The Economist is a weekly news magazine founded in 1843 to “take part in a severe contest between intelligence and ignorance.” It has continued with this mission, promoting the principles of free trade in all its articles. It covers a wide range of topics including changes in fiscal regulations, the state and prospects of markets, imports and exports, manufacturing districts, notices of important new mechanical improvements, shipping news, the money market and progress of railways and public companies.
Amid the heightened tension between Mexico and the United States, Mexican officials are trying to boost border security as they prepare for possible economic consequences of the conflict. They’re also looking to bring more jobs and investment into the country.
Argentina posted its strongest second-quarter growth in 2 decades, but monthly inflation remains a problem and the economy is vulnerable to shocks. Its foreign investors have begun to pull out of the country, and many are worried about the economy’s future.
President Trump’s 90-day pause on tariffs could end early this month, and prices are already rising as the looming levies take effect. Atlanta Federal Reserve President Raphael Bostic warned that effects of the tariffs could cause prolonged inflation rather than just a one-time price spike.
The weaker dollar is taking a bite out of some vacation travel, and a lack of home affordability is making it harder for some people to buy a place to live. We’re tracking these trends and other indicators of the state of the global economy.