The small island nation has one of the largest and most successful portfolios of state-owned companies in the world. What?
Economic Policy
Clamoring to Tax the Rich
In Berkeley, New York, Paris, and Vatican City, it’s become central to political battles—and religious concerns.
GOP Wrings Hands About Fraud After Crushing CFPB
A House Committee on Financial Services hearing Thursday morning was an exercise in gaslighting.
Private Equity’s $3 Billion Bet on a Casino Chimera
A casino is at the center of a fight over the soul of Coney Island, one of three downstate casino licenses being pursued in New York.
The Plutonomy Is Still Going Strong
For the last 20 years, analysts have known that this is an economy by and for the rich.
Trump Ignores Forced Labor From China
U.S. Customs and Border Patrol has dramatically reduced policing of forced labor violations, as the agency focuses more resources on tariffs.
The Federal Reserve Is Out of Tricks
Today on TAP: And so is Trump’s maneuver to take over the central bank. Even if he were to succeed, there is no good monetary cure for Trump’s economic carnage.
Democratic Brazil, Autocratic America
Today on TAP: Their system is working as Bolsonaro is brought to justice. Ours is failing.
Crypto Bank Machine Operators Swindle Seniors
Once described as the ‘AR-15s of the financial services industry,’ crypto ATMs remain a hotbed for scams targeting vulnerable communities. But third-party fraudsters aren’t the only ones laughing all the way to the bank.
The Oligarchy’s Best Friend
With all of Trump’s alarming moves toward authoritarianism, it’s easy to overlook that he is also an ordinary plutocrat.

