Economy
The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.
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Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn The US Federal Rese…
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Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city
Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races Every day $1bn wort…
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How did Trump get so rich? – podcast
In the past couple of weeks, the Trump administration has reignited its trade war with Canada, threatened an ‘economic D-day’ agai…
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Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest compa…
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PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
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US Treasury shifts to short-term debt as $40tn national debt mounts
Treasury Secretary Scott Bessent is increasingly relying on bond buybacks and short-term borrowing to manage the US fiscal burden,…
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Canada announces 50% retaliatory tariffs on hundreds of US imports as trade war escalates – video
Announcement of tariffs on $20bn worth of US goods follows through on Mark Carney's vow to match US tariffs 'dollar for dollar' Co…
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US consumer confidence falls in August as gas prices remain above $4 per gallon
Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation Americans’ conf…
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Why Germany's Volkswagen could cut 100,000 jobs
Europe's biggest automaker, Volkswagen, faces Chinese competition, high costs and US tariffs. What could its restructuring mean fo…
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Iran War: Bessent’s “The Nigger Gets It” Iran Sanctions Strategy as His Ex-Boss Druckenmiller Trashes His New Treasury Scheme; Iran Hits US Escorted Tanker as Strait of Hormuz Transits Fall Further
Today's Iran war news: Even more Trump Administration flailing about in the form of Bessent's Operation Economic Outcast.
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Will tougher US sanctions disrupt Iran's shadow economy?
The US is expanding sanctions on Iran's financial networks, targeting crypto, gold, aviation and shipping. Analysts say the measur…
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Can new US sanctions cripple Iran's shadow economy?
The US is expanding sanctions on Iran's financial networks, targeting crypto, gold, aviation and shipping. DW spoke with analysts …
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US Treasury’s Scott Bessent ‘making mistake’ interfering with bond markets, former mentor warns
Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent…
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Trump Threatens Even Higher Tariffs on Canadian Exports After Talks Unravel
The president renewed his threats against Canada on Monday. The countries are quickly entering a full-blown trade war.
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Iran vows to retaliate against countries that cooperate with fresh US sanctions
Test of US rhetoric will rest on whether nations such as India, China and Russia view economic threats as credible Tehran has vowe…
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The treasury bond mess: is this the demise of the US as a safe haven?
The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working The bond market…
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Which Countries Could Be Hurt Most by Trump’s Plan to Hit Iran’s Economy?
President Trump has threatened economic penalties on countries that do business with Iran as he seeks to add pressure on Tehran to…
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Small and Stuck: Why European Firms Can’t Scale
European businesses make it less often into the really big leads than their US counterparts. It's not for want of trying.
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New Fed chair faces critical test at Jackson Hole as inflation fears mount
Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxiety The new US Fe…
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The lesson from Canada’s collapsed trade talks with the US: negotiation may be futile
Breakdown shows Washington now prioritises its own interests over any semblance of shared economic ground ‘No more!!!’: Trump lash…
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Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart
Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength “Look, there’s nothing magic ab…
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Trump Widens Beef Imports in Bid to Lower Prices
Cattle ranchers have trimmed their herds in response to drought and low margins, helping push up the cost of another American stap…
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Why is US bond market turmoil hitting governments worldwide? | Richard Partington
As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching Government …
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‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending
The enormous US debt under Trump will hobble the next Democratic administration – just as the GOP planned You could pin the US’s s…