Why Intercontinental Exchange wants to buy eBay
THE HIGH STREET and Wall Street feel like very different places. One is lined with soft-lit storefronts showing tempting goods,…
What the coronavirus means for financial markets
Feb 8th 2020GLOBAL SHARE prices have so far been relatively immune to the spread of coronavirus. But assets most exposed to China…
The World Bank loses another chief economist
WHEN AUTOCRATIC, oil-rich nations enjoy a windfall from higher crude prices, where does the money go? One place to look is Swiss…
Tidjane Thiam is forced out of Credit Suisse after a spying fiasco
Feb 7th 2020IN FOUR AND a half years as the chief executive of Credit Suisse, Tidjane Thiam had shown himself to be adept at weathering…
Traders lose interest in America’s jobs report
Feb 6th 2020BY 9.30PM ON the first Friday of the month, the bars in Marunouchi, Tokyo’s financial district, used to empty out…
The IMF undergoes structural reform
Feb 15th 2020WASHINGTON, DCTHE IMF is familiar with unwelcome edicts. Its job as the world’s lender of last resort often involves…
Technology is poised to upend America’s property market
Feb 15th 2020DALLAS, LOS ANGELES AND SEATTLEFROM FAR enough away most houses look the same. At cruising altitude over Dallas,…
Wage gains for low earners have helped sustain America’s economic expansion
Feb 13th 2020Trickle-up economicsAT 128 MONTHS and counting, America’s economic expansion is the longest on record. Longevity…
African countries like their currencies strong
IN 1979 AN IMF negotiator met Julius Nyerere, Tanzania’s socialist president, and urged him to weaken the country’s currency….