Trump’s Tariff Sham
It’s all theater, but Trump manages to get his headlines.
latest
Jay Clayton’s Subpoena Slop Job
The Justice Department is dropping its subpoenas of New York Times journalists. The episode may make it impossible to extend the government’s warrantless spying program.
She Bought a Business. It Almost Killed Her.
Franchisees with Kitchen and Bath Tune-Up say they are going broke due to hidden fees and charges. When they try to exit, even bigger fees pop up.
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Crypto Boosters See a Lack of CLARITY
After spending hundreds of millions on Congress to advance their market structure bill, the CLARITY Act, the crypto industry faces one giant obstacle: Donald Trump’s corruption.
Will Trump Accounts Close the Racial Wealth Gap, or Worsen It?
The investment accounts for newborns have been lauded as an innovative wealth-building program. But they might exacerbate economic inequalities instead of remedying them.
Real-World Democratic Socialism
Zohran Mamdani’s appointments to steer New York’s economic development reflect the win-win of people-centered growth.
Who’s the Most Concerned About Maine?
Troy Jackson steps out of Graham Platner’s shadow to take on Susan Collins in November.
watch and listen
Organized Money: The Supreme Court Gives Wall Street Its Own Regulator
The wealthy got the ultimate regulatory carve-out for when this bubble pops.
Organized Money: Curbing America’s Gambling Problem
Calling out prediction markets for what they are: rigged extraction machines
Organized Money: How to Think About AI (with Cory Doctorow)
AI might just be useful once we get through the huckster phase.
FROM THE MAGAZINE
Two Simple Steps Toward De-MAGAfication
A big reason why Trump II is so much worse than the first time is that the world’s richest man bought Twitter and turned it into a fascist cesspit.
Encircling the Royalists
Democrats finally show up to the class war.
Indiana’s Private Equity Power Play
The mother lode of utility buyouts just landed on Hoosiers’ doorstep. Regulators have no say over whether the deal goes through.
In Case You Missed It
Reconciling with Inaction
Republicans are unlikely to get much of anything done between now and the election.
Student Loan Borrowers Beware
President Trump’s overhaul of the federal student loan system is now underway. It seems to have inadvertently expedited a legal challenge to his alleged shadow repeal of a repayment plan established more than a decade ago.
Locked-Out Refinery Workers Say BP Is Trying to ‘Starve Us,’ Crush Union
In Whiting, Indiana, 800 workers have been locked out for four months, and they say the survival of their union is at stake.
Proportional Representation Gets a New Look
Supreme Court decisions and unrestrained partisan gerrymandering are focusing attention on a fundamental election reform. But one version is more feasible than the others.
Why Paramount Should Be Worried
A look inside the judge’s ruling for a brief pause in Paramount’s proposed deal with Warner Bros. reveals that the merger is in a shaky position.
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Today on tap: commentary on the daily news
Trump’s Tariff Sham
It’s all theater, but Trump manages to get his headlines.
Real-World Democratic Socialism
Zohran Mamdani’s appointments to steer New York’s economic development reflect the win-win of people-centered growth.
culture
Q&A: Family Vlogging: Good Times or Exploitation?
Journalist Fortesa Latifi plunges into the dark world of family vlogging.
The Internet and Its Discontents
One young woman claims to know what is wrong with girls today: They need to turn to the right.
News Influencers and Gen Z Are Reshaping News
Gen Z increasingly relies on influencers for news and information—but the quality is all over the place.
