In this week’s podcast George Will, a Pulitzer prize-winning journalist and Adrian Wooldridge debate the future of conservatismPULITZER PRIZE-WINNING journalist and author, George Will, and Adrian Wooldridge, The Economist’s political editor, debate whether the conservatism movement is reorienting into one that chooses populism over prudence and they dissect the challenges that conservatism faces around the…
The trauma of levee failures loomed large as residents scrambled to stock food, fill sandbags and pump their cars with gas. ImageNew Orleans residents prepared on Friday for the arrival of Tropical Storm Barry, which was expected to make landfall as a Category 1 hurricane.CreditCreditBryan Thomas for The New York TimesNEW ORLEANS — Water can…
Labor Secretary Alex Acosta on Friday announced he's resigning, just two days after a lengthy press conference in which he signaled he would not step down. Acosta was facing widespread calls to resign amid backlash over a secret plea deal he orchestrated for the financier Jeffrey Epstein roughly a decade ago. Epstein on Saturday night…
IN MEXICO’S LEFTIST populist government, Carlos Urzúa, the social-democratic finance minister, was a reassuring figure. The president, Andrés Manuel López Obrador, has unorthodox ideas about how to develop Mexico. Mr Urzúa (pictured, right) would help make sure, investors hoped, that he pursued them without wrecking the economy. But on July 9th, after seven months in…
Amid worsening trade tensions, an American businessman was barred for days from leaving, in an apparent message to President Trump. Others worry they may be next.ImageBusiness executives, other frequent visitors to China and Washington officials have expressed increasing alarm over instances in which the Chinese authorities have detained or harassed Americans.CreditCreditLam Yik Fei for The…
US President Donald Trump has ordered an investigation into French plans to tax tech firms hundreds of millions of dollars. Trump is worried that France's new digital-services tax, which would place a 3% levy on the French revenue of firms like Amazon, unfairly targets US companies. The US could retaliate against the tax, which might…
FOR THE past twenty years or so, social scientists have affirmed what parents think when they are at their most exasperated and dyspeptic: children make you miserable. In 2004 Daniel Kahneman of Princeton University and others discovered that parents thought that looking after their children was about as enjoyable as doing the housework. Two meta-studies…
WASHINGTON — The Federal Reserve’s meeting this month was never going to be an easy one given that officials remain split over when — or whether — to cut interest rates. The last few weeks could set the Fed up for an even more difficult call.President Trump has put the Fed under a microscope, jawboning…
The number of commercial jets delivered by Boeing plummeted in the first half of 2019, another sign of the company's nightmare year.It delivered 239 planes in the first six months of the year, 150 fewer than its European rival Airbus' 389 planes.Boeing could lose its status as the world's largest planemaker if the trend continues.Boeing…
Our weekly podcast on the markets, the economy and the world of businessAMERICA’S ECONOMY has been expanding for 121 months in a row—unemployment is low and the stock market has soared. But how long can this last? History suggests a painful recession might be around the corner. Nobel prizewinner and economics professor Joseph Stiglitz tells…
