New report says immigrants contributed trillions more in taxes than they received in public benefits
Immigrants paid substantially more in taxes than they received through government benefits over 30 years, according to a new analysis of their effect on federal, state, and local budgets. The Cato Institute estimated that immigrants generated a cumulative fiscal surplus of approximately $14.5 trillion between 1994 and 2023. The calculation
Spirit Airlines’ shutdown leaves thousands unemployed as debate over blocked JetBlue merger returns
Spirit Airlines’ sudden shutdown left thousands of workers without jobs, canceled every remaining flight, and forced passengers to find new ways home with little warning. The Florida-based airline ended operations on May 2, 2026, after 34 years in business. Spirit said it had begun an orderly wind-down after failing to
Ford expects $1.3 billion tariff refund after Supreme Court ruling changes import costs
Ford Motor Company expected to recover $1.3 billion in tariffs after the U.S. Supreme Court ruled that the International Emergency Economic Powers Act did not authorize the president to impose the disputed import duties. The automaker recognized the expected refund as a one-time benefit in its first-quarter 2026 financial results.
Why Americans still feel broke as inflation cools
Inflation is no longer racing at the same pace Americans saw during the worst of the post-pandemic price surge, but that does not mean household budgets feel normal again. For many families, the bigger problem is no longer how fast prices are rising. It is that the new price level
EPA drops the incentive behind start-stop systems in U.S. cars
The Environmental Protection Agency has removed a federal incentive that encouraged automakers to install automatic start-stop systems in gasoline-powered vehicles. The technology shuts off an engine when a vehicle is stopped and restarts it when the driver releases the brake or presses the accelerator. Automakers previously received regulatory credits because



