The New Rules

Exploring the policies, people, and ideas reshaping the global economy

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Illustration by The Atlantic. Sources: Roberto Schmidt / AFP/ Getty; Julia Nikhinson / Bloomberg / Getty.

The Actual Math Behind DOGE’s Cuts

If you thought Elon Musk was really trying to cut costs, you weren’t in on the joke.

Illustration by The Atlantic. Sources: Getty; Saul Loeb / AFP / Getty.

Wall Street Blew It

Investors discounted everything Trump has ever said about trade and tariffs. We’re all going to pay for that mistake.