Notes in the Margin

The Las Vegas Convention and Visitors Authority reported an 11 percent drop in visitors year-on-year in June, followed by a 6.7 drop in August.

Bill Kristol: "I think a lot of the younger Democrats are quite impressive."

U.S.-led regime change in Venezuela would worsen the problems Trump promised to fix.

"the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent."

Milei's party won pluralities nationwide: “we will have 101 deputies instead of 37,” said Milei. “...in the Senate, we will go from 6 senators to 20."

Markets price in a near 97% probability of a 25-bp rate cut in Oct and a 94% probability of another 25-basis-point rate cut in Dec.

Trump's rule-by-decree protectionism continues as he insists Americans must pay more taxes to get Canadian goods and raw materials. 

The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said.

Napolitano: "The Trump administration has claimed that it can kill whomever it designates as an unlawful enemy combatant. The evidence is this: "trust me, bro."

One area would be controlled by Hamas and the other controlled by the Israeli military.