Why Inflation Is Much Worse than the Headline Numbers Suggest
The average inflation rate masks dramatic cost increases in the purchases Americans have the least discretion over
Image of the Day: Badger Scenic
Stowell Boyd Badger Scenic
Skyscraper Boom: China Keeps Building Despite Overcapacity
China built a mind boggling 89 skyscrapers in 2018, 17% more than in 2017 despite a sharp slowdown in its economy
The Death of UK Coal in Five Charts
At its 1920 peak, UK coal employed 1.2 million. It’s now 2,000 times lower
Rick Santelli: Tapering the Taper
“First day of a two day Fed meeting and it all seems to be about cementing the notion that they are going to go slower”
The World’s Biggest Arms Exporters and Importers
The United States and Russia remain by far the largest arms exports in the world, with the US exporting over twice the value of weaponry as Russia
Taps Coogan: When Will the Actual Brexit Negotiations Begin?
There is now a growing movement to delay the Article 50 deadline so that the negotiations over the framework of the extension of negotiations can be extended
Map of the Day: The Rise and Fall of the Italian Maritime Republics
Venice, in particular, would fight a string of wars against the Ottoman Empire, lasting over 300 years
Map of the Day: The Average Cloud Cover Around the World
The average cloud cover over every location on Earth for the whole year of 2018
Map of the Day: The Countries Receiving the Most Foreign Direct Investment
China’s foreign direct investment in North America and Europe fell by 73% last year as its economy slows rapidly