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Section

Policy

Government, regulation, and geopolitics coverage

High-key studio still life of clear and amber pharmaceutical vials and a blister pack of tablets in front of printed cards showing the Pfizer and Bristol Myers Squibb wordmarks

Healthcare Technology

Nearly Half of America’s In-Licensed Drugs Now Start in China, a Dependency Treasury Just Decided Not to Break

Treasury will allow most US pharma licensing deals with China, restricting only pathogen work. The reason is commercial: nearly half of US in-licensed drugs now originate in China.

By Scott Allan · Sep 21 · 4 min read

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Business

The FTC Made Redfin Get Back Into a Business Zillow Paid It $100 Million to Leave

Antitrust remedies usually come in two flavors. Regulators block a deal before it happens,…

By Scott Allan · Aug 26

Overhead desk flatlay: a Wall Street Journal newspaper, a printed rising long-term bond yield chart, a fountain pen, coffee and a tablet showing the US Department of the Treasury seal

Economy

Druckenmiller Says Bessent Will Lose the Bond Fight as Treasury Eyes a $950 Billion Cash Pile

The man who trained Scott Bessent spent Tuesday morning telling him, in the pages…

By Scott Allan · Aug 25

Line of transport trailers queued at customs inspection booths on wet asphalt, with Canadian and United States flags flying beside the crossing under overcast sky

Economy

US Canada Trade Talks Collapse as 50% Tariffs Hit $20 Billion in Goods

Fifty percent US tariffs on about $20 billion of Canadian goods took effect at…

By Scott Allan · Aug 24

Extreme close-up of the Instagram icon glowing on a dark smartphone screen, with a fingerprint smudge and dust visible on the glass beside it

Legal & Regulatory

Meta’s Own Retention Study Is the States’ Best Evidence in a $1.4 Trillion Trial

The most damaging document in the case that opened against Meta this week in…

By Scott Allan · Aug 20

Legal & Regulatory

Prediction Markets Got Federal Legitimacy Before They Got an Insider Trading Rule

Kalshi and Polymarket cleared roughly $44.8 billion in combined trading volume in June, and…

By Scott Allan · Aug 17

Macro photograph of a solar-powered Flock Safety automatic license plate reader camera against a black background

Policy

Flock Safety Cut Data Retention to Seven Days Because City Councils Kept Voting No

Flock Safety announced on Thursday that it will shorten default storage of license plate…

By Scott Allan · Aug 14

EU flags with the circle of twelve gold stars fly outside the European Commission Berlaymont building in Brussels as pedestrians walk past

AI

Brussels Wrote AI Rules a Year Ago and Only Just Got the Power to Enforce Them

For twelve months, the European Union had binding obligations on general-purpose AI models and…

By Scott Allan · Aug 10

Two-colour risograph poster: a blue Federal Reserve eagle seal at left, and at right a row of vermilion bars stepping down until the final bar drops below the baseline

Economy

Payrolls Fell 23,000 and the Rates Market Repriced a Fed That Refuses to Guide It

Nine days ago the market was positioned for a September rate hike. On Friday…

By Scott Allan · Aug 7

Business

Washington Will Pay RWE $1.22 Billion Not to Build 7 Gigawatts of Offshore Wind

The Interior Department agreed this week to pay RWE $1.22 billion to relinquish three…

By Scott Allan · Aug 7

AI

Sam Altman Says AI Should Pace Itself, Weeks After His Models Broke Out Of Their Cage

Sam Altman said this week that it may be time for the AI industry…

By Scott Allan · Aug 5

AI

California Signs the Largest US State Government AI Deal With Anthropic, Giving Every Agency Access to Claude

Governor Gavin Newsom just turned California into the biggest public-sector AI customer in America.…

By Scott Allan · Jul 4

AI

OpenAI Proposes Giving the US Government a $42 Billion Stake to Defuse AI Regulation

Sam Altman just made Washington an offer it will struggle to refuse: a 5%…

By Scott Allan · Jul 4

Archive

More

European Union flag with customs-stamped parcel and De Minimis Ended label showing 3 EUR per item fee with Shein and Temu logos on European map background

Business

EU Ends De Minimis Exemption: New Customs Duty on Low-Value Parcels Hits Cross-Border Ecommerce

Jul 2

Policy

Google Loses Final Appeal Over Record $4.7 Billion EU Android Antitrust Fine

Jul 2

Scales of justice with dollar signs and Supreme Court building representing campaign finance ruling

Legal

Supreme Court Strikes Down Campaign Spending Limits in 6-3 Ruling That Could Reshape Midterm Money

Jul 1

Federal Reserve Eccles Building illuminated at night flanked by data center server racks with rising inflation line chart

AI

Fed’s Hammack Warns AI Infrastructure Boom Is Fueling Inflation, Says Rate Hikes May Be Needed

Jun 30

Trade deficit dashboard showing 105.8 billion dollar gap with import export arrows, cargo ship, Treasury yield, and GDP forecast revision

Economy

US Trade Deficit Blows Past $105 Billion as Businesses Front-Load Imports

Jun 30

Golden gavel striking before the Federal Reserve System seal with scales of justice and shield symbolizing institutional independence

Economy

Supreme Court Shields Fed Independence in 5-4 Ruling, Blocks Trump From Firing Governor Lisa Cook

Jun 29

Portrait of Alan Greenspan, former Federal Reserve chairman, against a dark backdrop with a faded classical government building and a stock ticker

Economy

Alan Greenspan Dies at 100, Leaving Wall Street the ‘Greenspan Put’ and a 2008 Reckoning

Jun 22

FERC seal with US power grid map showing data center interconnection nodes and 60-day deadline panels

AI

FERC Orders Six Grid Operators to Fast-Track AI Data Center Connections or Justify Current Rules

Jun 21

Policy

Nearly Half of America’s In-Licensed Drugs Now Start in China, a Dependency Treasury Just Decided Not to Break

The Fed Hiked to 4% on a Dot Plot With 18 Dots, Not 19

Canada’s C$27.6 Billion Retaliation Is Pegged to a 1930 Statute No Court Has Ever Tested

KKR’s Record Antitrust Penalty Will Be Paid by Its Law Firms, Not by KKR

More in Policy

The FTC Made Redfin Get Back Into a Business Zillow Paid It $100 Million to Leave

Druckenmiller Says Bessent Will Lose the Bond Fight as Treasury Eyes a $950 Billion Cash Pile

US Canada Trade Talks Collapse as 50% Tariffs Hit $20 Billion in Goods

Meta’s Own Retention Study Is the States’ Best Evidence in a $1.4 Trillion Trial

Prediction Markets Got Federal Legitimacy Before They Got an Insider Trading Rule

Flock Safety Cut Data Retention to Seven Days Because City Councils Kept Voting No

Brussels Wrote AI Rules a Year Ago and Only Just Got the Power to Enforce Them

Payrolls Fell 23,000 and the Rates Market Repriced a Fed That Refuses to Guide It

Washington Will Pay RWE $1.22 Billion Not to Build 7 Gigawatts of Offshore Wind

Sam Altman Says AI Should Pace Itself, Weeks After His Models Broke Out Of Their Cage

California Signs the Largest US State Government AI Deal With Anthropic, Giving Every Agency Access to Claude

OpenAI Proposes Giving the US Government a $42 Billion Stake to Defuse AI Regulation

Archive

EU Ends De Minimis Exemption: New Customs Duty on Low-Value Parcels Hits Cross-Border Ecommerce

Google Loses Final Appeal Over Record $4.7 Billion EU Android Antitrust Fine

Supreme Court Strikes Down Campaign Spending Limits in 6-3 Ruling That Could Reshape Midterm Money

Fed’s Hammack Warns AI Infrastructure Boom Is Fueling Inflation, Says Rate Hikes May Be Needed

US Trade Deficit Blows Past $105 Billion as Businesses Front-Load Imports

Supreme Court Shields Fed Independence in 5-4 Ruling, Blocks Trump From Firing Governor Lisa Cook

Alan Greenspan Dies at 100, Leaving Wall Street the ‘Greenspan Put’ and a 2008 Reckoning

FERC Orders Six Grid Operators to Fast-Track AI Data Center Connections or Justify Current Rules