Signs of progress in China-US trade talks, but gaps remain big
Print edition | Finance and economics Feb 16th 2019| SHANGHAI LAST YEAR, when American officials visited Beijing for trade negotiations, they spent more time fighting among themselves than against China. They could not agree on who should lead the talks or what their goal should be. Seeing such amateurism,... Read more
When trouble strikes, where should you hide? The case for gold
Print edition | Finance and economics Feb 16th 2019 IMAGINE YOU have an assignation in New York. You have not been told where you should meet the other person and she has not been told where to meet you. You have no understanding of where to find her or... Read more
Men still pick “blue” jobs and women “pink” jobs
EVERY YEAR a few women become the first of their sex to hold a particular job. The stars of 2018 include Tennessee’s first female senator and the first female head of the New York Stock Exchange. There is the occasional male first, too: in 2018 the first men graduated... Read more
Ginsburg has returned to work: Supreme Court
WASHINGTON (AP) — The Supreme Court says Justice Ruth Bader Ginsburg has returned to work at the building for the first time since lung cancer surgery in late December. The court’s press office says the 85-year-old Ginsburg is attending the justices’ Friday closed-door conference at which they’re weighing whether... Read more
Dow remains up 300 points as Trump announces national-emergency declaration
The Dow Jones Industrial Average held on to its early gains Friday morning, as President Donald Trump said he would declare a national emergency over security at the U.S.-Mexico border at a news conference in the Rose Garden. The president’s plan sets up a potentially nasty fight between GOP... Read more
Trump declares a national emergency at U.S.'s southern border — watch live
Donald Trump picks David Malpass to run the World Bank
Business and finance Feb 5th 2019 IN MOST job interviews, candidates gush and enthuse about the institution they hope to join. The World Bank’s board can expect to hear few warm words from David Malpass, whom President Donald Trump is expected to nominate this week to lead it. In... Read more
Italy’s slump reflects trouble both at home and abroad
Print edition | Finance and economics Feb 2nd 2019 ITALY BOASTS no glittering economic record. GDP growth has trailed the euro-area average every year since 1999. Despite a decent showing in 2016-17, the economy has yet to regain fully the output lost during the global crisis a decade ago... Read more
Illicit financial flows are hard to stop
Print edition | Finance and economics Jan 31st 2019| KAMPALA WHEN FOREIGN aid enters developing countries, it is welcomed with handshakes and ribbon-cutting. Private money, by contrast, is sometimes smuggled across borders or siphoned into offshore bank accounts. Everyone agrees that such “illicit financial flows” are a problem. A... Read more