Economics and Macroeconomics

State labor departments released new data this week confirming a massive shift in pay for American employees. Approximately 8.3 million workers are set to receive an automatic pay increase as new 2026 minimum wage mandates take effect across the country. While the federal rate remains unchanged, states and cities are moving ahead on their own. The new … Read more

JPMorgan Chase CEO Jamie Dimon sounded the alarm on the U.S. fiscal trajectory this week, delivering a blunt message to Washington. Speaking to investors, the head of the nation’s largest bank warned that the U.S. National Debt—now surpassing $38 trillion—is becoming a drag on the entire economy. Dimon’s critique focused not on the tax rate itself, … Read more

Governor Kathy Hochul just bought New York exactly two years of peace. In her latest budget address, she unveiled a massive $260 billion spending plan that keeps income taxes flat—for now. On the surface, it looks like a win. There are no new income taxes, and she is offering a “No Tax on Tips” policy for service … Read more

RTI Surgical (RTIX), a surgical implant company, said Friday that it has been selected to become part of a new public-private Manufacturing USA initiative, the Advanced Regenerative Manufacturing Institute (ARMI) – the twelfth Manufacturing USA institute, headquartered in Manchester, New Hampshire. ARMI brings together a consortium of nearly 100 partner organizations from industry, government, academia … Read more

Patriot National, a provider of technology and outsourcing solutions to the insurance industry, said Tuesday it has formed a new special committee of independent board directors to explore and review a range of strategic alternatives for the company. Patriot noted the review may not result in any strategic alternatives being consummated. The company said it … Read more