Greece is teetering on a Grexit, Puerto Rico officially acknowledged that it lacks the funds to pay its creditors, the Middle East remains on fire and China is building a Great sand Wall. What will the U.S. do about all of this in the future? American Isolationism Greece is teetering on a Grexit, Puerto Rico officially acknowledged that it lacks the funds to pay its creditors, the Middle East remains on fire and China is building a Great sand Wall. What will the U.S. do about all of this in the future? Not much, if the millennial generation is involved. A. Trevor Thrall and Erik Goepner at Cato assembled public polling on this young adult population and found that unlike older generations, this group is much more isolationist. They:
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What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...