Groceries and a long checkout receipt at an American supermarket

America’s Grocery Prices Are 33% Higher Than in 2019. Why Does It Still Hurt?

US grocery prices are 33% above 2019 levels. Average wages have broadly kept pace, so why do many families still struggle with food costs? Continue reading America’s Grocery Prices Are 33% Higher Than in 2019. Why Does It Still Hurt?

Editorial illustration of a Chinese Communist Party meeting beside an industrial port and a falling stock-market chart.

China’s Economy Is Slowing. Why Is Xi Jinping Tightening Communist Party Control?

China’s industrial strength has not prevented weak consumer demand and disappointing corporate profits. As Xi Jinping tightens Communist Party discipline, a deeper question emerges about the balance between political authority and economic judgment. Continue reading China’s Economy Is Slowing. Why Is Xi Jinping Tightening Communist Party Control?