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Economics

The vice-presidential debate was surprisingly cordial

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Why did Tim Walz have to go and spoil things? For almost the entire vice-presidential debate on October 1st Americans were transported back to a different era in their politics, a time when candidates tried to seem—maybe even were—respectful of each other, open to compromise, mindful of their own weaknesses and intent on solving big problems. It was soothing, at times even informative, a bit dull in a good way. No one bragged about the size of their crowds, much less of their genitalia, or even called anyone else by a demeaning nickname.

Economics

Checks and Balance newsletter: Why do people join the Trump administration?

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Checks and Balance newsletter: Why do people join the Trump administration?

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Economics

The judge losing his patience with the Trump administration

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DONALD TRUMP likes picking fights with judges. In 2016 Mr Trump said a judge’s Mexican heritage rendered him incapable of fairly adjudicating fraud cases against Trump University, a for-profit institution that closed in 2011. Two years later the president condemned a ruling against his immigration policies as a “disgrace”. Lawsuits against him during the Biden years—including one for conspiring to steal the 2020 election—spurred many attacks.

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Economics

Jobs report April 2025:

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Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against U.S. trading partners.

Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported Friday.

The unemployment rate, however, held at 4.2%, as expected., indicating that the labor market is holding relatively stable.

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