WorldcrunchHeike Buchter lives and works as a business and financial journalist in New York. Since 2008 she has been a correspondent for DIE ZEIT and ZEIT ONLINE.
A week of record highs flipped to panic with new China tariff talk, exposing fragile nerves as experts warn that a fast growing $2.2 trillion private credit market with light oversight, risky PIK structures, and bank and insurer exposure could turn the next shock into a chain reaction.
The shortage and high cost of childcare is a burden on families in the U.S., from New York to Nevada — and it’s weighing down the nation’s economy. For parents, this election is also about their livelihood.
Since Donald Trump made Mar-a-Lago his permanent home, the super-rich enclave of Palm Beach, Florida, has become the heartbeat of the MAGA movement — and its fundraising campaign. Heike Buchter, U.S. correspondent for the German daily Die Zeit reports on the billionaires there who support him and his tax policies.