Figures for headline and core rates marginally surpass expectations
Also in today’s newsletter, a look at Google’s future after election day and voters feel inflation pain in Michigan
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Why is the Golden State shedding companies?
One-off supply-demand mismatches during the Covid shock don’t justify widespread government intervention
Measure aims to attract voters based overseas ahead of knife-edge election
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs
High costs are a threat to Kamala Harris’s hopes of winning Michigan, a crucial election battleground
Bond traders brace for inflation data on Thursday after jobs figures smashed expectations
The swings between Democratic and Republican presidents weren’t so wild in America’s heyday
Plus bad food stocks, and more on the jobs report
Many proposals coming from both political parties make little sense and would upend the principles of a fair and efficient system
His new suggestions would have a far bigger impact than the relatively modest ‘starter protectionism’ of his first term
What lies behind the remarkable post-pandemic US consumption recovery?
And the sukuk market
The New York Federal Reserve president on the battle to tame inflation
New York Fed president John Williams signals support for quarter-point interest rate cuts
Unreliable suppliers can modify devices, yet companies devote few resources to verifying the origin of components
Strong US jobs data is likely to add to other forces to keep the currency strong
Case pits the world’s largest burger chain against Cargill, JBS, National Beef and Tyson Foods
Industrial rivalry and tensions with China frame a confused debate about the pressures of globalisation
And rising long yields
Non-partisan Committee for a Responsible Federal Budget warns of heightened risk of ‘an eventual fiscal crisis’
Progress has been made at home, but what comes next abroad will make a big difference
Eurozone household sentiment diverges from American counterparts, whose buoyant spending is fuelling growth
