Paying utilities bills, including ones for electricity, is a responsibility that many Americans face – and some have difficulty covering – each month. Nationwide, the amount of money that Americans ha...
BITCOIN IS BACK. Since Donald Trump’s election victory on November 5th, the world’s dominant cryptocurrency has surged to new heights above $100,000 a unit, enjoying a rise of 138% since the start of ...
Dec 12th 2024 At this time of year, many policymakers want to know how fast their economies will grow in the year ahead. China’s leaders set themselves a still tougher question: how fast their economy...
Dec 12th 2024 | Washington, DC A lot is riding on the numbers after the decimal point. In the argot of investors, inflation in America is back to having a “two-handle” (that is, running above 2% but b...
Dec 12th 2024 Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no...
Dec 10th 2024 | Washington, DC Interest rates at their highest in decades, wars in Europe and the Middle East, elections in countries as important as America and India. No matter. The world economy de...
Dec 10th 2024 Are you smarter than a ten-year-old? New data suggest that a shockingly large portion of adults in the rich world might not be. Roughly one-fifth of people aged 16 to 65 perform no bette...
Dec 9th 2024 Donald Trump, a man not renowned for the length of his attention span, likes simple formulas. Scott Bessent, his nominee to be treasury secretary, has one: “3-3-3”. He wants to cut Americ...
Lending from China posed a dilemma to leaders in cash-strapped poor countries. In the 2010s, as the Belt and Road Initiative (bri) got going, China began to invest vast sums in overseas infrastructure...
Dec 5th 2024 What do Barron Trump, son of the president-elect; some Islamic charities in Britain; and America’s legal cannabis industry have in common? This is not a set-up for a bad joke. Rather, all...
When things got tough, European finance ministers used to sigh and say that at least they were not Greek. Today, some would struggle to make such a comment. On December 2nd the yield on Greek bonds fe...
