Judge blocks Trump’s birthright order after Supreme Court ruling
The White House vowed to fight the judge’s ruling, which once again paused a priority for Trump.
Asia is reeling from Trump’s tariff salvo – is anyone winning?
The US president has reset the tariffs clock again, leaving Asia’s export-driven economies in limbo.
June Alternative Indicators Down from Peak
Civilian employment adjusted to NFP concept, manufacturing production, real retail sales, ADP’s private NFP, and BTS freight services index. The sole exception is the Philadelphia Fed coincident index, based on labor indicators. Figure 1: Implied Nonfarm Payroll early benchmark (NFP) (bold blue), civilian employment adjusted smoothed population controls adjusted to NFP concept (orange), manufacturing production (red), private NFP (ADP) (light green), real retail sales (black), vehicle miles traveled (brown), and coincident index in Ch.2017$ (pink), GDO (teal bars), all log normalized to 2021M11=0. Source: Philadelphia Fed [1], Philadelphia Fed [2], Census, ADP, Federal Reserve, BTS via FRED, BLS, BEA 2025Q1 third release, and author’s calculations. Note that every NBER BCDC indicator for May is down — including SPGMI’s monthly GDP, as shown in this post.
Trump threatens new tariffs on Canada
US president warns of imminent EU trade announcement and higher global rates for other nations
The Papers: ‘One in, one doubt’ and ‘sick note’ crackdown
Reaction to the UK-France agreement tackling migrant Channel crossings dominates the front pages.
Is there a secret formula for election-winning slogans?
Political strategist Chris Bruni-Lowe claims in a new book that eight words hold the key to electoral success.
Trainspotting’s Irvine Welsh: We’ve become ‘dumbed down machines’
Author Irvine Welsh has written a sequel called Men in Love, because the world is “so full of hate”.
How climate change is affecting prized tea-growing regions in China and Taiwan
Changing weather patterns and higher temperatures are affecting some of the most prized tea-growing regions in China and Taiwan.
Brazil’s Lula warns of 50% tariffs on U.S. goods after Trump trade threat
Brazil’s President Lula is firing back at Trump’s 50% tariff threat — saying Brazil is ready to match any U.S. import taxes, dollar for dollar. (Image credit: Dado Galdieri)
Trump to survey floods as he flaunts ties to deep-red Texas
President Trump is flaunting his bond with deep-red Texas ahead of a Friday trip to the state, where he will assess deadly flooding that took the lives of more than 120 people. Gov. Greg Abbott (R) has heaped praise on the administration this week for the federal response to the disaster, even as the Trump…