Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
AI Giant Anthropic Files for IPO, Plans US Stock Market Listing
The company behind Claude chatbot seeks to raise capital as AI valuations reach historic highs, with its most recent private valuation exceeding $965 billion.
Anthropic Files Confidential SEC Paperwork for IPO as AI Valuations Soar
The company behind Claude chatbot has filed for a stock market debut that could value the firm at nearly $1 trillion, testing investor appetite for AI firms.
Wheat Harvest Forecast Hits Lowest Level Since 1972, Raising Concerns About Food Prices
The USDA projects 1.56 billion bushels this year, down 21% from 2025, as drought and rising costs squeeze farmers across major growing regions.
Newsom's Budget Proposal Draws Fire From Left, Raises Alarms Among Fiscal Analysts
The governor claims a balanced budget while proposing cuts to education and immigrant healthcare that critics say mirror Trump-era policies.
California Governor Newsom's Budget Plan Faces Criticism From Left Over Spending Cuts
The governor claims victory over Trump on deficits while proposing cuts to education and immigrant health programs that allies compare to federal immigration enforcement.
Policymakers Consider Outcomes-Based Models to Address Workforce Training Financing Gaps
Proponents say these arrangements shift financing risk from workers to funders better positioned to bear it, but consumer protections remain a key concern.
New Jersey Man Charged With Assaulting Federal Officers After Allegedly Biting ICE Agents at Newark Protest
Brendan John Geier, 26, faces federal charges for allegedly attacking deportation officers during clashes outside Delaney Hall detention center, where protests have continued for more than a week.
Federal Judge Upholds Constitutionality of Nitrogen Gas Executions in Landmark Ruling
The ruling, the first full trial examining nitrogen hypoxia as an execution method, allows Alabama and other states to continue using the protocol that has been used eight times since 2024.
DOJ Escalates Blue-State ICE Standoff After States Refuse Key Federal Request
The department filed lawsuits against Maine, Massachusetts, Oregon and Washington over their refusal to issue undercover license plates for civil immigration enforcement operations.
Protests Intensify Outside New Jersey Immigration Detention Center as Demonstrators Clash With Federal Agents
The demonstrations at Delaney Hall in Newark, which has housed roughly 900 detainees according to activists, follow days of escalating tensions over conditions and enforcement operations.