Mexico Posts $4.52 Billion April Trade Surplus
Exports of manufactured goods increased by 34% to $65.69 billion, mining exports rose 71% to $2.08 billion, and agricultural exports
Economics
The hiring of teens for summer jobs is expected to be down as many seasonal positions at summer camps and small businesses have evaporated
Many seasonal jobs at summer camps and small businesses have evaporated this year. Source link
Greg Mankiw’s Blog: What I’ve been reading
I am a bit late to this party, but I finally got around to reading Dan Wang’s Breakneck. It is
Stocks are partying like it’s 1999, but Americans haven’t felt this bad in 70 years
Stocks are partying like it’s 1999, but Americans haven’t been this gloomy in 70 years. Source link
Some red-hot housing markets are finally getting more attainable
A stark inventory mismatch is bedeviling housing markets across the country, but areas like Denver and Honolulu are showing improvement.
As cities race to control surging healthcare costs, many point to expenses related to the use of weight-loss drugs
Employers are stripping coverage as financial concerns mount: “I don’t have any more options.” Source link
President Trump told his new Fed chair, Kevin Warsh, to ignore the political pressure during his swearing-in ceremony—and then the president laid out what he’d like to see
President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he’d like to see. Source link
EU, Mexico to Sign Updated Trade Agreement
The European Commission proposed legislation for the deal in September 2025, which will remove tariffs on exported goods such as
Fed’s Waller: Inflation Risks Mean Fed Should No Longer Signal Cuts
Christopher Waller said holding rates steady will likely be the right course for the foreseeable future, and he can no
Canada Producer Prices Rise a Fourth Straight Month in April
Statistics Canada’s industrial product price index increased 2% in April from the month before, representing its fourth consecutive rise. Source