...they fail to consider how consumers and sellers of the goods will react to higher prices.

The world’s second-largest economy sometimes suffers from its own success: it’s hard to comprehend how big it really is...

The world is getting older, and global growth is shrinking fast. What happens next will define the global economy for the next hundred years.

Americans are not stupid. ..

Boeing is offering limited support, including career transition services, subsidized healthcare benefits for up to three months, and severance packages...

....you’re probably asking when the misery will end.

Last year, the United States imported around $3.1 trillion worth of goods, with Mexico, China and Canada accounting for more than 40 percent of that total...

Both leaders expressed commitment to responsibly manage the China-U.S. relationship during the critical transition period, the White House said.

Hochul announced the new initiative, this time with a $9 charge for most motorists driving into Manhattan’s central business district. However the plan is doomed thanks to stern opposition from Trump.

...the Empire State Fed manufacturing survey in November jumped by the second most in its 23 year history...

Marxist socialism, on the other hand, denies the validity of economic theories on grounds of the “class origins” of the economists...

There is no incompatibility between political success and economic rationality. In this case, the incoming Trump administration is very fortunate: they go together...

So PPI hot, and jobless claims at a fresh six month low - not the kind of data that The Fed doves want to see to justify another rate-cut

Good luck to the Department of Government Efficiency.

As pandemic-related federal aid dries up, many school districts are facing a fiscal cliff and job cuts.

In short, less demand, tighter supply.

...if the US falls into recession, it will be from years of government excess...

The U.S. dollar (USD) is involved in 88% of all trades and makes up 58% of global currency reserves...

"We won & now have a once-in-a-century opportunity..." 

Foreign investment into China has slumped in the past three years after hitting a record in 2021, a casualty of geopolitical tensions, pessimism about the world’s second-largest economy and competition from Chinese firms.