The most important economic effect of artificial intelligence may not be that machines become more capable. It may be that people become more capable when they work alongside AI.

It is true that one swallow does not make a summer. However, Kevin Warsh’s impressive performance yesterday at his first Federal Reserve Open Market Committee (FOMC) meeting as the Fed’s new Chair ...

The international committee responsible for the official scenarios that feed into climate modeling that are the basis for most projective climate research and the assessments of the Intergovernmental ...

Housing has long been a cornerstone of the American dream and the nation’s economy, but a supply–demand imbalance has pushed the U.S. market into crisis, driving up prices and limiting workforce ...

70 structures. 11 US military bases overseas. Seven countries. $5 billion in damage. The damage inflicted by Iranian forces on American and allied bases in the Middle East during the opening weeks of ...

The Supplemental Nutrition Assistance Program (SNAP) is among the largest safety-net programs for low-income households in the US. After beginning as a small program—then titled the Food Stamp Program ...

The first year of the second Trump administration has seen dramatic changes in immigration policy, resulting in a sharp slowdown in net migration to the United States. We expect the pattern of ...

The Donald Trump era has scrambled the relationship between partisanship and many of the most important social axes of American life—class, gender, region, and now even race and ethnicity. Since 2016, ...

In recent years, institutional investors have drawn substantial negative media attention for their purported role in limiting housing supply and driving housing unaffordability.[1] Policymakers at all ...

Washington is facing a multitude of global threats, so it is understandable that officials would second-guess the cost of helping Kyiv. But given the stakes, Americans must have clarity on the ...

Work has long been viewed as a critical pathway out of poverty. Therefore, it is important to understand the effects of federal safety-net programs—designed to alleviate poverty and promote economic ...

We assess the macroeconomic implications of the observed and expected changes to immigration policy during the second Trump administration. We project that net migration in 2025 will be between ...