European Union

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read

Photo by Getty Images via Unsplash

International Economics

Tariffs Deliver Record Drop in US Trade Deficit

Does the deficit crunch mean the US has won the first big battle of the trade war? Well, that’s a complicated question

2 min read
Photo by Fernando Jorge via Unsplash

Industries

Can US Tourism Bounce Back Amid Trade War?

2025 is projected to be an unusually terrible year for the US travel industry — and only the US travel industry.

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Photo by Oleg Ivanov via Unsplash

Economics

Consumer Confidence Rebounds as Tariff Tensions (Temporarily) Ease

You can’t bounce back without first getting low. And, in April, consumer confidence according to the Conference Board got real low.

2 min read

Big Tech

DOJ Pressures Google to Adopt ‘Sharing is Caring’ Data Ethos

Photo by Gov.pl via CC BY 3.0 PL

To Google, user search data is the all-important secret sauce that enables it to innovate and outperform rivals.

2 min read

International Economics

Trump’s Tariffs are Finally, Almost, Nearly Here

Photo by Gage Skidmore via CC BY-SA 2.0

Just six years after Trump 1.0 signed a new trade agreement with Mexico and Canada, Trump 2.0 is imposing tariffs on goods from them.

2 min read

International Economics

Europe Lays Plans to Extract China’s Battery Know-How

Photo by Traimak Ivan via iStock

There’s a little bit of “What goes around comes around” behind Europe’s latest industrial policy initiative.

2 min read

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