United States
The Economist
Five crazy Trump tariffs you wouldn’t believe
Saint Pierre and Miquelon earns a dubious honour
Published on 5 April 2025 | 2:16 pm
China hits back hard against Trump’s tariffs
Stockmarkets plunge further in response
Published on 4 April 2025 | 4:55 pm
How worrying is the weakening dollar?
In times of trouble, the greenback normally strengthens
Published on 4 April 2025 | 4:05 pm
What America’s stockmarket plunge means
Farewell to 15 years of exceptionalism?
Published on 3 April 2025 | 8:49 pm
Financial markets flail in the face of America’s tariffs
Asia is hit hardest, but nowhere looks good
Published on 3 April 2025 | 10:35 am
What a refugee camp reveals about economics
In Dzaleka, Malawi, everyone receives $9 a month
Published on 3 April 2025 | 9:50 am
Tin, an overlooked critical metal, is enjoying a boom
Prized and in short supply, its price is very volatile
Published on 3 April 2025 | 9:50 am
How Milei made Argentina deserving of an IMF bail-out
He offers the only way out of a supremely difficult situation
Published on 3 April 2025 | 9:31 am
Trump takes America’s trade policies back to the 19th century
The president jacks up tariffs on all countries, with particularly sharp rises for much of Asia
Published on 3 April 2025 | 12:06 am
The American government’s accidental private-credit subsidy
How a Depression-era lending scheme became a trillion-dollar wheeze
Published on 2 April 2025 | 9:53 pm
Can the world’s free-traders withstand Trump’s attack?
Much will depend on the courage of Europe
Published on 2 April 2025 | 3:48 pm
Trump’s “Liberation Day” is set to whack America’s economy
A rush of new tariffs will hurt growth, raise prices and worsen inequality
Published on 30 March 2025 | 1:56 pm
Even priests need the free market
What clergymen can learn from economists
Published on 27 March 2025 | 11:08 am
Can foreign investors learn to love China again?
Wall Street still needs more to coax it back. But non-American firms may be ready to return
Published on 27 March 2025 | 11:07 am
The surging gold price is boosting Central Asia’s economies
But foreign investors might want to tread carefully
Published on 27 March 2025 | 11:06 am
Nubank has conquered Brazil. Now it is expanding overseas
The country’s struggling economy provides a push
Published on 27 March 2025 | 11:05 am
Trump’s tariff pain: the growing evidence
As “liberation day” nears, American businesses suffer
Published on 25 March 2025 | 9:43 pm
How Europe can hurt Russia’s economy
Even if America lifts sanctions, the old continent has its own weapons
Published on 24 March 2025 | 8:01 pm
Live music seems recession-proof. Thank ticket scalpers
When demand softens, the secondary market absorbs the pain
Published on 23 March 2025 | 3:16 pm
Even the Trumpiest stocks are suffering
Investors may have misjudged which firms would thrive under the new administration
Published on 20 March 2025 | 10:37 am
Beneath investors’ feet, the ground is shifting
More remarkable than slumping share prices are the forces behind them
Published on 19 March 2025 | 6:57 pm
The Trump administration is playing a dangerous stockmarket game
American investors are extremely exposed to a sell-off—and so is the economy
Published on 19 March 2025 | 4:53 pm
America’s Democrats should embrace “abundance liberalism”
Two new books contain much to commend them
Published on 18 March 2025 | 6:16 pm
Where will be the next electric-vehicle superpower?
Three Asian countries make their pitch
Published on 18 March 2025 | 4:01 pm
Can anything get China’s shoppers to spend?
An economic recovery depends on it. Yet a new action plan may not do the job
Published on 17 March 2025 | 7:25 pm
Why rents are rising too fast
Rich-world tenants are angry, and have reason to be
Published on 16 March 2025 | 11:20 am
Can Europe cope with a free-spending Germany?
Pity the continent’s exporters
Published on 13 March 2025 | 11:37 am
More testosterone means higher pay—for some men
A changing appetite for status games could play a role
Published on 13 March 2025 | 11:15 am
Why “labour shortages” don’t really exist
Use the term, and you are almost always a bad economist or a special pleader
Published on 13 March 2025 | 10:51 am
Your guide to the new anti-immigration argument
Nativists say that migrants raise house prices, cost money and undermine economic growth. Do they have a point?
Published on 13 March 2025 | 10:47 am
What sparks an investing revolution?
Ideas that emerged from the University of Chicago in the 1960s changed the world. But as a new film shows, they almost didn’t
Published on 12 March 2025 | 7:25 pm
Will America’s stockmarket convulsions spread?
Investors are hurrying to find alternatives—but all face difficulties of their own
Published on 11 March 2025 | 6:50 pm
How Trump provoked a stockmarket sell-off
Will the president win back investors? Does he even want to?
Published on 10 March 2025 | 10:08 pm
Does Trump really want a weaker dollar?
Overturning three decades of American policy will not be painless
Published on 9 March 2025 | 3:41 pm
Investors think the Russia-Ukraine war will end soon
The prospect of peace is reshaping markets, in ways both ominous and promising
Published on 9 March 2025 | 3:36 pm
Donald Trump’s tariffs are a throwback to the 1930s
“Economic nationalism”, our predecessors wrote, “is almost an American invention”
Published on 6 March 2025 | 2:35 pm
Aid cannot make poor countries rich
For decades, officials have promised to raise economic growth. For decades, they have failed
Published on 6 March 2025 | 10:37 am
It is not the economic impact of tariffs that is most worrying
What are the lessons of the 1930s?
Published on 6 March 2025 | 10:34 am
Trump’s tariff turbulence is worse than anyone imagined
Even his concessions are less generous than expected
Published on 5 March 2025 | 9:37 pm
Why silver is the new gold
Safe-haven demand and solar panels have sent its price soaring
Published on 5 March 2025 | 7:34 pm
Trump’s new tariffs are his most extreme ever
America targets its three biggest trading partners: Canada, Mexico and China
Published on 3 March 2025 | 11:16 pm
El Salvador’s wild crypto experiment ends in failure
Its curtailment is the price of an IMF bail-out. And one worth paying
Published on 2 March 2025 | 2:26 pm
America is at risk of a Trumpian economic slowdown
Protectionist threats and erratic policies are combining to hurt growth
Published on 2 March 2025 | 2:20 pm
India has undermined a popular myth about development
Extreme poverty in the country has dropped to negligible levels
Published on 27 February 2025 | 10:55 am
How to get rich in 2025
Forget about your career. Today an inheritance is what matters
Published on 27 February 2025 | 10:48 am
How cheap can investing get?
The answer depends on whether speculators resist zany ETFs
Published on 26 February 2025 | 6:53 pm
Meet Trump’s fiercest opponent: the bond market
Treasury yields are falling sharply. But not for the president’s desired reasons
Published on 25 February 2025 | 8:11 pm
Stablecoins: the real crypto craze
Policymakers are racing to catch up with their rapid rise
Published on 23 February 2025 | 1:04 pm
Why American credit-card delinquencies have suddenly shot up
They are now at a 13-year high. How concerned should you be?
Published on 20 February 2025 | 11:16 am
China’s leaders look to have blinked in their property face-off
They did not want to bail out indebted firms. Now they are on the verge of doing so
Published on 20 February 2025 | 11:11 am
Donald Trump’s reciprocal tariffs are absurd
At first glance, they are a bureaucratic nightmare. On a closer look, they are even worse
Published on 20 February 2025 | 11:03 am
To spend big, Germany’s next government may need EU help
How self-imposed constraints could lead to a bizarre outcome
Published on 20 February 2025 | 10:55 am
Investors fear inflation is coming back. They may be right
Is the world about to repeat the mistakes of the 1970s?
Published on 20 February 2025 | 10:45 am
American inflation looks increasingly worrying
Trump’s tariffs are fuelling consumer concerns, which may prove self-fulfilling
Published on 18 February 2025 | 7:25 pm
Will Europe return to Putin’s gas?
A deal with the devil would boost the continent’s miserable economy
Published on 16 February 2025 | 3:03 pm
Cheap solar power is sending electrical grids into a death spiral
Pakistan and South Africa provide a warning for other countries
Published on 13 February 2025 | 11:00 am
Russian inflation is too high. Does that matter?
In a strong economy, price pressure can endure for a long time
Published on 13 February 2025 | 10:55 am
Why you should repay your mortgage early
For the first time in decades, the arithmetic suggests settling housing loans
Published on 13 February 2025 | 10:42 am
How AI will divide the best from the rest
Optimists hope the technology will be a great equaliser. Instead, it looks likely to widen social divides
Published on 13 February 2025 | 10:41 am
The danger of relying on OpenAI’s Deep Research
Economists are in raptures, but they should be careful
Published on 13 February 2025 | 10:27 am
Elon Musk is failing to cut American spending
DOGE has so far disrupted everything in government bar the deficit
Published on 12 February 2025 | 7:11 pm
Donald Trump’s Super Bowl tariffs are an act of self-harm
Duties on aluminium and steel will throttle American industry and fragment global markets
Published on 10 February 2025 | 11:23 pm
Why Donald Trump’s protectionist zeal has only grown
Lessons from a week of chaos
Published on 6 February 2025 | 11:52 am
Narendra Modi is struggling to boost Indian growth
Tax cuts may lift short-term output, but deeper reform is required
Published on 6 February 2025 | 11:20 am
Europe has no escape from stagnation
Things look increasingly dark for the continent
Published on 6 February 2025 | 11:18 am
When will remote workers see their pay cut?
Logging on at home is a perk, yet so far it has not been treated as such
Published on 6 February 2025 | 11:15 am
Tariff uncertainty can be as ruinous as tariffs themselves
Whatever its geopolitical merits, the “madman theory” transfers badly to economics
Published on 6 February 2025 | 11:12 am
Don’t propose with a diamond
Lab-grown gems may destroy both their own value and that of natural rocks, too
Published on 6 February 2025 | 10:32 am
How to invest like a MAGA bigwig
Cannabis, crypto or half of North Dakota?
Published on 5 February 2025 | 6:47 pm
Xi Jinping shows how he will return American fire
China’s trade retaliation carries a warning of worse to come
Published on 4 February 2025 | 4:46 pm
How Trump’s tariff turbulence will cause economic pain
Mexico and Canada win a reprieve, but firms remain rattled
Published on 3 February 2025 | 10:19 pm
Trump’s brutal tariffs far outstrip any he has imposed before
Canada, Mexico and China are going to be made to suffer
Published on 2 February 2025 | 12:05 am
Why your portfolio is less diversified than you might think
The most important idea in modern finance has become maddeningly hard to implement
Published on 30 January 2025 | 11:10 am
Can Germany’s economy stage an unexpected recovery?
The situation is dire, but there are glimmers of hope
Published on 30 January 2025 | 11:09 am
Giorgia Meloni has grand banking ambitions
Will Italy’s nationalist prime minister manage to concentrate financial power?
Published on 30 January 2025 | 11:01 am
Tech tycoons have got the economics of AI wrong
Following DeepSeek’s breakthrough, the Jevons paradox provides less comfort than they imagine
Published on 30 January 2025 | 11:00 am
Donald Trump’s economic warfare has a new front
The president has threatened to blow up the global tax system. Will allies be able to stop him?
Published on 30 January 2025 | 10:58 am
Don’t let Donald Trump see our Big Mac index
America’s tariff-loving president could learn the wrong lessons from international burger prices
Published on 29 January 2025 | 5:54 pm
Will America’s crypto frenzy end in disaster?
Donald Trump’s team is about to bring digital finance into the mainstream
Published on 26 January 2025 | 4:30 pm
Do tariffs raise inflation?
Usually. But the bigger problem is that they harm economic growth and innovation
Published on 23 January 2025 | 11:23 am
European governments struggle to stop rich people from fleeing
Exit taxes are popular, and counter-productive
Published on 23 January 2025 | 11:22 am
Saba Capital wages war on underperforming British investment trusts
How many will end up in Boaz Weinstein’s sights?
Published on 23 January 2025 | 11:08 am
Has Japan truly escaped low inflation?
Its central bankers are increasingly hopeful
Published on 23 January 2025 | 11:04 am
How American bankers dodged the MAGA carnage
The masters of the universe have escaped an anti-globalist revolt
Published on 23 January 2025 | 10:47 am
China’s financial system is under brutal pressure
When will something break?
Published on 23 January 2025 | 10:45 am
The Arctic: climate change’s great economic opportunity
An enormous prize is on offer. When might it be grasped?
Published on 23 January 2025 | 10:41 am
Donald Trump issues fresh tariff threats
But it may be a while before he unleashes a universal levy
Published on 20 January 2025 | 9:15 pm
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Published on 17 January 2025 | 1:37 pm
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Published on 16 January 2025 | 11:07 am
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
Published on 16 January 2025 | 11:04 am
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Published on 16 January 2025 | 10:29 am
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful
Published on 15 January 2025 | 4:38 pm
Iran is vulnerable to a Trumpian all-out economic assault
Oil prices are already at a five-month high
Published on 13 January 2025 | 7:32 pm
Why global bond markets are convulsing
Pity anyone taking out a mortgage
Published on 12 January 2025 | 3:31 pm
The Los Angeles fires will be extraordinarily expensive
They will also expose California’s faulty insurance market
Published on 10 January 2025 | 9:01 pm
Europe could be torn apart by new divisions
The continent is at its most vulnerable in decades
Published on 9 January 2025 | 11:10 am
How corporate bonds fell out of fashion
The market is at its hottest in years—and a shadow of its former self
Published on 9 January 2025 | 11:03 am
An American purchase of Greenland could be the deal of the century
The economics of buying new territory
Published on 8 January 2025 | 8:46 pm
China’s markets take a fresh beating
Authorities have responded by bossing around investors
Published on 7 January 2025 | 4:30 pm
Can America’s economy cope with mass deportations?
Production slowdowns, more imports and pricier housing could follow
Published on 6 January 2025 | 8:33 pm
Would an artificial-intelligence bubble be so bad?
A new book by Byrne Hobart and Tobias Huber argues there are advantages to financial mania
Published on 2 January 2025 | 9:54 am
Will Elon Musk dominate President Trump’s economic policy?
He will face challenges from both America firsters and conservative mainstreamers
Published on 2 January 2025 | 9:49 am
What investors expect from President Trump
Shareholders are over the moon; bondholders are readying the whip hand
Published on 1 January 2025 | 3:25 pm
China’s firms are taking flight, worrying its rulers
Policymakers at home and abroad are anxious about offshoring
Published on 29 December 2024 | 3:22 pm
Manmohan Singh was India’s economic freedom fighter
India’s most consequential finance minister, who later became PM, has died aged 92
Published on 28 December 2024 | 7:47 pm
Why fine wine and fancy art have slumped this year
Investing in luxury goods was a bad move in 2024
Published on 27 December 2024 | 11:47 am
Just how frothy is America’s stockmarket?
We crunch the numbers to assess just how euphoric investors became in 2024
Published on 22 December 2024 | 1:16 pm
Don’t count on monetary policy to make housing affordable
Unless housebuilding picks up, neither cheap nor dear money will bring relief
Published on 19 December 2024 | 10:48 am
Why Brazil’s currency is plunging
Fiscal and monetary policy are now pitted against one another
Published on 19 December 2024 | 10:46 am
The search for the world’s most efficient charities
What the data say about doing good well
Published on 19 December 2024 | 10:43 am
Conflict is remaking the Middle East’s economic order
Iran is boxed in as Saudi Arabia, the UAE and Turkey look to capitalise
Published on 19 December 2024 | 10:42 am
Ukraine is winning the economic war against Russia
Whether that lasts depends on its ability to overcome acute shortages of power, men and money
Published on 18 December 2024 | 7:51 pm
The World Bank is struggling to serve all 78 poor countries
Bangladesh and Niger are very different places
Published on 12 December 2024 | 11:16 am
The Federal Reserve takes on Trump—and stubborn inflation
Time for Jerome Powell to enter the octagon
Published on 12 December 2024 | 11:12 am
What a censored speech says about China’s economy
If growth is on target, why is inflation so low?
Published on 12 December 2024 | 11:09 am
Bitcoin is up by 138% this year. It is a nonsense-free rally
The link between digital assets and mainstream finance is strengthening
Published on 12 December 2024 | 10:34 am
Which economy did best in 2024?
We rank countries on five measures
Published on 10 December 2024 | 6:43 pm
Are adults forgetting how to read?
A survey by the OECD suggests so
Published on 10 December 2024 | 10:27 am
How much oil can Trump pump?
The president-elect wants to be the ultimate energy baron
Published on 9 December 2024 | 6:44 pm
The hidden cost of Chinese loans
Governments that borrow from China must pay more to borrow from others
Published on 5 December 2024 | 11:12 am
Xi Jinping’s campaign against gambling is a failure
Chinese citizens go to great lengths to bet
Published on 5 December 2024 | 11:10 am
How sports gambling became ubiquitous
Europe is at the centre of the industry’s growth
Published on 5 December 2024 | 11:08 am
Cronyism is a problem. But not always an economic one
Research on the topic is surprisingly nuanced
Published on 5 December 2024 | 11:01 am
France is not alone in its fiscal woes
Deficits look worryingly wide across Europe
Published on 5 December 2024 | 10:59 am
MAGA types have a point on debanking
A booming compliance industry is causing problems
Published on 5 December 2024 | 10:57 am
How China will strike back at Trump
Xi Jinping has set out his tariff red lines. What if America crosses them?
Published on 1 December 2024 | 4:45 pm
Russia’s plunging currency spells trouble for its war effort
Supplies from China are about to become more expensive
Published on 1 December 2024 | 2:44 pm
The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Published on 28 November 2024 | 11:29 am
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Published on 28 November 2024 | 11:05 am
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
Published on 28 November 2024 | 10:58 am
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Published on 28 November 2024 | 10:57 am
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Published on 28 November 2024 | 10:19 am
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
Published on 26 November 2024 | 2:24 pm
How Trump, Starmer and Macron can avoid a debt crunch
With deficits soaring, their finance ministers will have to be smart
Published on 24 November 2024 | 4:25 pm
What Scott Bessent’s appointment means for the Trump administration
The president-elect’s nominee for treasury secretary faces a gruelling job
Published on 23 November 2024 | 10:56 am
What Donald Trump and Bernie Sanders get wrong about credit cards
Forget interest rates. Rewards are the real problem
Published on 21 November 2024 | 11:05 am
Computers unleashed economic growth. Will artificial intelligence?
Two years after ChatGPT-3.5 arrived, progress has been slower than expected
Published on 21 November 2024 | 11:03 am
Should investors just give up on stocks outside America?
No, but it is getting a lot harder to keep the faith
Published on 21 November 2024 | 11:01 am
Is China really a nation of slackers?
A new survey raises the question
Published on 21 November 2024 | 10:54 am
Donald Trump’s gas war is about to begin
It could annoy some of his most loyal supporters
Published on 21 November 2024 | 10:52 am
Our Big Mac index shows how burger prices differ across borders
Using patty-power parity to think about exchange rates
Published on 20 November 2024 | 11:51 am
Vladimir Putin is in a painful economic bind
Russia’s reliance on China is becoming a problem
Published on 18 November 2024 | 6:53 pm
How to make Elon Musk’s budget-slashing dreams come true
We offer some suggestions
Published on 17 November 2024 | 4:46 pm
Economists need new indicators of economic misery
Existing measures of discomfort are failing to predict elections
Published on 14 November 2024 | 10:40 am
Why financial markets are so oddly calm
Indicators of market volatility have plunged
Published on 14 November 2024 | 10:40 am
How to pay for the poor world to go green
Rich countries need not reinvent the wheel
Published on 14 November 2024 | 10:40 am
The biggest losers from Trumponomics
America’s president-elect wants to reshape trade, capital and labour flows
Published on 14 November 2024 | 10:39 am
What does America’s next treasury secretary believe?
We take a look at the leading contenders for the job
Published on 12 November 2024 | 8:42 pm
Why crypto mania is reaching new heights
Are bitcoin bros right to be so thrilled by Donald Trump’s victory?
Published on 12 November 2024 | 7:49 pm
America’s strengthening dollar will rattle the rest of the world
Donald Trump’s policies could send the greenback soaring
Published on 10 November 2024 | 3:53 pm
What betting markets got right and wrong about Trump’s victory
They might have simply been lucky, or biased
Published on 7 November 2024 | 11:50 am
Big Macs, strawberry jam and the wealth of nations
Alan Heston, a pioneer in comparing economies, died on October 25th
Published on 7 November 2024 | 11:17 am
India is undergoing an astonishing stockmarket revolution
Small investors, rejoice—and beware
Published on 7 November 2024 | 11:12 am
Sanctions are sinking Russia’s flagship gas project
Whether that lasts is up to Donald Trump
Published on 7 November 2024 | 11:09 am
The return of Trumponomics excites markets but frightens the world
It may bring stronger growth, higher inflation and a global trade war
Published on 6 November 2024 | 3:44 pm
Why investors’ “Trump trade” might be flawed
Markets are betting Trump 2.0 would boost the dollar. It could fall instead
Published on 3 November 2024 | 10:37 am
Greenland faces one of history’s great resource rushes—and curses
The territory sits on an astounding number of critical minerals
Published on 31 October 2024 | 11:30 am
Ireland’s government has an unusual problem: too much money
A tax windfall has added to already overflowing coffers
Published on 31 October 2024 | 11:22 am
American men are getting back to work
The ultra-gloomy picture painted by politicians is no longer accurate
Published on 31 October 2024 | 11:09 am
Why China needs to fill its empty homes
The country’s economy is broken. A recovery requires a healthier property market
Published on 31 October 2024 | 11:03 am
Sin taxes are suffering from a shortage of sinners
Governments across the rich world are looking for alternatives
Published on 31 October 2024 | 10:59 am
Will bond vigilantes come for America’s next president?
Treasury yields are rising ominously
Published on 30 October 2024 | 7:46 pm
Donald Trump would leave Asia with only bad options
The continent’s policymakers are too relaxed about the risks
Published on 30 October 2024 | 6:16 pm
America’s glorious economy should help Kamala Harris
Voters are starting to notice the good news just in time for the election
Published on 27 October 2024 | 3:11 pm
The economics of thinness (Ozempic edition)
Will skinny still be desirable when it is more easily achieved by the masses?
Published on 24 October 2024 | 9:55 am
Investors should not fear a stockmarket crash
Take a long view, and shares are a lot less risky than many realise
Published on 24 October 2024 | 9:53 am
How bad are video games for your grades?
Chinese students provide an answer
Published on 24 October 2024 | 9:41 am
What the surging price of gold says about a dangerous world
Financial fears and geopolitical tremors combine to great effect
Published on 22 October 2024 | 12:29 pm
Hizbullah’s sprawling financial empire looks newly vulnerable
Why Israel is now bombing Lebanese banks
Published on 21 October 2024 | 7:10 pm
The West faces new inflation fears
Having moved in lockstep, America and Europe now have very different concerns
Published on 20 October 2024 | 11:47 am
Trump’s trillion-dollar tax cuts are spiralling out of control
His zany promises would blow up the deficit
Published on 17 October 2024 | 9:59 am
Inside the secret oil trade that funds Iran’s wars
An investigation by The Economist uncovers a multi-billion-dollar, America-defying network
Published on 17 October 2024 | 9:08 am
Germany’s economy goes from bad to worse
Things may look brighter next year, but the relief will be short-lived
Published on 15 October 2024 | 5:11 pm
An economics Nobel for work on why nations succeed and fail
Daron Acemoglu, Simon Johnson and James Robinson tackled the most important question of all
Published on 14 October 2024 | 6:39 pm
Why investors should still avoid Chinese stocks
The debate about “uninvestability” obscures something important
Published on 14 October 2024 | 5:03 pm
China’s property crisis claims more victims: companies
Unsold homes are contributing to a balance-sheet recession
Published on 10 October 2024 | 10:25 am
Europe’s green trade restrictions are infuriating poor countries
Only the poorest can expect help to cushion the blow
Published on 10 October 2024 | 10:24 am
How America learned to love tariffs
Protectionism hasn’t been this respectable for decades
Published on 10 October 2024 | 10:21 am
Why have markets grown more captivated by data releases?
Especially when the quality of statistics is deteriorating
Published on 10 October 2024 | 10:18 am
Can the world’s most influential business index be fixed?
Two cheers for the World Bank’s new global business survey
Published on 10 October 2024 | 10:13 am
Can markets reduce pollution in India?
An experiment in Gujarat yields impressive results
Published on 10 October 2024 | 9:55 am
Could war in the Gulf push oil to $100 a barrel?
Missiles are flying over a region that supplies a third of the world’s crude
Published on 7 October 2024 | 7:56 pm
How bond investors soured on France
They now regard the euro zone’s second-largest economy as riskier than Spain
Published on 6 October 2024 | 11:17 am
Can Andrea Orcel, Europe’s star banker, create a super-bank?
An interview with the boss of UniCredit
Published on 3 October 2024 | 10:02 am
Why economic warfare nearly always misses its target
There is no such thing as a strategic commodity
Published on 3 October 2024 | 10:00 am
A tonne of public debt is never made public
New research suggests governments routinely hide their borrowing
Published on 3 October 2024 | 9:59 am
Xi Jinping’s belated stimulus has reset the mood in Chinese markets
But can the buying frenzy last?
Published on 2 October 2024 | 8:21 pm
The house-price supercycle is just getting going
Why property prices could keep rising for years
Published on 1 October 2024 | 5:37 pm
Why is Canada’s economy falling behind America’s?
The country was slightly richer than Montana in 2019. Now it is just poorer than Alabama
Published on 30 September 2024 | 7:34 pm
At last, China pulls the trigger on a bold stimulus package
“Buy everything,” says an American hedge fund
Published on 27 September 2024 | 5:22 pm
Why the Federal Reserve is split on the future of interest rates
Jerome Powell began with a big cut. What comes next?
Published on 26 September 2024 | 10:13 am
A Wall Street state of mind has captured America
Downtown New York is quieter than ever. Finance has never been louder
Published on 26 September 2024 | 10:12 am
Is the world sleepwalking into another gas crisis?
Prices could once again spike this winter
Published on 26 September 2024 | 10:11 am
How lower American interest rates will boost Africa
One of the world’s worst-named financial instruments is newly relevant
Published on 26 September 2024 | 9:41 am
Can Israel’s economy survive an all-out war with Hizbullah?
The country’s banks are experiencing capital flight
Published on 24 September 2024 | 8:14 pm
China’s central bank tries to save the economy—and the stockmarket
But it will need more help from the government
Published on 24 September 2024 | 3:19 pm
Governments are bigger than ever. They are also more useless
Why voters across the rich world are miserable
Published on 23 September 2024 | 7:18 pm
The world’s poorest countries have experienced a brutal decade
Why has development ground to a halt?
Published on 19 September 2024 | 10:11 am
European regulators are about to become more political
That will worry many in Silicon Valley
Published on 19 September 2024 | 10:05 am
What the history of money tells you about crypto’s future
The thread from shipwrecks and sheep flocks to digital currencies
Published on 19 September 2024 | 10:03 am
Why the Federal Reserve has gambled on a big interest-rate cut
The bold move carries economic and political risks
Published on 18 September 2024 | 6:07 pm
The Federal Reserve’s interest-rate cuts may disappoint investors
Jerome Powell could still surprise on the hawkish side
Published on 16 September 2024 | 6:32 pm
How China’s communists fell in love with privatisation
Even though they are not very good at it
Published on 15 September 2024 | 3:33 pm
Norway’s weak currency presents a mystery
The country’s economy is thriving yet the krone is becoming less and less valuable. What’s going on?
Published on 12 September 2024 | 10:05 am
An American sovereign-wealth fund is a risky idea
Donald Trump’s latest proposal has worryingly broad support
Published on 12 September 2024 | 10:04 am
Can bonds keep beating stocks?
After a terrible couple of months for shareholders, lenders are feeling smug
Published on 12 September 2024 | 10:03 am
Why orange juice has never been more expensive
Pity those who rely on the breakfast staple
Published on 12 September 2024 | 10:03 am
The IMF has a protest problem
Does it give up—or insist on painful reforms?
Published on 12 September 2024 | 10:01 am
China’s government is surprisingly redistributive
That is despite a stingy tax-and-transfer system
Published on 12 September 2024 | 10:00 am
Strangely, America’s companies will soon face higher interest rates
Even though the Federal Reserve is about to loosen monetary policy
Published on 11 September 2024 | 2:43 pm
Can anything spark Europe’s economy back to life?
Mario Draghi, the continent’s unofficial chief technocrat, has a plan
Published on 9 September 2024 | 7:38 pm
Has social media broken the stockmarket?
That is the contention of Cliff Asness, one of the great quant investors
Published on 5 September 2024 | 10:13 am
American office delinquencies are shooting up
How worried should investors be?
Published on 5 September 2024 | 10:12 am
China is suffering from a crisis of confidence
Can anything perk up its economy?
Published on 5 September 2024 | 9:53 am
America has a huge deficit. Which candidate would make it worse?
Enough policies have been proposed to make a call
Published on 5 September 2024 | 9:27 am
Why Oasis fans should welcome price-gouging
There are worse things in life than paying a fair price
Published on 5 September 2024 | 9:16 am
As stock prices fall, investors prepare for an autumn chill
Markets are in a very different place from earlier in the year
Published on 4 September 2024 | 2:39 pm
Will interest-rate cuts turbocharge oil prices?
As policymakers prepare to ease policy, traders (and presidential candidates) hold their breath
Published on 2 September 2024 | 7:00 pm
Can Japan’s zombie bond market be brought back to life?
Ueda Kazuo begins on a dangerous mission
Published on 29 August 2024 | 9:59 am
The plasma trade is becoming ever-more hypocritical
Reliance on America grows, as other countries clutch their pearls
Published on 29 August 2024 | 9:50 am
Are American rents rigged by algorithms?
That is what Department of Justice prosecutors allege
Published on 29 August 2024 | 9:50 am
Inflation is down and a recession is unlikely. What went right?
A few years ago, nobody thought that a soft landing was possible
Published on 29 August 2024 | 9:50 am
How Vladimir Putin hopes to transform Russian trade
He believes the country’s future lies with China and India. What could go wrong?
Published on 28 August 2024 | 5:44 pm
Vast government debts are riskier than they appear
A provocative new paper gets central bankers talking at Jackson Hole
Published on 27 August 2024 | 6:24 pm
Jerome Powell (almost) declares victory over inflation
The Federal Reserve chairman strikes a notably doveish tone
Published on 23 August 2024 | 6:58 pm
Investors should avoid a new generation of rip-off ETFs
Some proposals may even be a risk to financial stability
Published on 22 August 2024 | 10:04 am
Why investors are not buying Europe’s revival
Even though the continent’s stocks are in a “sweet spot”
Published on 22 August 2024 | 10:03 am
America’s recession signals are flashing red. Don’t believe them
We assess a range of measures
Published on 22 August 2024 | 9:57 am
America’s anti-price-gouging laws are too minor to be communist
No matter what critics of Kamala Harris allege
Published on 22 August 2024 | 9:42 am
Why don’t women use artificial intelligence?
Even when in the same jobs, men are much more likely to turn to the tech
Published on 21 August 2024 | 2:54 pm
Kamala Harris’s cost-of-living plan will end in failure
She is the latest presidential candidate to embrace self-defeating economics
Published on 20 August 2024 | 7:33 pm
Artificial intelligence is losing hype
For some, that is proof the tech will in time succeed. Are they right?
Published on 19 August 2024 | 6:13 pm
Europe’s economic growth is extremely fragile
Risk is concentrated in one country: Germany
Published on 15 August 2024 | 10:05 am
How vulnerable is Israel to sanctions?
So far, measures have had little effect. That could change
Published on 15 August 2024 | 9:56 am
Why companies get inflation wrong
Bosses should pay less attention to the media
Published on 15 August 2024 | 9:36 am
What is behind China’s perplexing bond-market intervention?
The central bank seems to think the government’s debt is too popular
Published on 14 August 2024 | 6:19 pm
How to invest in chaotic markets
Contrary to popular wisdom, even retail investors should pay attention to volatility
Published on 13 August 2024 | 6:43 pm
Vladimir Putin spends big—and sends Russia’s economy soaring
How long can the party last?
Published on 11 August 2024 | 3:58 pm
Africa’s two most populous economies brave tough reforms
Will Ethiopia and Nigeria be able to stick to them?
Published on 8 August 2024 | 10:04 am
Should central bankers argue in public?
Division is not always a weakness
Published on 8 August 2024 | 9:48 am
Why Warren Buffett has built a mighty cash mountain
Berkshire Hathaway’s boss is an impressive investor, not an economic oracle
Published on 8 August 2024 | 9:39 am
How Chinese shoppers downgraded their ambition
The trend will dismay the country’s policymakers
Published on 8 August 2024 | 9:37 am
A global recession is not in prospect
That will be a relief to investors everywhere
Published on 7 August 2024 | 6:28 pm
The Big Mac index: where to buy a cheap hamburger
Meat-eaters may want to avoid Argentina
Published on 7 August 2024 | 3:07 pm
The stockmarket rout may not be over
As investors pause for breath, we assess what could turn a correction into a crash
Published on 6 August 2024 | 5:48 pm
Why Japanese stocks are on a rollercoaster ride
Volatility in global markets continues
Published on 6 August 2024 | 6:24 am
Why Japanese markets have plummeted
The global rout continues, with the Topix experiencing its worst day since 1987
Published on 5 August 2024 | 10:21 am
Why fear is sweeping markets everywhere
American and Japanese indices have taken a battering. So have banks and gold
Published on 2 August 2024 | 7:41 pm
India’s economic policy will not make it rich
A new World Bank report takes aim at emerging-market growth plans
Published on 1 August 2024 | 1:58 pm
Wanted: new business, finance and economics interns
The Economist invites applications for the 2024-25 Marjorie Deane internship
Published on 1 August 2024 | 1:02 pm
Which cities have the worst overtourism problem?
We rank popular destinations on two measures
Published on 1 August 2024 | 10:22 am
Gary Gensler is the most controversial man in American finance
Donald Trump is just the latest to take a swing. In an interview with The Economist, the SEC chair defends his record
Published on 1 August 2024 | 10:18 am
EU handouts have long been wasteful. Now they must be fixed
New research highlights their failures
Published on 1 August 2024 | 10:17 am
Investors beware: summer madness is here
This year’s hottest months are shaping up to be especially wild
Published on 1 August 2024 | 10:16 am
China’s last boomtowns show rapid growth is still possible
All it takes is for the state to work with the market
Published on 30 July 2024 | 2:09 pm
What the war on tourism gets wrong
Visitors are a boon, if managed wisely
Published on 29 July 2024 | 6:11 pm
Why investors are unwise to bet on elections
Turning a profit from political news is a lot harder than it looks
Published on 25 July 2024 | 9:55 am
Revisiting the work of Donald Harris, father of Kamala
The combative Marxist economist focused on questions related to growth
Published on 25 July 2024 | 9:54 am
Donald Trump wants a weaker dollar. What are his options?
All come with their own drawbacks
Published on 25 July 2024 | 9:41 am
Why is Xi Jinping building secret commodity stockpiles?
Vast new holdings of grain, natural gas and oil suggest trouble ahead
Published on 23 July 2024 | 6:17 pm
How Vladimir Putin created a housing bubble
Prices have risen by 172% in Russia’s biggest cities over the past three years
Published on 22 July 2024 | 3:39 pm
The rich world revolts against sky-high immigration
Moderates want to limit numbers. Radicals want mass deportations. What will be the economic consequence?
Published on 21 July 2024 | 4:04 pm
Japan’s strength produces a weak yen
Currency meddling will prove futile
Published on 18 July 2024 | 10:17 am
At last, Wall Street has something to cheer
Consumer banks, on the other hand, are starting to suffer
Published on 18 July 2024 | 10:14 am
Americans are wrong to wish for an era of stable bipartisanship
Even though political instability is an economic threat
Published on 18 July 2024 | 9:57 am
Why investors have fallen in love with small American firms
The Russell 2000 puts in a historic performance
Published on 18 July 2024 | 9:56 am
YIMBY cities show how to build homes and contain rents
But to take full advantage of deregulation, Austin and Auckland need other changes
Published on 17 July 2024 | 4:01 pm
Stocks are on an astonishing run. Yet threats lurk
We assess what could bring the bull market to an end
Published on 16 July 2024 | 6:12 pm
China’s leaders face miserable economic-growth figures
Reality intruded at the “third plenum”, intended to discuss long-term reforms
Published on 15 July 2024 | 6:49 pm
Xi Jinping really is unshakeably committed to the private sector
He balances that with being unshakeably committed to state-owned enterprises, too
Published on 11 July 2024 | 9:53 am
The dangerous rise of pension nationalism
Pursuing domestic investment at the expense of returns is reckless
Published on 11 July 2024 | 9:37 am
Europe prepares for a mighty trade war
Will it be able to stick to its rule-abiding principles?
Published on 11 July 2024 | 9:36 am
Betting markets are useful when politics is chaotic
Why, then, are they largely outlawed in America?
Published on 11 July 2024 | 9:36 am
Trumponomics would not be as bad as most expect
Opposition would come from all angles
Published on 11 July 2024 | 9:35 am
How strongmen abuse tools for fighting financial crime
They can get Western governments and banks to crack down on exiled dissidents
Published on 9 July 2024 | 3:40 pm
Why Chinese banks are now vanishing
The state is struggling to deal with troubled institutions
Published on 4 July 2024 | 11:05 am
How Starbucks caffeinates local economies
Call it the frappuccino effect
Published on 4 July 2024 | 10:33 am
How much cash should be removed from the financial system?
Undoing quantitative easing provokes fierce debate
Published on 4 July 2024 | 10:09 am
America’s banks are more exposed to a downturn than they appear
To understand why, consider the ouroboros theory of financial risk
Published on 4 July 2024 | 10:06 am
What happened to the artificial-intelligence revolution?
So far the technology has had almost no economic impact
Published on 2 July 2024 | 6:30 pm
Ukraine has a month to avoid default
Lending to a borrower at war entails an additional gamble: that it will win
Published on 30 June 2024 | 3:24 pm
The economics of the tennis v pickleball contest
Don’t hate the new players—or the new game
Published on 27 June 2024 | 10:00 am
Is coal the new gold?
The world’s dirtiest fuel is a disturbingly safe investment
Published on 27 June 2024 | 9:56 am
How Chinese goods dodge American tariffs
Policymakers are unsure what to do about a tricky loophole
Published on 27 June 2024 | 9:53 am
American stocks are consuming global markets
That does not necessarily spell trouble
Published on 27 June 2024 | 9:43 am
McDonald’s v Burger King: what a price war means for inflation
American consumers will be licking their lips. So will Federal Reserve officials
Published on 26 June 2024 | 5:25 pm
Will services make the world rich?
American fried chicken can now be served from the Philippines
Published on 24 June 2024 | 8:51 pm
Is America approaching peak tip?
The country’s gratuity madness may soon calm, so long as Donald Trump does not get his way
Published on 20 June 2024 | 10:05 am
America’s rich never sell their assets. How should they be taxed?
It is tempting to tax them during their lives. It is wiser to do so after their deaths
Published on 20 June 2024 | 10:03 am
Indian state capitalism looks to be in trouble
A weakened Narendra Modi is bad news for investors in government-controlled firms
Published on 20 June 2024 | 9:59 am
Europe faces an unusual problem: ultra-cheap energy
The continent is failing to adapt to a renewables boom
Published on 20 June 2024 | 9:53 am
Think Nvidia looks dear? American shares could get pricier still
Investors are willing to follow whichever narrative paints the rosiest picture
Published on 19 June 2024 | 11:14 am
How bad could things get in France?
The country’s next prime minister faces a brutal fiscal crunch
Published on 18 June 2024 | 3:45 pm
Why house prices are surging once again
In America, Australia and parts of Europe, property markets have shrugged off higher interest rates
Published on 16 June 2024 | 12:52 pm
China’s currency is not as influential as once imagined
Its share of international reserves has stalled
Published on 13 June 2024 | 9:38 am
The cracks in America’s ultra-strong labour market
With a big discrepancy in jobs data, the economy may be weaker than it seems
Published on 13 June 2024 | 9:37 am
Rumours of the trade deal’s death are greatly exaggerated
Plenty of countries are in a dealmaking rush
Published on 13 June 2024 | 9:35 am
Does motherhood hurt women’s pay?
Two new studies suggest not—at least in the long run, and in Scandinavia
Published on 13 June 2024 | 9:33 am