Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Energy Secretary Chris Wright testifies at a House subcommittee hearing on the department's budget on Capitol Hill in Washington, D.C., on May 7, 2025. (Photo by BRENDAN SMIALOWSKI/AFP via Getty ...

The Trump administration is planning sweeping cuts to health care funding across the country. Some of those cuts have already taken effect, while others will roll out over the next few years. KFF ...

The rhythmic rumble of the “L” isn’t a death rattle — yet. But Chicago’s public transit systems are set to get gut-punched early next year by a funding deficit in the hundreds of millions of dollars.

The Trump administration is threatening to use the government shutdown to permanently reduce the size of the civil service. Its ambitions for these cuts are many, including punishing Democrats by ...

The Fed can't cut in September as the decreasing labor force offsets the weakening labor market, and keeps the labor market in balance. In addition, the Fed cannot evaluate the effects of tariffs on ...

Millions of dollars in the red, the public transit system anticipates a reduction in routes and jobs. For riders, that could mean fewer and less frequent buses and trains. TriMet, Oregon’s largest ...

The Fed cut rates at its last meeting of the year The Federal Reserve cut rates by a quarter-point Wednesday afternoon in alignment with expectations. Business Insider is covering developments live ...

The Fed cut interest rates in its October meeting for the second time this year. Rate cuts could ease mortgage and credit card borrowing costs for consumers. It could also become easier for companies ...