G7 Finance Ministers Look to Contain Iran Economic Fallout
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
USA
Edmund Phelps, Who Upended the Way We View Inflation, Dies at 92
He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.
Companies are hyping AI the same way they talked up sustainability, but there are ways to fix that
The struggling footwear company Allbirds, which announced in April 2026 that it was rebranding into an AI company, may be one of the most recent notable examples of 'AI washing.' Business WireAcross corporate earnings calls, investor presentations and marketing pitches, “artificial intelligence” has become the buzzword of choice. Yet a troubling pattern lies under the hype.
China Indicates Tariffs Were Discussed at Trump Summit
China’s Ministry of Commerce said Saturday that the countries had struck a preliminary agreement to reduce some tariffs, seemingly contradicting statements by President Trump
Trump’s Iran War Is Punishing America’s Working Class
Higher fuel prices are a burden on low-income families.
Trump Touts ‘Fantastic Trade Deals’ With China, but Details Are Scarce
The president left Beijing following a summit with China, during which the two countries sought to stabilize their economic and political relations.
What to Watch at Trump and Xi’s U.S.-China Summit
Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.
Would a $1 rideshare fee affect wealthier or working-class Philadelphians more? 2 Chicago studies offer some perspective
Riders will pay about $30 per hour in time saved when deciding between using a ride-hailing app or public transportation, one study found. Michele Pevide/E+ Collection via Getty ImagesPhiladelphia Mayor Cherelle Parker has proposed a US$1 fee on all Uber, Lyft and other rideshare trips in the city to begin in 2027.
Who shops at farmers markets in the US?
Customers browse the fresh produce at a Wilkes-Barre, Pa., farmers market in June 2025. Jason Ardan/The Citizens' Voice via Getty ImagesPeople who shop at the more than 8,700 farmers markets operating in the U.S. either year-round or seasonally generally fall into six distinct groups. Three of them are more interested in farmers markets than the others.
What People in China Say of Trump
Residents in four Chinese cities described a mixture of amusement and anger, blaming U.S. tensions for a slowing economy and rising fuel prices.
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