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Most US Law Enforcement Funds Are Going To Immigration & Border Two thirds of all federal law enforcement funding in the United States for fiscal year 2025 is going to immigration and border enforcement, according to a CATO Institute analysis of data from the Congressional Budget Office (CBO). Together, immigration and border enforcement will receive more than $33 billion. This includes funding for U.S. Customs and Border Protection (CBP) at $19 billion, Immigration and Customs Enforcement (ICE) at $10 billion, U.S. Citizenship and Immigration Services (USCIS) at $281 million, the Department of Homeland Security's general offices at $3.2 billion and 20 percent of the Coast Guard's budget - approximately $2.2 billion. However, as Statista's Anna Fleck reports, CATO notes that the actual value is even higher, as the Trump administration is “diverting thousands of agents from other federal law enforcement agencies and much of the military to enforcing immigration and border law.” You wil...

ICON GLOBAL VIDEO RELEASE PREVIEW, HIGHLIGHTS CONFLUENCE OF CATTLE. CONSERVATION. WATER. HISTORY. COWBOYS AND CITY OF SHERIDAN PROXIMITY AS INTRINSIC VALUES OF AMERICAN WEST MASTERPIECE SET WITHIN FOOTHILLS OF BIGHORN MOUNTAINS. DALLAS and SHERIDAN, Wyo., June 26, 2025 /PRNewswire/ -- In......

CATO reports a sharp year-over-year drop in earnings per share in Q1 amid tariff concerns, but improving sales trends later in the quarter offer a tailwind against cautious consumer spending....

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CHARLOTTE, N.C., May 22, 2025 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported net income of $3.3 million or $0.17 per diluted share for the first quarter ended May 3, 2025, compared to net income of $11.0 million or $0.54 per diluted share for the first quarter ended May......

US Senate Votes To Move Ahead With GENIUS Act; 'Legitimizing' Stablecoins For Global Institutional Adoption The GENIUS Act moved through a procedural vote on Monday (66-32), and has just passed its latest hurdle (69-31) allowing Senate Republican leaders to bring the legislation to the floor for debate and a final vote, as soon as this week A challenging amendment pricess awaits as the Senate bill, if passed, would need to be reconciled with a version approved by the House Financial Services Committee, and then both chambers of Congress must agree on a single bill before sending a final version to President Donald Trump for his signature. "There are still a lot of moving pieces," said Jennifer Schulp, director of financial regulation studies at the Cato Institute, a libertarian think tank. Republican Senator Cynthia Lummis, one of the bill's key backers, said on May 15 that she thinks it's a “fair target” to have the GENIUS Act passed by May 26 - Memorial Day in the US. * ...

Nordic's leading consumer electronics retailer removes the stress of Black Friday by replacing 860+ security appliances with Cato's cloud-native SASE architecture. TEL AVIV, Israel, April 29, 2025 /PRNewswire/ -- Cato Networks, the SASE leader, today announced that Elkjøp, the largest......

Jennifer Huddleston, Technology Policy Senior Fellow at the Cato Institute says the FTC's antitrust trial against Meta's Instagram and WhatsApp purchases is "imagining a world that never existed". "We don't want to see a world where government enforcers penalize businesses for taking risky chances." She joins Ed Ludlow on "Bloomberg Technology". (Source: Bloomberg)...

After a second 75-day extension to TikTok's sell-or-ban affair, we take a look at TikTok from a national security standpoint. Former president of the Council on Foreign Relations Richard Haass says that “Tiktok America is the equivalent of drinking several cans of soda a day” and that Americans should be concerned about vulnerabilities that are exposed through its data. Cato Institute's Jennifer Huddleston poses the question of whether this is more about TikTok's ties to China or how young people's use social media makes older generations uncomfortable. (Source: Bloomberg)...

Turkish authorities say they've detained more than 1,400 protesters for "illegal" protests. Mustafa Akyol, Senior Fellow at the Cato Institute's Center for Global Liberty and Prosperity, spoke to Bloomberg's Horizons Middle East and Africa anchor, Joumanna Bercetche, on the timing of the arrest of President Erdogan's main rival, Istanbul's Mayor Ekrem Imamoglu, three years before elections in Turkey. (Source: Bloomberg)...

CATO incurs a narrower year-over-year loss per share in Q4 as improved supply chain efficiency and cost controls help offset sales declines and margin pressures in a challenging retail environment....

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CHARLOTTE, N.C., March 20, 2025 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported a net loss of ($14.1) million or ($0.74) per diluted share for the fourth quarter ended February 1, 2025, compared to a net loss of ($23.4) million or ($1.14) per diluted share for the fourth......

How have fared countries fared five years after they took differing approaches to restrict their activities? Senior fellow at the Cato Institute Johan Norberg talks about Sweden's “less restrictive approach” and its surprisingly low death rates. Halfway across the world in New Zealand, chief economist for ANZ bank Sharon Zollner reflects on the country's economic response to the pandemic. (Source: Bloomberg)...

What are the benefits and pitfalls of regulation as the current White House administration tries to roll it back? We dissect this with Jeff Miron, the Director of Undergraduate Economics at Harvard and the Director of Economic Studies at the Cato Institute. (Source: Bloomberg)...

Bloomberg's Caroline Hyde and Jackie Davalos discuss the market anxiety building around chip export controls to China. And we'll hear from the Cato Institute's Jennifer Huddleston about the impact of President Donald Trump's tech policy on trade and anti-trust investigations. Plus, Josh Chapman, managing partner of Konvoy, explains how tensions between the US and China could impact the video game industry. (Source: Bloomberg)...

Jennifer Huddleston, senior tech policy fellow at the Cato Institute, expects the Trump administration to continue an aggressive approach to anti-trust.  She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology" to discuss what that means for the AI sector and content moderation. (Source: Bloomberg)...

Cato Networks CEO Shlomo Kramer discusses the company's revenue growth jump, surpassing $250M in 2024. He joins Jackie Davalos and Tim Stenovec on "Bloomberg Technology". (Source: Bloomberg)...

Just In Time For Valentine's Day, Hegseth Takes The Romance Out Of NATO Authored by Justin Logan via Cato Inst/AntiWar, Defense Secretary Pete Hegseth gave a terrific, bracing speech yesterday to the Ukraine Defense Contact Group that deserves praise. For more than two years, European capitals have been encouraging maximalism regarding the Ukraine war, and more generally encouraging the doddering US president's romantic ideas about the transatlantic relationship. It all came crashing down today. Newsweek/Getty Images Hegseth made clear, inter alia, that, “NATO membership for Ukraine is [not] a realistic outcome of a negotiated settlement”; “as part of any [postwar] security guarantee, there will not be US troops deployed to Ukraine”; a return to Ukraine's 1991 borders, an official Ukrainian war aim, is “an unrealistic objective”; “stark strategic realities prevent the United States of America from being primarily focused on the security of Europe”; and that, “the Un...

Classical Education Resurgence Is Shaping School Choice Authored by Aaron Gifford via The Epoch Times (emphasis ours), Teach them how to learn, not what to learn. That's the key concept for classical education, which is enjoying a national resurgence, with Florida leading the way. Classical education advocates hope their movement will expand from private religious and chartered learning institutions to struggling public schools. Illustration by The Epoch Times, Shutterstock Hope is high in the wake of an election year that saw the selection of pro-school choice candidates across the country, including President Donald Trump. “During COVID, parents saw what their kids were learning, and there was general disappointment with the level of learning that was happening,” Colleen Hroncich, a policy analyst with the Cato Institute Center for Educational Freedom, told The Epoch Times. “The public education model has had a monopoly [on learning], but it's mediocre definitionally. They're servin...