Global equities claw back bulk of losses from Monday’s sharp sell-off but mood remains cautious
Also in this newsletter: the economics of immigration, bank bonus caps, science round-up
Policymakers, regulators and investors need to be acutely aware of unintended consequences
World’s big sweet and candy makers pass on soaring cost of cocoa to consumers
Beijing says EU trade measures undermine global co-operation on climate
Also in today’s newsletter, Microsoft spreads its bets beyond OpenAI and Mexico’s central bank cuts rates
And why weakening the dollar is a bad idea
Democratic candidate cannot count on rebound ahead of the presidential election
This week’s Big Question asks readers: will the world’s largest economy still achieve a soft landing despite rising unemployment?
Move comes despite rise in inflation and concerns over country’s growth
The yen carry trade is a symptom not a cause of investor anxiety
Panic won’t prompt an emergency rate cut and a 50-point reduction in September isn’t nailed on either
Also in today’s newsletter, Venezuela president’s fear campaign and Taylor Swift cancels concerts owing to terror plot
Disney theme parks, Airbnb home rentals and Hilton hotels among those seeing weaker demand
The South American country had slapped tariffs on its largest trading partner in order to save the plant run by CAP
Also in this newsletter: Walz makes debut at Democratic rally, UK economy post-Covid, Nobel winner calls for calm in Bangladesh
America’s economy is slowing, not plunging. But, the Fed should cut rates at its next meeting
‘People would rather have Christmas goods already in the warehouse,’ says chief of container shipping group
Also in today’s newsletter, ‘Squad’ member Cori Bush ousted and Airbnb struggles with weak consumer demand
Policymakers are relying on strong trade to weather weak domestic economy
Washington seeks more action from Ankara in curbing trade pivotal to Moscow war machine
The country’s restrictions on technology and people from its rival risk stifling its ambitions to become a manufacturing superpower
World’s largest economy will still achieve soft landing despite rising unemployment, most analysts believe
Stock moves are not a reliable signal of looming economic downturn
The Democratic candidate is well advised not to campaign on the Biden administration’s economic record