The US stock market has lost trillions of dollars in value in the days since President Donald Trump announced major tariffs on American imports. On Tuesday afternoon, the S&P 500 was down more than 11 percent since Trump’s announcement of the tariffs. Global stock indices, such as the Japanese Nikkei and the German DAX, have also […]

For the past month, President Donald Trump has been stalking the richest universities in the world like a horror movie serial killer picking off a group of frightened teenagers one by one. Why aren’t they using their multibillion-dollar endowments to fight back? The spree started in early March, when the administration announced it was holding […]

In Ezra Klein and Derk Thompson’s new book Abundance — which maybe you’ve heard of — they tell the story of Katalin Karikó, the Hungarian American scientist whose work ultimately led to the mRNA Covid vaccines. When the research center she was working for in Hungary lost its state funding in the early 1980s, Karikó […]

 It’s not often the case, but this is a week when the hard-working spokespeople for China’s foreign ministry have a pretty easy job.  The trade war between the United States and China is escalating rapidly. In February, President Trump imposed 20 percent tariffs on China as punishment for fentanyl trafficking. Last Thursday, he added 34 […]

President Donald Trump’s tariffs haven’t only demolished trillions in wealth and raised the chance of a global recession. They’ve also led some prominent Trump supporters to wonder whether they made a huge mistake. Trump supporters ranging from mega-investor Bill Ackman to anti-vax influencer Alex Berenson have expressed remorse about their decision to support Trump in […]