Business

A survey finds support for both globalisation and import tariffs

IN JANUARY 2000, George W. Bush, then a presidential candidate, said: “If the terriers and bariffs are torn down, this economy will grow.” His eloquence did little for the cause of free trade. Tariffs...

The gap between India’s richer and poorer states is widening

COUNTRIES find it easier to get rich once their neighbours already are. East Asia’s growth pattern has for decades been likened to a skein of geese, from Japan at the vanguard to laggards such as Myan...

Is there a wage growth puzzle in America?

TODAY’S labour market report showed that the American economy created 156,000 net new jobs in August. That was a bit less than expected, but payrolls are still growing comfortably faster than the work...

Is there a wage growth puzzle in America?

TODAY’S labour market report showed that the American economy created 156,000 net new jobs in August. That was a bit less than expected, but payrolls are still growing comfortably faster than the work...

A scheme to let non-flyers through the security gates

In an era of strict security checks and other inconveniences for air travel, one American airport is making a sharp move in the opposite direction. On September 5th, Pittsburgh International will beco...

Market concentration can benefit consumers, but needs scrutiny

WHEN Amazon announced in June that it would buy Whole Foods, an upmarket grocer, for $13.7bn, other firms shuddered. The spread of Amazonian tentacles is worrying to those wary of concentrated corpora...

Analysts struggle to make accurate long-term market forecasts

WHAT is the right way to invest for the long term? Too many people rely on past performance, picking fund managers with a “hot” reputation or backing those asset classes that have recently done well. ...

The parable of St Paul

PAUL POLMAN runs Europe’s seventh-most valuable company, Unilever, worth $176bn, but he is not a typical big cheese. A Dutchman who once considered becoming a priest, he believes that selling shampoo ...

On NAFTA, Donald Trump’s most dangerous opponents are at home

EVER game for a fight, President Donald Trump is picking one again with Canada and Mexico, America’s partners in the North American Free-Trade Agreement (NAFTA). On August 27th he tweeted that both we...

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