President Joseph Biden couldn’t have beaten Donald Trump in 2020 without the support of Big Tech and Black voters. Donations from Silicon Valley employees and political action committees gave the former vice president a critical cash advantage in the final scramble to election day, while Black voter turnout tipped the balance in key states such as Georgia, Michigan and Pennsylvania. ...

The big economic news of the day was that real consumer spending rose in April by the most in three months, helping to push the S&P 500 Index to its biggest weekly gain since March. At first glance, this may be seen as a sign of resilience on the part of consumers despite the highest inflation rates since the early ...

  We don’t talk much about helicopter money anymore. After a debate that raged through the early days of the pandemic, it’s all but fallen off the map as a topic. That’s hardly surprising, given how radically economic conditions have changed. Rather than worrying about how to shore up a collapsing economy, the issue of the hour is how to ...