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Some businesses fail, and people lose jobs. So politicians say, "We must protect workers!" Some states expanded the WARN Act, making it harder to lay off workers. But there's a downside to protection, says economist Allison Schrager. "There is no prosperity, no growth ... no 'upside' ...

Almanac for Nov. 12, 2026

Today is Thursday, Nov. 12, the 316th day of 2026. There are 49 days left in the year. Today in history: On Nov. 12, 1954, Ellis Island officially closed as an immigration station and detention center. More than 12 million immigrants arrived in the United States via Ellis Island between 1892 and 1954. Also on this date: In 1927, Josef Stalin became the undisputed ruler of the Soviet Union as Leon Trotsky was expelled from the Communist Party. In 1936, the San Francisco-Oakland Bay Bridge opened as President Franklin D. Roosevelt pressed a telegraph key in Washington, D.C., and ...

Fear Jon Ossoff

Republicans have a lot of things to worry about after their catastrophic 2026 midterm, and one of them might be Jon Ossoff, the newly reelected Democratic senator from Georgia. The presidential buzz had begun even before Ossoff won reelection by 18 points in purplish Georgia, and will get ...

Bibi Netanyahu’s legacy

I met him when he was deputy chief of Mission at the Israeli Embassy in Washington between 1982 and ’84. Benjamin “Bibi” Netanyahu immediately impressed me with his command of English and his understanding of history – American and Middle Eastern. He was later Israel’s ambassador to ...

Almanac for Nov. 10, 2026

Today is Tuesday, Nov. 10, the 314th day of 2026. There are 51 days left in the year. Today in history: On Nov. 10, 1898, a mob of up to 2,000 white supremacists killed dozens of African Americans in Wilmington, North Carolina, burned Black-owned businesses and forced the mayor, police chief and aldermen to resign at gunpoint before installing their own mayor and city council in what became known as the "Wilmington Coup." Also on this date: In 1775, the Continental Congress established the Continental Marines, later known as the U.S. Marine Corps. In 1954, the U.S. Marine Corps ...