Growth through innovation bursts: Why industrial policy should not bet on size
Industrial policy is back on the agenda across advanced economies, with a growing channelling support towards large incumbent firms on the premise that they are
Inflexibility and the stalled progress of American women in the labour market
The labour force participation of women in the US peaked in 1997 and has stagnated since. This column argues that workplace inflexibility is the common
Fool’s gold: How geopolitical risk is taking some of the shine off the US dollar
US Treasuries remain the world’s dominant reserve asset, but geopolitical risks can change how central banks assess the trade-off between liquidity and protection from foreign
UK stocks decline as oil tops $100, fuels inflation fears
Benchmark Brent crude oil futures rose past $100 a barrel. London’s FTSE 100 hit its lowest in near a week on Wednesday as oil rallied
Trump administration blasts Ford’s business deals with Chinese firms
The Trump administration on Tuesday blasted Ford Motor’s business partnerships with Chinese companies, saying they pose national security concerns. U.S. Transportation Secretary Sean Duffy in a
EU faces complaint over plan to simplify more environmental laws
Environmental campaign groups lodged a complaint against the European Commission on Tuesday, accusing the EU executive of moving ahead with an overhaul of water protection
US treasury chief Bessent backs using US financial power as foreign policy tool
U.S. Treasury Secretary Scott Bessent advocated on Tuesday for Washington’s use of financial power as a foreign policy tool with the goal of advancing the
Crypto, banks take lobbying war to US senators’ home states ahead of key vote
A fight over major cryptocurrency legislation has spilled into the congressional summer recess, with the crypto industry and the banking sector mounting a final lobbying
Chime shares jump 10% as Stride deal puts fintech on path to bank charter
Chime shares surged 10% before the bell on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow
How are governments using AI? New evidence from around the world
Artificial intelligence is already making its way into governments around the world. Public servants are using AI to summarize documents and search for information. Tax
