If you can’t work out why you’re struggling when the economy is doing OK, it’s because you’re on the losing side

China's recent decision to launch a trade barrier investigation into Mexico highlights escalating tensions between the two nations. This move comes after Mexico announced plans to impose tariffs of up to 50% on Chinese cars and other products, which could significantly impact trade relations. The investigation underscores the potential for a trade dispute that could affect not only the economies of both countries but also global trade dynamics.

The rising cost of new cars in America is becoming a significant concern, with the average price now hitting around $50,000, which is $10,000 more than just five years ago. Factors like lower inventory and changing trade-in values have traditionally influenced these prices, but now tariffs are adding to the burden. This trend matters because it affects affordability for many consumers, potentially leading to a shift in buying habits and impacting the overall automotive market.

Recent research indicates that while tariffs may weaken the dollar's status as the world's reserve currency, they are unlikely to reverse it anytime soon. This is significant because the dollar's reserve status plays a crucial role in global trade and finance, affecting everything from international investments to the pricing of commodities. Understanding these dynamics helps us grasp the potential implications for the global economy.

The latest report indicates that economic growth is gradually improving for countries supported by the European Bank for Reconstruction and Development (EBRD). However, concerns about potential tariffs could pose challenges to this positive trend. Understanding these dynamics is crucial as they can impact trade relationships and overall economic stability in the region.

The Swiss National Bank has decided to maintain its key interest rate at zero, a move influenced by ongoing concerns regarding tariffs imposed by the Trump administration. This decision reflects the bank's cautious approach to economic stability amidst global trade tensions. Keeping the interest rate steady is significant as it aims to support the Swiss economy and manage inflation, especially in uncertain times.

In a recent anonymous survey conducted by the Dallas Fed, oil executives have expressed serious concerns about the chaotic energy policies under the Trump administration. They highlighted the negative impacts of tariffs and declining prices on the industry, signaling a troubling environment for shale producers. This matters because it reflects the uncertainty and challenges faced by a key sector in the U.S. economy, which could have broader implications for energy markets and economic stability.

Recent insights from oil executives reveal growing concerns about the impact of the Trump administration's policies and tariffs on the oil industry. A quarterly survey by the Dallas Fed highlights that uncertainty is stifling investment in the oilpatch, prompting some leaders to consider exiting the market. This situation is significant as it reflects broader economic implications and the potential for reduced energy production, which could affect prices and job stability in the sector.

Former President Donald Trump is set to visit Japan next month as discussions around tariffs continue. This visit is significant as it highlights ongoing economic negotiations between the U.S. and Japan, which could impact trade relations and economic policies. Trump's engagement in these talks may influence future tariffs and trade agreements, making it a key moment for both nations.

The UN trade agency has reported significant volatility in the shipping industry, attributing it to rising tariffs and ongoing conflicts. This situation is crucial as it affects global trade dynamics, leading to increased costs and uncertainty for businesses and consumers alike.

A recent survey by the Federal Reserve reveals that finance chiefs are feeling a more optimistic mood in the business landscape, indicating a potential recovery. However, they also warn that tariffs are likely to drive prices higher, which could impact consumers and businesses alike. This dual perspective highlights the complexities of the current economic environment, where optimism is tempered by concerns over rising costs.

Switzerland's economy is projected to experience significantly slower growth in 2026, primarily due to the substantial tariffs imposed by the United States, as reported by Zurich's KOF research institute. This slowdown is concerning as it highlights the potential impact of international trade policies on local economies, making it crucial for Swiss businesses and policymakers to adapt to these changes.

Thailand is experiencing a slowdown in export growth, largely due to the impact of U.S. tariffs. This decline is significant as exports are a crucial part of Thailand's economy, affecting jobs and overall economic stability. The situation highlights the challenges faced by countries reliant on international trade, especially in the current global economic climate.

Starbucks has announced plans to close several underperforming stores in the US and UK as part of a restructuring effort aimed at saving costs. This move highlights the challenges the coffee giant faces in maintaining profitability amid changing consumer habits and economic pressures. While it may help streamline operations, the closures could impact local communities and employees, raising concerns about job losses and reduced access to their favorite coffee spots.

Ticketmaster U.K. has agreed to implement changes following public outrage over its handling of Oasis ticket sales. This decision is significant as it reflects the company's responsiveness to customer concerns and aims to improve the ticket purchasing experience for fans. By addressing these issues, Ticketmaster hopes to restore trust and ensure that fans have fair access to tickets for their favorite artists.

Palestinian President Mahmoud Abbas has called for an immediate end to the ongoing war in Gaza during a video address to the UN General Assembly. He emphasized the need for the release of hostages on both sides and rejected Hamas's actions against Israel on October 7. This appeal for peace is significant as it highlights the urgent need for dialogue and resolution in a conflict that has caused immense suffering. Meanwhile, Israeli Prime Minister Benjamin Netanyahu is set to address the assembly in person, indicating the international attention this crisis continues to attract.

Smart investors are currently focusing on key opportunities that promise strong returns, according to a market strategist. This insight is crucial as it highlights where to allocate resources effectively in today's dynamic financial landscape, helping individuals and businesses make informed decisions.

After an impressive 103 years in business, a well-known sporting goods retailer is closing its doors for good. This closure marks the end of an era for a company that has been a staple in the community, providing not just products but also a sense of belonging for sports enthusiasts. The loss of such a long-standing retailer highlights the challenges faced by traditional businesses in today's market, making it a significant event for both employees and loyal customers.

The rise of drones is transforming modern warfare, with unmanned aerial systems becoming essential for military operations. As defense spending continues to soar, the demand for these advanced technologies is expected to double, highlighting their growing importance in national security strategies. This shift not only reflects advancements in technology but also indicates a significant change in how conflicts may be approached in the future.