Why American credit-card delinquencies have suddenly shot up
WHEN IT COMES to the finances of American consumers, the viral videos produced by Caleb Hammer, a personal-finance social-med...
China’s leaders look to have blinked in their property face-off
If you are going to buy a flat in China, common advice goes, you should buy it from a “model student”. That is, a developer w...
Donald Trump’s reciprocal tariffs are absurd
“He started it,” is playground justice. It may soon be America’s trade policy. On February 13th Donald Trump announced he had...
To spend big, Germany’s next government may need EU help
When, in october 2017, Wolfgang Schäuble left the Detlev Rohwedder Building for the final time after his stint as German fina...
Investors fear inflation is coming back. They may be right
After peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks b...
American inflation looks increasingly worrying
Jerome Powell’s press conferences—sometimes market-moving events—have attracted less notice of late. With Donald Trump in the...
Will Europe return to Putin’s gas?
The first proper winter in three years had already reignited energy debates. With temperatures frigid, winds weak and Asian c...
Cheap solar power is sending electrical grids into a death spiral
In 1812 Frederick Winsor, a madcap entrepreneur, invented the public utility. The idea behind his Gas Light and Coke company,...
Russian inflation is too high. Does that matter?
While inflation has cooled almost everywhere, in Russia it is hotting up. Consumer prices rose by 9.5% year on year in Decemb...
Why you should repay your mortgage early
The holiday from reality, for the happy few enjoying it, has been delightful. Three years ago it was still possible to fix a ...