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Tariffs come for your morning cup of Joe
Americans drink some 450 million cups of coffee each day. Coffee beans from Brazil face a 50% U.S. import duty. And while President Donald Trump's tariffs aim to reshore American production and manuf…
Published on 6 hours ago
"The president has just made us a higher-risk country"
That's the conclusion of Karen Petrou at Federal Financial Analytics after President Donald Trump moved to fire Federal Reserve Governor Lisa Cook last evening. That follows unproven allegations of m…
Published on 9 hours ago
Postal services around the world hit pause on shipments to the U.S.
From the BBC World Service: Japan and Australia are among the latest countries suspending some postal deliveries to the United States. And it's all down to confusion over tariffs. President Donald Tr…
Published on 10 hours ago
A bit of a Jackson Hole hangover
After celebratory markets late last week following indications that the Federal Reserve will lower interest rates at its September meeting, this week is starting with a bit of a headache. Markets are…
Published on 1 day, 6 hours ago
A beverage behemoth
Keurig Dr Pepper plans to acquire the coffee and tea company JDE Peet's for about $18 billion. The idea is to shore up Keurig’s coffee business. But the brands coming under one umbrella would be Dr P…
Published on 1 day, 9 hours ago
Chinese property giant Evergrande delists
From the BBC World Service: Chinese property giant Evergrande's shares have been delisted from the Hong Kong Stock Exchange; it was once China's largest real estate firm but collapsed under a mountai…
Published on 1 day, 10 hours ago
A turnaround for manufacturing — can it last?
We learned yesterday that business activity in the U.S. picked up in August, led by a big advance in the manufacturing sector. Manufacturing had been in a slump, but recorded its strongest growth in …
Published on 4 days, 6 hours ago
What's in a framework?
The fashion world has the Met Gala. The movies have the Oscars. Central banking has an annual gathering in Jackson Hole, Wyoming. Fed Chair Jerome Powell will deliver a speech, where economists will …
Published on 4 days, 9 hours ago
Trump tones down tariffs on European imports
From the BBC World Service: A trade agreement between the United States and the European Union means that U.S. tariffs on imported European goods will be significantly lower than previously thought. …
Published on 4 days, 10 hours ago
Trump continues attacks on Fed leadership
President Donald Trump recently demanded that Federal Reserve Governor Lisa Cook resign after she was accused of mortgage fraud. In a statement, Cook said she has no intention of being "bullied to st…
Published on 5 days, 6 hours ago