Indeed, the share of consumer spending devoted to services has at last caught up with its pre-pandemic trend (see chart 1).

America’s lead here is narrower: it is ahead in chip design but East Asia remains the industrial centre of gravity. China, ...

And Mr Trump’s threat to end the government’s business dealings with Mr Musk could damage SpaceX, his rocketry firm, which ...

Another is that tariffs on “intermediate” goods, such as raw materials used to make other things, affect consumer prices ...

Rio de Janeiro’s favela of Rocinha sees makeshift dwellings spiral down the mountain, all but crashing into the turquoise ...

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President Donald Trump’s tariffs have been highly disruptive, but at least America’s economy does not depend heavily on trade ...

We are looking for a talented, enterprising and adaptable person to join the Digital department of The Economist for a ...