fun. It is in talks to invest $50 billion into OpenAI, potentially intensifying the AI arms race within Big Tech.
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Trump Signs EO Limiting Large Investors from Buying Single-Family Homes
Donald Trump’s new executive order “Stopping Wall Street From Competing With Main Street Homebuyers” aimed to prevent large companies from buying single-family homes. Yet, some doubt its actual effectiveness…
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The Federal Reserve’s Independence is in Danger
Amidst continued disagreements over the Fed’s independent economic policymaking and President Trump’s wishes for further interest rate cuts, Trump’s criminal subpoena of Powell over Fed building renovations has earned criticism from both sides of the aisle.
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States Push Back as US Confronts Surge in Data Center Energy Demand
Politicians are weighing economic growth and innovation against rising concerns about environmental strain and community impact. Data centers have become one of the fastest-growing sources of electricity demand in the United States.