Finance & economics

Free exchange

What Donald Trump and Bernie Sanders get wrong about credit cards

Forget interest rates. Rewards are the real problem

Dotcom dreaming

Computers unleashed economic growth. Will artificial intelligence?

Two years after ChatGPT-3.5 arrived, progress has been slower than expected

Buttonwood

Should investors just give up on stocks outside America?

No, but it is getting a lot harder to keep the faith

Lying flat

Is China really a nation of slackers?

A new survey raises the question

Europe’s revenge

Donald Trump’s gas war is about to begin

It could annoy some of his most loyal supporters

Burgernomics

Our Big Mac index shows how burger prices differ across borders

Using patty-power parity to think about exchange rates

The 21% war

Vladimir Putin is in a painful economic bind

Russia’s reliance on China is becoming a problem

Slash and burn

How to make Elon Musk’s budget-slashing dreams come true

We offer some suggestions

Free exchange

Economists need new indicators of economic misery

Existing measures of discomfort are failing to predict elections

Buttonwood

Why financial markets are so oddly calm

Indicators of market volatility have plunged

Reality cheque

How to pay for the poor world to go green

Rich countries need not reinvent the wheel

America v the world

The biggest losers from Trumponomics

America’s president-elect wants to reshape trade, capital and labour flows