From Epstein to Obama, Trump’s Washington Is Consumed by Competing Conspiracies
President Trump is trying to divert attention from the Epstein conspiracy theory with new-and-improved one about Barack Obama and treason.
‘The Interview’: Robert Reich Thinks the Baby Boomers Blew It
The former U.S. Labor Secretary on how complacency and corporate ties created a “bully in chief.”
Thais and Cambodians slug it out on social media, as border tensions flare
A war of words is raging on social media, a years-long battleground for Thais and Cambodians.
Scary Picture?
Some macro series. One observation does not make a trend – but still… Figure 1: Monthly GDP (black), private nonfarm payroll employment-ADP (blue), civilian employment w/smoothed population controls (light blue), aggregate hours (light green), consumption (tan), personal income ex-transfers (pink), real retail sales (purple), all in logs 2025M01=0. Real retail sales is 3 month centered moving average of retail sales, divided by chained CPI. Source: S&P Global, ADP-Stanford, BLS, BEA, Census, and author’s calculations. Note that NBER’s Business Cycle Dating Committee places primary emphasis on employment and income. Series that continue to rise include the Philadelphia Fed’s coincident index. For a more complete tabulation of series, see this post.
How long can the US economy defy expectations?
Despite the tariff shock, inflation is modest, stocks are up, and unemployment is low. Some experts insist it is too soon to tell
The bond market maths does not add up for governments
Higher yields look probable, forcing countries to pay more to fund their ever-growing deficits
China proposes global body to govern artificial intelligence
Premier Li Qiang warns ‘bottlenecks’ in chip supplies are hindering innovation
The Traitors Prom, and WWE Unreal: What’s coming up this week?
Music on a theme of betrayal at the Royal Albert Hall, the reality show that could become your new obsession, and Comic Con hits Manchester.
‘I’m utterly lost’: Patients’ anger over doctors strike cancellations
Patients tell the BBC they have sympathy for resident doctors, but are worried about delays to surgeries.
Security tightens as Donald Trump plays golf during Scotland visit
The US President is in Scotland for a four-day private visit, which includes the opening of a second golf course at his Aberdeenshire resort.