Forget the U.S. and China — Big Tech is the next world power

According to Ian Bremmer of Eurasia Group, tech companies are gaining increasing political power with fewer checks and balances.
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Bridgewater Associates Founder and Co-Chairman Ray Dalio speaks onstage during TechCrunch Disrupt San Francisco 2019.
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Could we mint a $31 trillion coin to pay the national debt?

May 12, 2023
Issuing a mega-coin has been proposed as a novel solution to the country’s debt ceiling crisis.
Treasury Secretary Janet Yellen has called a trillion-dollar coin a "gimmick." Above, she inspects quarter dies at the Denver mint alongside second gentleman Douglas Emhoff in 2022.
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In his first veto, President Biden defends Labor Department's ESG rule

Mar 20, 2023
Critics say ESG investments allocate money based on political agendas rather than on earning the best returns for savers.
It's unlikely that Republicans have enough votes in Congress to reach the two-thirds majority required in each chamber to override Biden's veto.
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Biden's budget and GOP response offer up a sneak preview of next year's campaign issues

Mar 10, 2023
The budget is a policy document, but this one's also a campaign document.
President Biden talks about his proposed FY2024 federal budget during an event in Philadelphia on March 9.
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State of the Union speech is Biden's chance to sell his economic record to skeptical Americans

Feb 7, 2023
President Biden is likely to tout the strong job market and recovery from the pandemic recession.
President Joe Biden delivers his 2022 state of the union address to Congress. This year, president is likely to talk progress on inflation and other economic matters.
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As the Family and Medical Leave Act turns 30, millions of Americans still lack access to paid leave

Feb 3, 2023
The U.S. is the only wealthy country in the world that doesn’t guarantee workers a single day of paid leave.
An estimated 44% of Americans are not entitled to paid leave under the Family and Medical Leave Act.
Bryan Bedder/Getty Images for NYC for Paid Leave

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Red Texas is flush, blue California has a deficit, but it's more about economics than politics

Jan 11, 2023
Fewer tech millionaires were minted in 2022, hurting California's bottom line, while in Texas, the oil and gas industry boomed.
"Because [California is] a heavy tech economy, it means tech has a disproportionate impact on the state’s revenues," said Chris Hoene at the California Budget & Policy Center. 
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What's next for the Democrats' economic agenda?

Nov 11, 2022
Roosevelt Forward CEO Felicia Wong says the party isn't necessarily out of options even if Republicans take Congress.
Roosevelt Forward CEO Felicia Wong says President Biden and congressional Democrats may be able to implement their economic priorities through laws they already passed, such as the Infrastructure Investment and Jobs Act and the CHIPS and Science Act.
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Liz Truss leaves behind a chaotic U.K. economy

Oct 20, 2022
As British Prime Minister Liz Truss steps down, what's next for the U.K.'s economy?
Prime Minister Liz Truss announced her resignation on Oct. 20 in London.
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