The strength in IT equipment investment this year suggests the shift towards AI development and adoption is happening even sooner than our initial upbeat assumptions, posing an upside risk to the near...

The conventional wisdom is that President Trump has pushed well beyond the established bounds on executive power in his second term. In a number of areas, including tariffs, deportations, the use of...

The JOLTS data for July point to a gradual easing in labour market conditions. The large decline in healthcare and social assistance job openings is another reason to think that the disproportionate...

In the wake of the Court of Appeals’ decision upholding a lower court finding that Trump exceeded his executive powers by imposing sweeping universal and reciprocal tariffs, this Update answers key...