On February 27, Defense Secretary Pete Hegseth took the unprecedented step of designating a U.S. firm—Anthropic—as a supply ...

Sen. Elizabeth Warren (D-Mass.) has accused the Trump administration of corrupting the merger process between Netflix Inc.

"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," billionaire investor Ken Griffin said at the Economic Club of New York. The Citadel founder said ...

State capitalism. MAGA Marxism. Crony capitalism. "When the American government appears to favor a company over rival companies, that distorts the marketplace," says Ann Lipton, a veteran business law ...

We have seen a blurring of boundaries between government and business under President Trump. It has some political commentators ringing the alarm... How close is the US to crony capitalism? ANNOUNCER: ...

Voluntary transactions between consumers, firms, employees, and investors and direction using coercive commands, or capitalism and socialism, provide alternative ways to organize an economy. America’s ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. "When the American government appears ...