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The wrong fight

Socialist Mayor Zohran Mamdani targets a hedge-fund power player who answers back, as the path clears for a new Fed chairman and an SPLC indictment exposes the risks of taking cues from the group. David Bahnsen analyzes the stakes on this week’s Moneybeat.


Recent

Markets pushed oil prices lower as supply fears eased, but stopped short of earlier levels—while debates over AI show how disruption can be misread as destruction. Monday Moneybeat: our conversation with economist David Bahnsen.

The Trump administration’s suspension of the “de minimis” exemption, a move meant to fight drug smuggling, means higher costs for U.S. buyers

MONEY | USPS needs help to stay afloat

BACKGROUNDER | President Trump temporarily waived a law requiring goods traveling between U.S. ports to be carried on American ships