How Has Democratic Erosion Impacted Businesses?
The democratic weakening affected companies, generating uncertainty and reducing investment in essential data. Authoritarian decisions by the Trump administration, such as cuts in science and trade tariffs, influenced long-term planning and hiring of professionals. Hostility towards immigrants and cuts in education damaged key industries such as biotechnology and technology. The decline in tourism and interference in media also caused economic damage.
The Fed Listens: Transforming the Monetary Policy Framework
The U.S. Federal Reserve reviewed its monetary policy framework in 2025, removing the concept of flexible average inflation targeting and adopting a flexible inflation targeting approach. Powell presented this new approach in Jackson Hole, adjusting terms such as “shortfalls” and “broad and inclusive maximum employment goal”. Now, the Fed seeks to achieve full employment in a sustained manner in a context of price stability.
Monitoring NLRB Actions via Administrative Data
NLRB data analysis shows closed cases, new filings, and lack of quorum. Despite the member shortage, regional directors have closed cases at the pace of prior years. The lack of quorum prevents the NLRB from issuing decisions or handling certain cases, but operations continue in regional offices.
The Trump-Lee Summit: 3 Key Insights from Their Historic Alliance
During the Trump-Lee Summit, the South Korean president praised Trump, they addressed the trade relationship and expressed interest in improving relations with North Korea, thus strengthening the alliance between the U.S. and South Korea. Nevertheless, there are pending issues such as the modernization of the alliance to face challenges like China and North Korea.
Modernizing Minimis Rules for a Global Economy: Small Parcels, Big Challenges
The abrupt change in de minimis exemption eligibility has generated uncertainty and disruptiveness in international postal services, businesses, and consumers, raising concerns about fairness and compliance. A thoughtful reform is needed to build a balanced and resilient system globally.