Leon Hadar

The median home price has increased from roughly three times median household income in the 1980s to nearly six times today
THE BOTTOM LINE

The American affordability crisis: Competing diagnoses, divergent remedies

Finding workable solutions will require moving beyond ideological commitments to evidence-based evaluation

A screen reads 'AI' in reference to artificial intelligence as attendees gather during Rivian's first Autonomy and AI Day, showcasing developments in self-driving technology, in Palo Alto, California, U.S., December 11, 2025. REUTERS/Carlos Barria
THINKING ALOUD

2025: The year AI came of age – and the questions ahead for 2026

The technology has moved from boardroom curiosity to balance sheet necessity

The return of Donald Trump to the White House marks not merely a change in presidential administrations but a fundamental acceleration of trends that have been reshaping the international order for years.

Asia’s moment of reckoning: Adapting to Trump’s transactional world view

The US leader’s approach, however disruptive, reflects underlying American attitudes that transcend any single presidency

Nvidia CEO Jensen Huang (right) has lobbied US President Donald Trump to reverse export restrictions on AI chips to China.

Nvidia and the Trump administration: Commerce, competition and controversy

How the tech giant’s deal with the government could shift US industrial policy and constitutional limits

Former Fed governor Kevin Warsh, appointed to the US Federal Reserve Board of Governors in 2006 at age 35, became the youngest person ever to serve in that role.
THE BOTTOM LINE

Kevin Warsh as Federal Reserve chair: A high-risk appointment

In a different context, he would merit serious consideration – but his current alignment with Trump on interest rates raises alarm

The Fed’s updated economic projections reveal an increasingly optimistic view of growth paired with continued concern about inflation.

US Fed faces dual-mandate challenge amid a divided path forward

No clear policy prescription exists as policymakers balance sticky inflation against labour market risks

The question facing policymakers who come after Trump is not whether to abandon trade policy as a strategic tool, but whether they can develop a more sophisticated approach.

Trump’s trade war and the persistence of magical thinking

The tariffs have been effective at one thing: generating political theatre while imposing costs on American households and businesses

FILE PHOTO: U.S. President Donald Trump listens as National Economic Council Director Kevin Hassett speaks with the media in the Oval Office, at the White House in Washington, D.C., U.S., September 5, 2025. REUTERS/Brian Snyder/File Photo

Kevin Hassett and the Federal Reserve chair: a likely appointment?

The prospect of Hassett leading the Fed has generated significant concern among economists and market observers

Less than a year into his second term, US President Donald Trump confronts a political reality that would have seemed unthinkable during his 2024 victory: his approval ratings have collapsed to levels rivaling the darkest days of his first presidency.
THINKING ALOUD

The unravelling: Trump’s eroding coalition and the Republican Party’s reckoning

His job approval has fallen to 36 per cent, with disapproval reaching 60 per cent

US sanctions on Venezuela are accelerating the Latin American country's geopolitical realignment away from Washington.

The hemispheric toll of the US-Venezuela crisis

Washington’s economic pressure has entrenched the autocratic regime and exported the costs