Some good news for the US economy. The Federal deficit shrank for the fourth month in a row. Employment is picking up. The economy is booming. The Fox News team is comfortably convinced that when the

Figures for the level and rate of growth of gross domestic product (GDP) are quoted ubiquitously, including in this magazine. They are widely agreed to tell us something of importance. But there is a

One of the least financially literate people I have ever met was a friend who as a teenager accumulated an unarranged overdraft of £50 on her newly opened bank account. Having been told she must recti

Here’s a “market paradox”, says Craig Mellow in Barron’s. The more the US government “trash talks Europe, the better it is for the euro”. The single currency has gained 13% against the greenback since

Snap election called: Danish prime minister Mette Frederiksen (pictured) has announced a snap election for 24 March, saying the next four years are “decisive” for her country, says Paulin Kola on BBC

paulkrugman.substack.com America’s oligarchs have orchestrated an “unprecedented power grab”, says Paul Krugman. Ever since the Supreme Court’s “Citizens United” ruling, which removed all restrictions