The Economist, founded as a weekly print broadsheet newspaper in 1843 and now published daily in perfect-bound magazine format, is known for its rigorous application of free-trade principles to the most pressing political and economic questions of our time. Its editorial offices are in London with additional offices around the world. It is read by leading politicians, policymakers and business people. Its columns cover the broadest range of topics including international politics, geopolitics, business, the economy and culture. It also features the work of authors and contributors from outside the staff.
The US-Canadian trade war is back in the headlines after President Trump threatened a 35% tariff on Canadian goods that don’t qualify for the tariff exemption due to the US-Canada Free Trade Agreement. US equity prices responded, but many investors remain convinced that the threat is just the opening move in a negotiation and that the administration will ultimately settle for relatively low tariff rates.
A weaker dollar is taking a bite out of travel budgets even as airfares are down, but economic uncertainty is the bigger concern for global travelers. We’re tracking price growth for essentials like groceries, health care and pet services, as well as how hard it is to get a home in your area. This month, we’ve added a new metric that gauges the cost of owning a home based on the local supply of mortgages and interest rates. It’s the first time that we’ve tracked these indicators together.
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