Business
America is experiencing a productivity miracle
The US is experiencing a productivity surge, yet artificial intelligence has not significantly contributed to this trend so far.
The myth of the petrodollar
The petrodollar system is a myth; US monetary dominance stems from broader global trust in the dollar, not just oil trade agreements.
DeepSeek and Alibaba rescue China’s office landlords
DeepSeek and Alibaba are driving a resurgence in select Chinese commercial real estate markets, bolstering the sector through their significant leasing demand.
UniCredit’s lowball bid for Commerzbank causes consternation
UniCredit’s lowball bid for Commerzbank has sparked outrage and consternation among stakeholders, highlighting a heated conflict over the major German bank's acquisition.
Donald Trump’s foreign policy gets a muscular finance arm
The Development Finance Corporation’s loan portfolio may soon rival the World Bank’s, providing a powerful financial wing for Trump’s foreign policy.
Can Bill Ackman save the closed-end fund?
Bill Ackman aims to build a modern Berkshire Hathaway, seeking to revitalize the closed-end fund structure.
The EU wants to unshackle its economy. For real this time
The EU is determined to genuinely liberate its economy by cultivating a real aversion to bureaucratic hurdles, signaling a serious shift in policy.
Bad government statistics can cost the economy billions
Flawed official statistics can cost the economy billions. A new analysis quantifies the economic value of accurate data.
The threat to summer holidays looming from jet fuel shortages
Jet fuel shortages and soaring costs, driven by Middle East conflicts, threaten to disrupt summer travel. Airlines are raising prices and cutting capacity, risking widespread cancellations during peak season.
Can countries grow richer by exporting people, not goods?
Whether exporting people enriches nations depends on their final destinations. Remittances from abroad can boost wealth, but the impact varies based on where migrants settle and work.
India’s weak currency reflects deeper problems than the Iran war
India’s currency slump highlights chronic struggles to attract foreign capital, pointing to structural issues beyond the Iran conflict.
How Kalshi can help the Federal Reserve
Kalshi’s prediction markets offer the Federal Reserve real-time economic insights, potentially enhancing monetary policy decisions and central banking efficiency.
A global fight over banking rules is just getting started
Global banking rule negotiations are escalating, threatening international financial cooperation. This emerging conflict signals that the battle over regulatory standards is far from over.
San Francisco, AI capital of the world, is an economic laggard
Despite being hailed as the AI capital, San Francisco is economically lagging. The true global hub for artificial intelligence remains elusive.
Will Kevin Warsh Trumpify the Federal Reserve?
Incoming Fed Chair Kevin Warsh seeks systemic change, but a complete overhaul of the current framework remains improbable.
Wanted: a new finance writer
The Economist seeks a new finance writer to join its team. This opportunity invites a contributor to provide finance coverage for the publication.
Has the World Bank performed a U-turn on industrial policy?
The World Bank’s recent report suggests a shift toward supporting state-led industrial policy, challenging its traditional free-market stance. Advocates for government intervention should scrutinize this nuanced reversal carefully.
Renewables are shining. The Iran war amplifies their appeal
Two new reports highlight how the Iran conflict intensifies energy scarcity, making renewables more appealing for governments seeking stability.
Xi Jinping wants a powerful currency. America’s war has helped
Xi Jinping aims for a powerful currency, a goal accelerated by America’s conflict. More nations are increasingly turning to China’s payment systems.
Chinamaxxing is starting to catch on, in China
Chinamaxxing is gaining traction in China, significantly boosting the tourism sector.