The outlook for trade in 2026 will hinge on how the rest of the world responds to America’s tariff wall and China’s ...

The benchmark 10-year U.S. Treasury yield was down 3 bps at 4.0791% early in Asia, after trading was closed in the U.S. on ...

ILO defines informal jobs as unregistered or unprotected work in any sector Informal work limits protections, distorts markets, and hampers economic planning ILO urges expanding wage coverage to boost ...

The impulse to trade may be as old as time, but it’s finding a way back into society in a time of economic uncertainty.

This short note shows that accounting for capital adjustment is critical when analyzing the long-run effects of trade wars on real wages and consumption. The reason is that trade wars increase the ...

We study the positive (not normative) effect of a permanent import tariff on trade deficits. We consider a two-period trade model with general preferences and technology. We first develop an ...

The securities industry implemented a long-overdue modernization on November 3rd with adjusted round lot definitions. This ...

The World Cup and a review of the USMCA trade deal mean 2026 will be a pivotal year for North America. Donald Trump’s ...

Most skeptical of the tariffs: Unsurprisingly, Justices Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson appeared most ...