The omnistar is born – Those complaining the loudest about the new technology stand to benefit the most
Superpower politics – America must understand China’s weaknesses as well as its strengths
Constitutional chicanery – Italians should reject their prime minister’s demagogic proposal
The world economy is defying gravity. That cannot last. Threats abound, including higher-for-longer interest rates
Even as wars rage and the geopolitical climate darkens, the world economy has been an irrepressible source of cheer. Only a year ago everyone agreed that high interest rates would soon bring about a recession. Now even the optimists have been confounded. America’s economy roared in the third quarter, growing at a stunning annualised pace of 4.9%. Around the world, inflation is falling, unemployment has mostly stayed low and the big central banks may have stopped their monetary tightening. China, stricken by a property crisis, looks likely to benefit from a modest stimulus. Unfortunately, however, this good cheer cannot last. The foundations for today’s growth look unstable. Peer ahead, and threats abound.
Israel’s bombardment of Gaza is taking a terrible toll. But unless Hamas’s power is broken, peace will remain out of reach
Trade wars: episode II
You may think his worst ideas won’t get far. Sadly, on trade he has been singularly influential
Inside Barron’s November 7, 2022 Issue:
Love him or hate him, the Tesla CEO is about to show whether Twitter can take flight under his ownership. More than his billions are at stake.
A selection of three essential articles read aloud from the latest issue of The Economist. This week, China’s next chapter, why emerging markets look unusually resilient (10:05) and why it is time to legalise cocaine (15:40).
The Communist Party’s five-yearly congress will further tighten one man’s grip
The investment landscape is shifting. Here’s how to build a plan for long-term success—along with some stocks, bonds, and funds that can help you reach your goals.
The Federal Reserve raised interest rates by three-quarters of a percentage point yesterday–its fourth hike this year, as inflation remains stubbornly high.
Jerome Powell, the Fed chair, also warned that the path to cooling the economy without tipping into recession has “narrowed”. The results of an experiment fundamental to the last decade of Alzheimer’s research may have been fabricated. And the region where the gender divide in obesity rates is the highest.
Last night, in a televised hearing, the committee investigating the events of January 6th 2021 charged Donald Trump with “dereliction of duty” for failing to stop his supporters’ attack.
The evidence was strong; whether it will change anything remains unclear. We examine the thinking behind the European Central Bank’s surprise half-point rise in interest rates. And the money motivations of Bangladesh’s loosening booze laws.
Prices in America are rising faster than at any time in the past 40 years. In response, the Federal Reserve has made its steepest interest-rate hike in 20 years.
Will it be enough to tame inflation while not tipping America into recession? Shanghai’s residents are growing restive after a long lockdown. And Nelson Mandela’s name and legacy are being used to sell a growing range of consumer goods.
Boomers Daily 