Comments show former president would put increased US trade protectionism at the centre of a second-term agenda
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome
Neither Congress nor the courts would be likely to stop him raising tariffs across the board
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve
Havana’s economic collapse is hampering relations with Beijing
Potential Treasury secretary also insists former president’s threats of large tariffs are bargaining positions
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
JPMorgan and Wells Fargo beat forecasts as consumers prove more resilient than feared
And valuing the weight-loss drug manufacturers
Figures for headline and core rates marginally surpass expectations
Also in today’s newsletter, a look at Google’s future after election day and voters feel inflation pain in Michigan
Why is the Golden State shedding companies?
One-off supply-demand mismatches during the Covid shock don’t justify widespread government intervention
Measure aims to attract voters based overseas ahead of knife-edge election
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs
High costs are a threat to Kamala Harris’s hopes of winning Michigan, a crucial election battleground
Bond traders brace for inflation data on Thursday after jobs figures smashed expectations
The swings between Democratic and Republican presidents weren’t so wild in America’s heyday
Plus bad food stocks, and more on the jobs report
Many proposals coming from both political parties make little sense and would upend the principles of a fair and efficient system
His new suggestions would have a far bigger impact than the relatively modest ‘starter protectionism’ of his first term
What lies behind the remarkable post-pandemic US consumption recovery?
And the sukuk market
The New York Federal Reserve president on the battle to tame inflation