Analysis: Must Read

Washington considers expanding its tariffs on technology products

Donald Trump's administration is reportedly weighing a new round of tariffs targeting semiconductors and a broader range of technology products. According to Politico, the measures could cover...

Kevin Warsh's Big Moment

The Fed chair will have to spell out where he stands at Jackson Hole.

Growth, AI, stocks: fund managers' consensus is getting uncomfortably crowded

Cash at its lowest, equity exposure at its highest since 2021, and strong confidence in growth and AI: Bank of America's survey shows investors still heavily committed to a favorable economic...

Canada hits back at US with tariffs on $20 billion

Canada will impose new levies on more than 700 American products starting September 8, in response to the 50% tariffs imposed by Washington. The move follows the collapse of trade talks between the...

Is Britain escaping its productivity trap?

Britain's economy has spent most of the past 15 years producing remarkably little extra output for each hour worked. New research from the Resolution Foundation suggests that this may finally be...

Fed and Treasury: Credibility Is Starting to Crack

Between the public deficit, the AI boom and a cautious Fed, the US policy mix is becoming increasingly hard to justify.

Sanctions on Iran could derail the truce with China

If Washington wants to further intensify economic pressure on Iran, the new sanctions will have to target the Islamic Republic's main partners.

MarketScreener's odds and ends: AI, IPOs and… Crime rates

Between stock market promises that often disappoint, financial frenzy around AI and a European safe haven, a look at what's really worth funding ....

China: Beijing Prepares New Measures to Stem the Economic Slowdown

China is preparing new fiscal measures to support businesses and households, as weakening domestic demand pulls the economy further from Beijing's annual target.

Is Britain Winning Its Brexit Bet?

Ten years after the referendum, could Brexiters have been right all along about leaving the EU? Business activity accelerated in August, while France contracted and Germany managed only modest growth....

The Panama Canal cuts transits as El Niño threat looms

The Panama Canal will limit the number of ships allowed to cross starting in September, reversing what it was still projecting in the spring. Weak rainfall and the prospect of a prolonged El Nino...

Rates are surging, but nobody wants to administer the real cure

Sovereign yields have jumped sharply lately, dragging mortgage rates higher with them. The yield on the 30-year US bond has just hit its highest level since 2007 at 5.30%, France's has returned to a...

Seoul Tests Arctic Route to Bypass the Suez Canal

On Saturday a South Korean container ship is set to depart for Europe via the Northern Sea Route, which has been made more accessible by melting ice. Seoul hopes to cut transit times, although the...

US debt tops $40tn for the first time

Total US debt has crossed a historic threshold, further fueling concerns about the sustainability of federal finances. Rising social spending, mounting interest costs and insufficient revenue are...

Fed: A rate hike was gaining traction in July, before the chill from the jobs report

The Federal Reserve's latest Minutes show that the policy debate had noticeably hardened at the late-July meeting. While the FOMC held its benchmark rate in a 3.50% to 3.75% range, three members ...

The US Treasury Fuels the Debasement Trade in Turn, Gold and Bitcoin Jump

The US Treasury's bold decision to double its buybacks of long-maturity bonds - from $2bn to $4bn per operation - signals a strategic pivot amid mounting fiscal pressures and soaring funding costs....

Should we be worried about the US economy?

August data has been rather disappointing.

IMF says Europe is giving up 3% of GDP for lack of an integrated financial market

Better integration of banking and venture capital could lift EU GDP by about 3% over the long term, according to the International Monetary Fund. Two thirds of the gain would come from removing...

Nvidia chips join oil in the futures markets

On October 5, CME Group, the world's largest derivatives marketplace, will begin listing the rental price of the graphics processors that power artificial intelligence. What oil or wheat have long...