Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).Inflation incre...
Mar 13th 2025 Nothing unites and propels the world’s nationalists quite like hostility to immigration. And in the 2020s there has been lots of it: the number of long-term migrants to the rich world ro...
Talk to a business owner in any country and, before long, they will voice a familiar complaint. In low-unemployment America, a third of firms say they experience recruitment challenges as candidates l...
Mar 13th 2025 The market moves were bigger than expected. On March 5th German long-term yields jumped by 0.3 percentage points, the largest single-day rise in almost 30 years, and the euro surged. Eur...
Mar 13th 2025 Testosterone replacement therapy is popular. In men with a deficiency, injections should provide pep, a stronger libido and lower anxiety. Now many with normal levels hope to achieve the...
Mar 12th 2025 What prompts a revolution? When it comes to investing, no change has been as great as that produced by researchers at the University of Chicago in the 1960s. Their financial-theory revol...
It seems like five minutes ago that America’s stockmarket was the only game in town. Prices were breaking records every other week; rivals around the world had been left behind. Now investors’ faith i...
Mar 10th 2025 | NEW YORK THE SELL-OFF shows no sign of stopping. America’s S&P 500 index dropped by another 3% on March 10th, leaving the world’s most watched stockmarket down by almost 9% since its p...
Mar 9th 2025 | Tallinn War and peace are notoriously difficult to price. Just now they are even harder to ignore. Three years ago Russia’s invasion of Ukraine sent a wave of disruption through financi...
Mar 9th 2025 | New York “A strong dollar is in our national interest.” The simple message from Robert Rubin, who became treasury secretary in 1994, marked a turning point. For decades, American policy...
Canada’s business press remained sanguine. Belligerent statements by the American president, one Toronto-based newspaper wrote, were mere campaign rhetoric; he would ultimately decide against tariffs ...
The capital of Malawi, one of the world’s poorest countries, runs on aid. A city built in the 1970s by the World Bank, Lilongwe’s straight streets are filled with charities, development agencies and g...