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That online test may be unconstitutional

Since the start of the pandemic, online learning has become far more common — and so have online examinations. Typically, the examination software also proctors the test, observing with the student’s own camera. Does this process violate the Constitution? A federal judge in Ohio decided last week that at least in some circumstances, the answer is yes. The court’s impeccable ...

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Will housing prices flatten — or collapse?

  Home price appreciation is slowing fast across the country under the weight of higher mortgage rates, with typical property values even falling month-over-month in about a fifth of major metro areas in July. Clearly, the slowdown is necessary if Federal Reserve policy makers are going to cool inflation and restore affordability to the housing market. The challenge is to ...

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Powell can’t count on a labor market miracle

  Federal Reserve Chair Jerome Powell’s dream of a miraculous and pain-free labor market disinflation just faced a surprise setback. Powell wants the number of job openings to decline to cool wage pressure, but a Labor Department report showed it’s starting to move in the wrong direction. Powell shouldn’t be betting the house on his scenario, and chances are that ...

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