Featured Stories
Blue States Eye Wealthy Taxpayers for Revenue: The 'Taylor Swift Tax' and Beyond
Across the country, from the verdant Pacific Northwest in Washington state to the historic shores of Rhode Island, a distinct trend is taking shape in politically blue-leaning jurisdictions: a concert...
Bessent Says BOJ Is Falling Behind the Curve, Expects Rate Hike
It's not every day you hear a top U.S. official directly admonishing the monetary policy decisions of a foreign central bank, but that's exactly what happened recently. U.S. Treasury Secretary Scott B...
Argentina's Inflation Jumps: Policy Stumble and Peso Woes Fuel Price Acceleration
Argentina's ongoing battle with inflation just hit another snag, as monthly price increases picked up steam last month. It seems the government's efforts to stabilize the economy are facing a tough re...
Fed’s Bostic Confirms Singular Rate Cut Expectation for 2025
When it comes to the path of interest rates, Federal Reserve Bank of Atlanta President Raphael Bostic continues to hold a rather measured view, projecting just one interest-rate cut as appropriate for...
Fed’s Goolsbee Signals Upcoming Policy Meetings Will Be ‘Live’
Chicago Fed President Austan Goolsbee, a prominent voice within the Federal Reserve, made it clear recently: the central bank’s policy meetings this fall won’t be mere formalities. According to Goolsb...
Bank of Canada Officials Divided on Rate Cut Outlook, Minutes Say
The latest insights from the Bank of Canada's internal deliberations paint a picture of a central bank grappling with conflicting views on the path forward for interest rates. Newly released minutes r...
Russia Sidesteps Recession for Now, Even as Momentum Fades
Russia’s economy has, against many expectations, returned to growth last quarter, managing to dodge a technical recession despite the immense pressure exerted by ultra-high interest rates. It’s a deve...
Swiss Face Higher Fighter-Jet Cost as US Squeezes Government
Switzerland is staring down the barrel of a significantly higher bill for its next generation of fighter jets, a development that's sending ripples through Bern and beyond. The nation faces additional...
From China to India: How U.S. Tariffs Imperil Supply Chain Diversification
For years, the mantra among global manufacturers was simple: China. Its unparalleled efficiency, vast labor pool, and established infrastructure made it the undisputed factory of the world. But then c...
Brazil Retail Sales Slip Again, Signaling Economy Is Cooling Off
Brazil's retail sector just delivered a stark reminder that Latin America’s biggest economy is indeed cooling off, perhaps more rapidly than many anticipated. Figures released for June show an unexpec...
Opinion & Analysis
Bessent Says Fed Rates Should Likely Be 150, 175 Basis Points Lower
US Treasury Secretary Scott Bessent didn't mince words. In what stands as his most explicit intervention yet into monetary policy, Bessent made a direct suggestion to the Federal Reserve: its benchmar...
Americans Are Getting Priced Out of Homeownership at Record Rates
It’s becoming increasingly clear that the American dream of homeownership, once a foundational pillar of middle-class prosperity, is rapidly slipping out of reach for a significant portion of the popu...
Beijing's Stimulus Challenge: China's New Yuan Loans See Unexpected July Plunge
The latest financial data out of Beijing has sent a ripple of concern through global markets, revealing a stark reality for the world's second-largest economy. New yuan loans in July plunged unexpecte...
China Came Ready for This Trade Fight, and the US Has a Lot to Learn
For decades, the prevailing wisdom in global economics held that the U.S.'s unparalleled dynamism – its entrepreneurial spirit, its flexible labor markets, and its commitment to free trade – would con...
Zambia's Monetary Policy Committee Holds Firm: Key Rate Unchanged in Inflation Crusade
Lusaka, Zambia – In a move that clearly signals its unwavering commitment to price stability, Zambia's central bank, the Bank of Zambia (BoZ), has opted to hold its benchmark interest rate steady for ...
Swiss National Bank Unveils Dozen New Franc Note Designs, Seeks Public Input
The Swiss National Bank (SNB) has once again put the public squarely at the center of a crucial national decision, unveiling 12 possible designs for its next generation of franc banknotes and inviting...