Economist cover: The union’s troubled state

Once the Bureau of Labor Statistics (BLS) released its March CPI report, the markets received their first ‘official’ glimpse of how the surge in energy prices following the Middle East war, has begun to impact the U.S. inflation setting.

Markets are suffering sharp losses following an eventful three-day weekend that featured heightening geopolitical tensions amidst a violent selloff in Japanese debt that sent yields on the longest tenors to all-time highs.

Pricing pressures are not limited to the real estate sector, as companies like Heineken, Tesla, and Winnebago are also struggling to pass on higher input costs to customers, with some even engaging in a price war.