Thirty years ago Siddharth Dube, a writer, visited a small village in northern India near the site of a historic peasants’ revolt. He found plenty that remained enraging: mud huts, primitive ploughs, ...
Feb 27th 2025 | San Francisco “A single man of large fortune; four or five thousand a year. What a fine thing for our girls!” In “Pride and Prejudice” Jane Austen did not have to explain to the 19th-c...
Balances for 401(k) retirement accounts hit the "second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments. The financial services company found i...
Feb 26th 2025 THE BATTLE between the world’s two largest exchange-traded funds has reached a pivotal moment. On February 18th VOO, an ETF tracking the S&P 500 that is managed by Vanguard, a giant pass...
Feb 25th 2025 | Washington, DC One of the biggest fears about Donald Trump’s approach to the economy was that he might try to undermine the Federal Reserve’s independence and press it to cut interest ...
Feb 23rd 2025 | ISTANBUL BEHIND THE vaulted arches of Istanbul’s Grand Bazaar, above the haggling and the crush, a quieter trade unfolds. In dimly lit corridors, men slip in and out of back rooms, clu...
Feb 20th 2025 | San Francisco After peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation ...
When, in october 2017, Wolfgang Schäuble left the Detlev Rohwedder Building for the final time after his stint as German finance minister, hundreds of civil servants, dressed all in black, waited unde...
“He started it,” is playground justice. It may soon be America’s trade policy. On February 13th Donald Trump announced he had decided, for what he later called “purposes of fairness”, to employ recipr...
If you are going to buy a flat in China, common advice goes, you should buy it from a “model student”. That is, a developer who has followed the rules, kept debts under control and refrained from exce...
Feb 20th 2025 | New York WHEN IT COMES to the finances of American consumers, the viral videos produced by Caleb Hammer, a personal-finance social-media star, provide some cause for concern. His “fina...
