Charting the Global Economy: US GDP Falls on Larger Trade Hit – Bloomberg
The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger downshift in household spending growth...
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American Consumers Are Still Gloomy on the Economy – WSJ
American households still felt gloomy about the economy in May, a month when changing tariff policies made it difficult to forecast prices.The final May reading...
Shareholders face a big new problem: currency risk – The Economist
Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors look if you ask them about...
The Fed Forecasts Stagflation – WSJ
Federal Reserve officials signaled concern at their meeting earlier this month that large tariff hikes would push up prices and could risk stoking higher inflation....
China’s Startups Race to Dominate the Coming AI Robot Boom – Bloomberg
A few weeks ago, a Chinese startup called EngineAI gave an unusual demonstration of how today’s robots learn. A female instructor with long blonde hair...
Week Ahead for FX, Bonds: U.S. Jobs Data, Likely ECB Rate Cut in Focus – WSJ
U.S. jobs data for May will be the focus of the week ahead as investors look to see the extent to which tariffs are affecting...
Why UK Inflation Is So High and Tough to Bring Down – Bloomberg
While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the highest price growth among big...
U.S. Durable Goods Orders Tumble on Lower Aircraft Demand – WSJ
Demand for durable goods sank in April, the month that President Trump announced his sweeping “Liberation Day” tariffs, dragged by lower aircraft orders. Total orders...
So what happens to America’s 114 billion pennies once the US stops making them? – CNN
The American penny isn’t going anywhere anytime soon.The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin...
French Inflation Declines, Opening Door to ECB Rate Cut – WSJ
French inflation cooled more than expected this month, opening the door to an expected European Central Bank interest-rate cut next week.Consumer prices were 0.6% higher...