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.
The Prudential Regulation Authority has unveiled a series of possible options to make it easier for mid-sized firms to scale-up and compete in the residential mortgage market, and is now opening a wide discussion with industry on how best to do so.
Odua Images/ShutterstockToo often, it’s anti-immigration sentiment dominating headlines in Australia. But a quieter story is going untold. Migrants are not just fitting into Australian society, they’re actively reshaping it through entrepreneurship.
Starting a business is difficult for anyone. But migrant entrepreneurs often do so without the networks, credit history, or local knowledge many Australian-born business owners take for granted.
Brett D Cove/Primark, CC BY-NDJuly is Disability Pride Month, a time to celebrate disabled people while continuing the push for equality, accessibility and visibility. Despite making up 16% of the global population, disabled people rarely appear in fashion marketing campaigns.
DimaBerlin/ShutterstockThe UK government recently expanded the warm home discount by removing restrictions that had previously excluded many people who can’t always afford to heat their homes.
Gene Hackman and his wife, Betsy Arakawa, pose for a photo in 1986 in Los Angeles. Donaldson Collection/Michael Ochs Archives via Getty ImagesGene Hackman was found dead inside his New Mexico home on Feb. 26, 2025, at the age of 95.
Jeppe Gustafsson/ShutterstockFor the past two years, Tesla has been embroiled in a bitter dispute with the Swedish labour union IF Metall. It is of a scale that the union hasn’t witnessed since the 1930s.
College enrolment typically rises during recessions. This paper demonstrates that housing wealth destruction dampened this countercyclical effect in areas most affected by the U.S. housing bust of 2008-2011. By combining household data with a mortgage credit register and housing price data, we reveal that negative shocks to housing wealth significantly reduced college enrolment among homeowners relative to renters during this period. Up to 2% of the local college-age population did not pursue college enrolment at the height of the bust due to housing wealth destruction.
