In-depth economics analysis and news for business executives.
Illinois becomes first U.S. state to tax cryptocurrency transactions at 0.2%, applying even to losing trades. The law takes effect Jan. 1, expected to generate $60 million annually.
21h ago
Austin ISD's top 30 employees earned $5.9 million as the district cut $186 million from its budget, revealing administrative excess that contradicts officials' funding crisis narrative, report finds.
21h ago
Illinois public school enrollment has fallen to levels projected for 2030, driven by a 31% birth rate decline since 2007. Underutilized buildings cost taxpayers thousands more per student annually.
22h ago
Wood Mackenzie reports Nigeria's deepwater oil sector could add 700,000 barrels daily if nine major projects advance, reversing a decade-long decline in Africa's largest producer.
1d ago
Detroit's motor vehicle theft rate leads six peer cities while larceny climbed 33 percent since 2020, driven by poverty and unemployment, a new report finds.
1d ago
Washington striking workers collected $506,000 in unemployment benefits in six months under new law, per think tank report warning employer-funded safety net now subsidizes labor disputes despite small fiscal impact.
1d ago
Nonbank subsidiaries within bank holding companies now conduct 25 percent of U.S. nonbank finance, functioning as equity reservoirs that enabled regulatory arbitrage after Basel III took effect in 2015.
1d ago
Washington rose to third nationally in H-2A farm visa certifications, hiring 25,368 workers through June as Congress proposes reforms to streamline the program and reduce employer costs.
1d ago
