Extend TCJA Tax Cuts?
Key provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 are expected to expire Dec. 31, 2025. Policymakers are projected to preserve a majority of the TCJA provisions,…
Recycling Rare Earths
You’ve probably heard about rare earth elements, or rare earths, that group of 17 elements that appear in so many of the products that are central to our daily lives.…
How Economic Pressures Shape Consumer Choices
Economic challenges like tariffs and inflation push households to rethink their spending and saving habits. For example, in anticipation of tariff-induced price hikes, 72% of consumers are already adjusting their…
Corporate Profits Are High, While Wages Are Near Lows
Deutsche Bank strategist Jim Reid notes in a recent report that U.S. corporate profits, the budget and trade deficits are near historic or, in the case of profits and asset…
Investments and Tariffs
For decades, the U.S. financial system has been regarded as one of the most stable and powerful in the world. Now, there are fears that something unprecedented may be happening…
Winning at Trade?
How do we know if the United States is “winning” at international trade? Most non-economists would probably answer, “The trade deficit!” This mercantilism reasoning suggests that if a country sells…
Hard Times at Harvard
Choosing how government monies are spent has always been a focus of the White House, with some presidents favoring spending more on certain social programs, while others trimming back to…
Target Resets Inventory
Target CEO Brian Cornell, warned that the retailer was sharply revising down its guidance on profits and sales and said it would be canceling orders as consumers reined in their…
The Increasing Importance of South-to-South Trade
The world economy is on a recessionary trajectory as global growth is projected to slow to 2.3% in 2025, the UN Trade and Development (UNCTAD) alerts in its new report…
A Rare Situation in the Global Demand For Resources
In a world of highly integrated global supply chains, Donald Trump’s tariff policy has upended business as usual for just about everyone. While most companies say that the tariff policy…