How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

IN THE U.S., HOME PRICES HAVE SHOT up about 45% since 2020, more than twice the typical rate of appreciation. In the U.K., household energy bills are 52% higher than their prepandemic level. And in co

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

President Trump is slumping in the polls, said ...

Saint Paul, Minnesota Walz bows out: Tim Walz, ...

ON THE CAMPAIGN TRAIL, PRESIDENT DONALD Trump made lofty claims about the benefits of raising tariffs. They will reshore American manufacturing jobs and encourage domestic spending, he promised. “Tari