Thomas Andre Fure/ShutterstockYou get a payment reminder through the letterbox, maybe for a credit card, an overdraft, a bill, or a parking fine. You ignore it and leave the envelope unopened, or put it to one side to deal with later. Many of us will recognise this scenario.
More than a decade of devastating conflict has left Syria’s economy in tatters, its infrastructure in ruins and its population deeply fragmented. The fledgling transitional government in Damascus, which came to power following a lightning rebel offensive in December 2024, often speaks of a “new Syria”.
The president has pitched his trade policies at workers who feel left behind by globalization. But that doesn’t mean trade barriers will revive factories and close income gaps.
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.
The beginning of August marks the latest deadline for US president Donald Trump’s “liberation day” tariff policy. This era of chaos and uncertainty began on April 2 and the situation remaims fluid. With the deadline for partners to secure a deal with Washington now passed, it’s a good time to take a broader view and consider if Trump’s trade gamble is paying off.
The trade deal between the US and the European Union, squeezed in days before the re-introduction of Donald Trump’s “liberation day” tariffs, is reflective of the new politics of global trade. Faced with the threat of 30% baseline tariffs from Washington, as well as additional levies on specific sectors, the EU has secured a partial reprieve of a flat 15% tariff on all goods.
Recently, Delta Air Lines announced it would expand its use of artificial intelligence to set airfare prices. This move sparked concern among flyers and politicians. But Delta isn’t the only business interested in using AI this way.
Only about 1 in 10 U.S. workers belong to unions today. champc/iStock via Getty Images PlusDespite the strength of the U.S.
