Small and stuck: Why European firms can’t scale
In 2008, the US stock market was worth $3 trillion more than the combined European stock market; in 2023, the gap was $34 trillion. This column argues that the valuation…
Why more information can make macroeconomic expectations less accurate: Global evidence from 47 countries
Households do not simply choose how much macroeconomic information to acquire; they choose among sources that differ in representativeness and credibility. Using a survey of 46,285 consumers in 47 countries,…
Canada’s premiers react to U.S. trade war with calls for unity and economic support
Several premiers across Canada showed a united front on Saturday after waking up to find their country in a trade war with the United States. Several premiers across Canada showed…
Actor Michael Wright, known for ‘The Five Heartbeats,’ dies at 70
Michael Wright, known for the film “The Five Heartbeats” and the TV series “V,” has died at 70, his wife announced. “It is with profound sadness and an unimaginable heaviness…
Trump’s Top Trade Representative Details Offer That Canada Refused
The United States had offered to reduce its tariffs on steel, aluminum and autos, and eliminate a recently imposed tariff on Canadian lumber, before negotiations suddenly collapsed last night, Jamieson…
Canada’s Unifor union, GM reach tentative agreements
Aug 22 (Reuters) – Canadian union Unifor said on Saturday it reached tentative agreements with General Motors on behalf of 4,600 members in Ontario. Here are some details: • The…
What to know about Trump’s 50% tariffs on Canadian goods that just went into effect
CHICAGO (AP) — After trade negotiations crumbled at the eleventh hour, U.S. President Donald Trump’s 50% tariffs on scores of Canadian imports kicked in Saturday. The new levies are expected…
Buffalo Bills’ Ed Oliver’s son has died, team announces
The Buffalo Bills are mourning the death of defensive tackle Ed Oliver’s 2-year-old son, the team announced Saturday. “On behalf of the entire Buffalo Bills organization, we want to publicly…
Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports
Aug 22 (Reuters) – Some of Nvidia’s largest customers have been told prices of servers containing its AI chips will rise by more than 15% in many cases with memory…
Paramount and California to hold preliminary talks on Warner Bros deal, NYT reports
Aug 22 (Reuters) – Paramount and California state officials are set to meet on Monday to discuss a potential settlement path of the state’s lawsuit aimed at stopping Paramount’s acquisition…













