Economics

Switzerland neared a deal with the United States to cut US import tariffs on Swiss goods to 15% after business leaders pushed negotiations forward, officials said; legal doubts remain.

Douglas A. Irwin, Daniel W. Drezner, Hakan Yilmazkuday, Iikka Korhonen, Dean Baker and 12 more

Der Spiegel, Financial Times, The Washington Post and 2 more

Swedish business leader Jacob Wallenberg warned that overly strict EU AI rules risk stifling competitiveness, as investors shifted toward AI-driven gains in markets such as Japan.

Erik Brynjolfsson, Justin Wolfers, Avi Goldfarb, Alejandro Werner, Serge Belongie and 10 more

U.S. stock indexes surged as prospects for ending the government shutdown improved, with the Nasdaq leading gains as investors moved back into riskier assets on Wall Street.

Laurence J. Kotlikoff, Justin Wolfers, Cem Işık, Iikka Korhonen, Will Jennings and 4 more

King Felipe VI began a state visit to China in Chengdu, inaugurated a Spain‑China business forum and urged deeper commercial ties and multilateral cooperation.

Economy Minister Katherina Reiche urged a sweeping "Agenda 2030" of structural reforms and subsidy reviews to revive Germany’s economy, drawing resistance from the SPD and parts of her party.

Menzie Chinn, Iikka Korhonen, Caroline Fohlin, Katja Rietzler