Why there are still more Trump tariffs expected — even after this past week’s rollouts
The Trump administration’s trade fights are far from over, even after its big move on Thursday evening to maintain its elevated tariffs for 60 economies.
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Economic Models of Identity Formation and Cultural Transmission
This paper is prepared for the Handbook of the Economics of Identity; we thank the editors, George A. Akerlof and Rachel E. Kranton, for great support and comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Japan trade data shows exports in June higher than expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
Australian government report warns women and graduates most at risk of losing jobs to AI
Photo: This Is Engineering / Pexels Occupations typically held by women and university graduates, including roles in telemarketing, advertising and accountancy, are among those most at risk of being replaced by artificial intelligence (AI), the Australian government warned in a national report published on 30 June. The report, titled ‘AI and employment in Australia’, was…
PRA publishes plans to support resilience in the life insurance industry
News release Under plans in a consultation published today, funded reinsurance – which involves UK life insurers paying a large up-front premium to a reinsurer in return for future payments – would be treated more like other investments that UK life insurers hold, ending a regulatory inconsistency. As a result, UK life insurers using funded…
2 Tax Rules New Retirees Need to Know
Throughout your working life, you’ll pay taxes on your income — and chances are good your employer will take care of helping you fulfill many of your obligations to the IRS. When you retire, your tax liability doesn’t disappear. But you’ll have to take control of learning the rules and follow them carefully to avoid…
Boeing CEO: need ‘couple more years’ to repair finances before new jet
Boeing CEO Kelly Ortberg told CNBC Monday that the planemaker will need “a couple more years” to repair its finances before launching a new commercial jet, signaling that the company is focused more on stabilizing its existing business rather than rushing to develop a successor to its best-selling 737 MAX. Boeing must clear three hurdles…
