New data out this week on retail sales, shipping rates and more offer a snapshot of the economy’s overall health. Plus, the knock-on economic effects of tariffs, and Shanghai becomes a hyper-competitive hub for cafes.
From the BBC World Service: Despite big profits for chipmakers, the prospect of further curbs on exports of semiconductor technology to China has prompted a major sell-off by investors.
If the Trump/Vance ticket emerges the winner in November, what could a Vice President J.D. Vance’s views on the government’s role in business and trade look like?