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Texas’ Biggest County Explores Exiting Power Grid After Storm

Covax Deliveries Start in the Americas With Colombia First

Texas Lt. Governor Calls for Heads of Ercot and PUC to Resign

Pfizer or AstraZeneca Single Dose Cuts Hospitalizations by 80%

Biden Immigration Chief Blasts Trump for ‘Gutted’ System

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Biden Urges Amazon Workers to Vote in Alabama Unionization Drive

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Escape Artists Accused of Freeing Carlos Ghosn Can't Evade Reckoning in Japan

Texas’ Biggest County Explores Exiting Power Grid After Storm

Covax Deliveries Start in the Americas With Colombia First

Texas Lt. Governor Calls for Heads of Ercot and PUC to Resign

Pfizer or AstraZeneca Single Dose Cuts Hospitalizations by 80%

Biden Immigration Chief Blasts Trump for ‘Gutted’ System

Richest 100 Americans Would Pay $78 Billion Under Warren Tax

Mexico, With Less Than 2% Vaccinated, to Ask Biden for Help

Workhorse Shares Rise as Postal Service Meeting Is Scheduled

Europe Probes Attempted Vaccine Scams of More Than $15 Billion

Robert A. George

Trump’s Not-Quite-Triumphant Return

The former president made a semi-Trumphant return on Sunday. Donald Trump’s rapturous reception at the Conservative Political Action Conference in Orlando, Florida, made clear that the conservative movement, as well as the Republican Party, belongs to him

Tyler Cowen

Inflation Is Uncontainable But Not Inevitable

Otherwise intelligent people can be surprisingly wrong about economics. The latest example is the claim that current inflationary pressures are somehow being “captured” or “locked up” in asset prices...

Richard Cookson

Why the Dollar Is More Robust Than It Looks

It’s about as hard right now to find anyone with a kind word to say about the greenback as it is to find someone with a nasty word about equities. There is much talk of yawning U.S. budget and current-account deficits.

Brian Chappatta

Jerome Powell Knows a Market Tantrum. This Isn't Close.

Federal Reserve Chair Jerome Powell has worked at the central bank for almost a decade. Naturally, during that time he has seen his share of market meltdowns, from the so-called taper tantrum in 2013 to the losses in late 2018 that forced him to....

Bloomberg Opinion

How Good Is the Israeli Pfizer Vaccine News?

The news out of Israel sounds very good. Is it as encouraging as it seems? The holy grail of vaccination is to supress infections. When this happens at a 100% level, it’s called sterilizing immunity and means the virus just cannot infect you.

Robert Burgess

Most Important Number of the Week Is 4.9%

As weeks go, this past one could hardly have gone better for the economy. From retail sales to industrial production and the number of homes sold, any data point of consequence easily topped estimates. This was no fluke....

Karl W. Smith

Is McConnell’s Post-Trump Strategy Working?

Senate Minority Leader Mitch McConnell has a knack for making everyone mad. With his vote against former President Donald Trump’s impeachment, he angered both Democrats and many Never-Trump Republicans

Brian Chappatta

Covid Housing Boom Is Even Bigger Than Imagined

The Federal Reserve Bank of New York on Wednesday released its quarterly report on household debt and credit for the final three months of 2020, with its strategists and statisticians deciding to dig deeper into mortgage originations

Brian Chappatta

Goldman Sachs Aims to Counter Reddit’s Trading Frenzy

Goldman Sachs Group Inc.’s strategy for broadening its reach beyond Wall Street and the wealthiest clientele made all the sense in the world. It already had a consumer bank, Marcus, that offered options like higher-interest savings accounts for individuals

Nir Kaissar

Bitcoin’s Volatility Should Burn Investors. It Hasn’t.

Just over 10 years old, Bitcoin might already be the best-performing investment of all time. It might also be the most volatile, and volatility has a way of luring people into ill-timed and costly investing choices

Mervyn King

The Debate About Stimulus Is Missing the Point

With a new administration in Washington, a rollout of mass vaccinations, policy discussion in the U.S. revolves around the size of the next fiscal package. Similar debates are taking place across the world. The word “stimulus” is causing a lot of confusion

Tara Lachapelle

Disney+ Can Compete, But Can It Make Money?

Shares of Walt Disney Co. closed at an all-time high Thursday, minutes before the company reported a 99% plunge in quarterly net income. That’s not something investors see often. It wasn’t that they were caught off-guard

Mark Gilbert

Short Selling Is Even More Dangerous Now

nvestors who seek to profit from a decline in a company’s share price have always taken greater financial risks than their long-only peers. Now, they face the additional danger of running afoul of Redditors piling into the market’s most-shorted stocks. F

Liam Denning

Biden’s Climate Policy: Move Fast and Fix Things

On Monday, I wrote about how the damage done to energy demand by Covid-19 provides one rationale for President Joe Biden to press ahead with his green agenda

Ferdinando Giugliano

History Tells Us to Worry About Inflation

Just like clothes and food, macroeconomics has its fashions. The latest is for public debt. From the OECD to the International Monetary Fund, global organizations that traditionally supported fiscal restraint have become much more relaxed about sovereign

Lionel Laurent

Why Elon Musk’s Dogecoin Tweets Have Hit a Bitcoin Nerve

Imagine a team of smartly dressed bankers pitching an investment to Wall Street financiers only to be left raging when a weirdo in a dog costume walks in and gets the money. That’s how some corners of the cryptocurrency market are reacting....

Chris Hughes

McKinsey's Opioid Settlement Is a Warning to All Consultants

Now it’s McKinsey’s turn. First, the banking industry paid out billions to settle misconduct allegations after the financial crisis. More recently, the audit profession has been receiving record fines.

Richard Cookson

Rising Inflation Will Force the Fed's Hand

The problems faced by new U.S. President Joe Biden would be formidable for anyone. There’s the political schism that won’t be cured by optimistic calls for unity. Then there’s the herculean challenge of stopping Covid from killing too many more people

Noah Smith

Debt Is No Reason to Fear Trillions in Green Spending

- President Joe Biden and other leaders are proposing large amounts of new government investment in order to decarbonize the U.S. economy. These plans will inevitably encounter deficit scolds who will balk at the amount of new debt required

Elga Bartsch

Covid Shows That Europe’s Fiscal Rules Are Outdated

One upshot of Covid-19 has been closer coordination between monetary and fiscal powers. This has led to a revolution in macroeconomic policy — one that countries should continue building upon.

Martin Ivens

Is Boris Johnson Still Prime Minister of the United Kingdom?

n the eyes of many voters, Boris Johnson stopped being prime minister for the whole of the United Kingdom as soon as the Covid pandemic began to rage last March

Mark Gilbert

Market Madness Puts Pension Funds in a Risky Bind

A 25-year-old bond that matures in the U.K. this summer neatly encapsulates the trend that has driven investors to chase higher returns by buying private assets, lower-rated debt and other riskier securities.

Tae Kim

Facebook and Apple Will Miss 2020, Unlike Everyone Else

Sometimes blowout earnings aren’t enough. For the third quarter in a row, Facebook Inc. and Apple Inc. generated billions upon billions in profits and flexed the power of their dominant businesses.

Cass R. Sunstein

Biden Climate Regulation Is About to Get Tougher

It’s the most important number you’ve never heard of, and President Joe Biden is about to change it as he resets U.S. environmental policy.

Lionel Laurent

Bitcoin Is an Incredibly Dirty Business

nstitutional investors diving into Bitcoin — namely hedge funds — are eager to promote its unpredictable price swings as the sign of a new asset class in the making. The cryptocurrency has traded at between $5,000 and $40,000 over the past year,

Mohamed A. El-Erian

Fed’s High-Wire Act Becomes Trickier

The Federal Reserve’s top policy-making committee will meet this week facing significant crosscurrents: How best to balance a dimmer short-term economic outlook with a brighter longer-term one, and how to maintain highly stimulative monetary policy...

Ferdinando Giugliano

Rich Versus Poor, the Global Gap Is Narrowing

Income inequality is among the most hotly debated economic topics of our times. It’s also one of the most misrepresented. For years the left has condemned the widening disparities that followed the financial crisis.

Liam Denning

Keystone XL Couldn’t Survive a Changed Climate

In purely chronological terms, the opposite of a “Scaramucci” could arguably be called a “Keystone.” The Keystone XL pipeline expansion was first proposed almost 13 years ago. On Wednesday, newly installed President Joe Biden killed it. Again.

Cass R. Sunstein

Can Ex-Presidents Be Impeached? No. Convicted? Yes.

Those are two different constitutional questions. And President Donald Trump, impeached last week while still in office and potentially subject to conviction after departing, has obvious reason to offer a firm “no” to the second question.

Nir Kaissar and Timothy L. O'Brien

Biden’s Rescue Plan Is a Start. Now Think Big.

Tens of millions of Americans are scrambling to keep a roof over their heads, food on their tables, education for their children and access to healthcare during an epic public health and economic crisis. Joe Biden acknowledged that hardship Thursday night

Matthew Yglesias

On Day One, Biden Can Start Winning the Midterms

In a few days, Joe Biden, Chuck Schumer and Nancy Pelosi will take possession of the most coveted prize in U.S. politics: unified control of the federal government. They shouldn’t expect it to last — and they should govern that way.

Marcus Ashworth

Expect the Weak Dollar Trend to Return

It was meant to be the no-brainer trade of 2021: Keep selling the dollar on a big-spending Joe Biden presidency. The money-printing required to fund U.S. stimulus would heap pressure on the greenback, reinforcing a market dynamic at work since March

Jonathan Bernstein

This Time, Trump Impeached Himself

Donald Trump is now the only president to be impeached twice by the House of Representatives. That makes him responsible for half of the presidential impeachments in U.S. history.

Marcus Ashworth

City of London Needs Brexit Limbo to End

Negotiations between the two sides have seen deadline after deadline get busted since the Brexit referendum in 2016. The City of London cannot afford a repeat of that now. It needs clarity fast

Shuli Ren

China’s Very Distressed Developers Are Also Very Clever

Wary of billion-dollar defaults, China does not want its daredevil real estate developers to take on any more debt. Banks have been asked to limit their housing loan exposure

Tae Kim

Can Twitter Survive Banning Donald Trump?

Twitter Inc. has done something that was once thought unimaginable. It shut down one of its biggest attractions — Donald Trump’s account — and in doing so also canceled a sitting U.S. president

David Fickling

This Was No Coup. But It Comes Far Too Close

If you’re wondering whether events in Washington, D.C. constitute a coup, Naunihal Singh, an assistant professor at the U.S. Naval War College in Newport, Rhode Island, literally wrote the book.

Sam Fazeli and Lionel Laurent

France Has Lockdown Lessons for Boris Johnson

Optimism about Covid-19 vaccines has quickly turned to pessimism about how slowly they’re being rolled out — and the grim realization that stay-at-home restrictions will be with us for longer as a result.

Ferdinando Giugliano

Europe Is Botching the Vaccine Rollout

Unless Europe gets its mass inoculation programs right, quickly, it will be hard to believe that its political model can deliver better results to its citizens than what’s available in the rest of the world.

Chris Bryant

A $21 Billion Wager on Who Will Build the Apple Car

A red-hot trend in the car industry is for new entrants such as Fisker Inc. to hand over the complicated and capital-intensive work of engineering and building vehicles to a contract manufacturer.

Daniel Moss

Singapore's Covid Success Isn't Easily Replicated

This brighter outlook and cautious easing of restrictions reflects Singapore’s success at containing Covid-19 infections, and makes the place look great relative to the U.S. and Europe, where the disease is again spreading rapidly

Shuli Ren

The Three Big Mistakes China Made in 2020

But there’s always room to improve. Come January, there will be a more rational occupant of the White House, which will give China the space to focus on structural reforms. And it’s here I’d like to raise some quibbles with Beijing

Chris Bryant

Stanford Scientists Create a Billionaire Factory

One of the most unsettling developments in business in 2020 was the trend for electric-vehicle companies to list on a stock exchange before they have their first revenues.

Andy Mukherjee

A Data-Driven End to Capitalism as We Know It

A global data profit will be a very different GDP from gross domestic product. The case for technology companies to share it with we, the people who supply them the bits and bytes, is compelling.

Andy Mukherjee

When 6,000 Islands Work From Home, Expect the Urge to Merge

“It’s time for us to work from home, learn from home, worship at home,” Indonesia’s president announced in the early days of the pandemic in March.

Bloomberg Opinion

How Worrisome Is This U.K. Virus Variant?

Sam Fazeli, a Bloomberg Opinion contributor who covers the pharmaceutical industry for Bloomberg Intelligence, answered questions about the emergence in the U.K. of a mutant variant of the coronavirus, which has prompted strict lockdown measures

Mohamed A. El-Erian

New U.K. Lockdown Signals Worsening Economic Outlook

British Prime Minister Boris Johnson and members of his government risk significant political damage for their decision on Saturday to introduce extremely tough restrictions on London and parts of the southeast England

Tae Kim

Google Antitrust Actions May Have Hit a Tipping Point

On Thursday, a bipartisan group of 38 state attorneys general sued Google parent Alphabet Inc., accusing it of antitrust violations. The regulators contend the internet giant leveraged its market dominance in the search-engine market

Mark Gilbert and Marcus Ashworth

How Markets Can Defy Gravity Again in 2021

ith the pandemic threatening to trash the global economy, governments have opened the fiscal spigots and central banks have pumped even more money into the monetary system. Financial assets, from stocks to bonds to Bitcoin, have responded by rallying to..

Therese Raphael

British Sovereignty Means Free Will, Not a Free Lunch

Only a handful of people are privy to what’s going on inside the “tunnel” of European Union-U.K. trade talks. But the softening of political rhetoric since Sunday suggests negotiators have achieved a breakthrough

Mervyn King

The Biggest Covid Mistake Was Avoidable

No sensible person should envy politicians having to decide how best to combat Covid-19. Confronted with a new virus, errors and missteps were inevitable. But their biggest mistake was unnecessary — they pretended to know more than they did.

Julian Lee

Irrational Exuberance Hits the Oil Market

Covid-19 vaccines are raising hopes of a swift recovery in oil demand next year, but markets seem to have thrown caution to the wind.

Ferdinando Giugliano

Lagarde Doesn't Act on Her Dire Warnings

Christine Lagarde became president of the European Central Bank last year under the auspices that she would reunite a bitterly divided governing council.

Joe Nocera

Facebook Has Only Itself to Blame for Drastic Remedy

In 2012, when Instagram was two years old, with 13 employees and no obvious path to profitability, Zuckerberg knew that the fast-growing photo app was a potential threat to Facebook Inc.’s social media dominance.

The Editors

Britain and Europe Need the Brexit Talks to Succeed

U.K. Prime Minister Boris Johnson is headed to Brussels this week for last-ditch talks with Ursula von der Leyen, head of the European Commission, on Britain’s future trading relationship with the European Union

Barry Ritholtz

Who Can Investors Listen to When Everybody’s Wrong?

The year 2020 will be remembered for any number of things, including how wrong so many were about so much. From the pandemic to the election, and from the economy to financial markets, prognosticators did a horrible job.

Lionel Laurent

No-Deal Brexit Will Inflict Serious Pain on Europe, Too

Europeans seem more sanguine about Brexit than the British. More French column inches were filled with the death of former President Valery Giscard d’Estaing last week than with the risks of a messy end to decades of unfettered trade

Mervyn King

Fiscal Policy During and Beyond the Covid Crisis

The current downturns are unlike any previous recession or depression. The coronavirus itself is novel but, more to the point, so is the reason output collapsed in much of the world — not because of Covid-19 as such

Tara Lachapelle

Fox News Is Holding More Cards Than Trump Realizes

President Donald Trump and a pair of fledging conservative news networks seem intent on taking down Rupert Murdoch’s Fox News. Do they have a shot?

Timothy L. O'Brien

Trump's Election-Fraud Business Is Booming

The president of the United States, a self-described multi-billionaire, is still claiming the 2020 election was rigged — and he wants you to give him some of your money to help him sort that out.

Sarah Halzack

Cyber Monday Is Now Every Day

As expected, e-commerce spending hit records on three recent marquee holiday shopping days

Nir Kaissar

If You Left the Market, Don’t Wait to Get Back In

There are only a few basic rules of investing: diversify, keep your costs low and probably most important, hang on when markets tumble occasionally. The last one is the trickiest.

Francis Wilkinson

The Biden Era Will Be Neither Normal Nor Boring

Having spent the past four years with the political equivalent of heavy metal music blasting outside their psychic windows late into the night, millions of Americans are hoping that the Biden administration will usher in a new era of calm.

Lionel Laurent

A $364 Trillion Game of Brexit Chicken Gets Ugly

Politicians in the European Union are fretting about how little time is left to strike a Brexit trade deal, with French Foreign Minister Jean-Yves Le Drian publicly bemoaning British foot-dragging this week.

Mark Gilbert

Forget the Bargain Basement. Bet on the Next Big Thing

opes that vaccines will soon replace economic lockdowns as our best defense against the coronavirus have stirred speculation that value stocks will regain favor among investors. A

Andreas Kluth

France and Germany Agree on the U.S. More Than They Realize

“I profoundly disagree” with the German defense minister, French President Emmanuel Macron said the other day, calling her view on transatlantic relations “a historical misinterpretation.”

Daniel Moss

Yellen Has the Policy Chops and Political Savvy

anet Yellen knows a deep recession and a patchy recovery from the inside. She'll need all that policy prowess and a healthy dollop of political nous to steer the U.S., and by default the rest of the world, through this epic slowdown.

Leonid Bershidsky

Election Forecast Models Are Worth More Attention Than Polls

In the run-up to the U.S. presidential election, I wrote a script that automatically produced a daily news story showing the victory probabilities for the two main candidates according to FiveThirtyEight, the polling aggregation website

Brian Chappatta

This Fed-Treasury Public Fight Has No Winners

So much for the synergy between Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin in combating the fallout from the coronavirus pandemic.

Tae Kim

Big Tech Backlash Means Get Ready for Less Free Stuff

The goal of all this scrutiny is to root out abuses and create a more level playing field to allow for increased competition. This should benefit consumers in the long run. In the shorter term, however, we may have to accept some unpleasant consequences

Michael R. Strain

Don’t Be Fooled. The Coronavirus Economy Still Needs Help.

Covid-19 is surging — but, finally, the light at the end of the tunnel is visible. Preliminary test results indicate that vaccines being developed by Pfizer Inc. and Moderna Inc. are more effective than many dared to hope

Mark Gilbert

Fund Managers Are Incubating a Future Bond Market Crash

As the pandemic started to shake the global economy in March, liquidity rapidly dried up in the world’s fixed-income markets. Regulators have identified fund managers as the key protagonists in the petrification. T

Noah Smith

Biden Turns to a New Generation for Economic Advice

o prepare for his transition of power, President-elect Joe Biden has created agency review teams tasked with understanding the operations of various government bureaucracies. Those appointments provide clues to how he might govern.

Noah Smith

Socialism Isn't the Way to Win the Working Class

The 2020 election might provide a golden opportunity for the working class -- Americans without a four-year college degree who tend to work in blue-collar and service industries such as construction and retail

Ferdinando Giugliano

Biden Faces a Global Economy That's Tired of U.S. Antics

The election of Joe Biden as U.S. president has prompted sighs of relief across the world — not least because his White House is expected to be a boon for the international economy.

Ramesh Ponnuru

Why Georgia Republicans Play Along With Trump

Nothing in Donald Trump’s presidency became him like the leaving it. All the character flaws that marked his presidency and caused his defeat — the dishonesty, the petulance, the self-obsession — are on display as he vainly clings to office.

Anjani Trivedi and Shuli Ren

Jack Ma, Show Them How to Run a $280 Billion Bank

None of that is lost on Ma, founder of Alibaba Group Holding Ltd. and Ant. The financial outfit has a similar 30% ownership in MyBank, and describes the licensed digital lender as one of its largest customers....

Eli Lake

Trump Is Leaving Office as He Governed: Recklessly

President Donald Trump’s petulant decision to fire Defense Secretary Mark Esper, via Twitter of course, was both shocking and predictable. It’s shocking that a president who just lost an election would fire a member of his cabinet

Noah Smith

Biden Will Need to Get Creative to Save the Economy

When the President-elect takes office, he’ll confront the country’s two most acute challenges: an ongoing Covid-19 pandemic and the economic damage it's wrought. But he'll have an uphill battle to enact the sort of bold policy agenda...

Cass R. Sunstein

How Vote-Counting Became a Job for the States

The current confusion and anxiety surrounding presidential vote-counting, with different states using different rules and procedures, make it natural to wonder: Wouldn’t it have been better to let the federal government oversee the process?

Peter R. Orszag

The Link Between the Stock Market and the Economy Is Weakening

The stock market is often misused as a bellwether for the economy, especially in political debates. Yet the market has never reliably moved in concert with the economy. And today the connection between the two is weaker than at any point since World War 2

Noah Feldman

The Last Check on Presidential Power: We the People

After four years of President Donald Trump’s assault on the Constitution, it comes down to this. The courts have done what they could to limit the damage; the House impeached him; and the Senate let him get away with it

Shuli Ren

China Is Getting Ready for a World Without Trump

First, it no longer required banks to set aside cash if clients wanted to short the yuan. This makes betting against the currency cheaper, and allows room for the yuan to weaken.

Tim Culpan

In China, Big Tech Isn't the Enemy. It's the Strategy

Beijing’s goal of building a self-reliant technology industry has been elevated to become a strategic pillar, part of the latest five-year plan setting out top national priorities. This means China is redoubling efforts to wean itself off foreign companies

Bill Dudley

The Fed Is Really Running Out of Firepower

No central bank wants to admit that it’s out of firepower. Unfortunately, the U.S. Federal Reserve is very near that point. This means America’s future prosperity depends more than ever on the government’s spending plans

Lionel Laurent

Covid-19’s Second Wave Is Battering Hospitals

During Covid-19’s first wave, locked down families gathered on their balconies every evening in Paris, Madrid and Rome to applaud exhausted nurses and doctors risking their lives to save others

Mark Gilbert

EU Rolls Brexit Tanks Onto U.K. Hedge Fund Lawn

As negotiations about the terms of the U.K.’s departure from the European Union rumble on interminably, it’s pretty clear that the future relationship will be fractious at best.

Pankaj Mishra

Trump Is One of the World’s Lamer Demagogues

our years after his shock victory, U.S. President Donald Trump seems to be running on empty. Opinion polls predict a win for former Vice President Joe Biden. In some Democratic circles, the word “landslide” is being jubilantly whispered.

Brian Chappatta

A Weakening U.S. Dollar Is Still the Preeminent Currency

In early June, the U.S. dollar appeared to be in total free fall. From May 14 through June 8, the Bloomberg Dollar Spot Index tumbled 4.6%, effectively wiping out all of its appreciation during the worst of the coronavirus crisis.

Noah Smith

Old-Age Is the Next Global Economic Threat

While the world wrestles with a deadly pandemic and how to confront climate change, there’s another, long-term global challenge that no one really knows how to deal with: Population aging.

Brian Chappatta

Goldman Sachs Traders Slow Down, But the Bank Doesn't

-- Goldman Sachs Group Inc.’s traders set an impossibly high bar for themselves to clear in the second quarter. As expected, they couldn’t keep up that kind of frenetic pace in the three months through September. But the bank didn’t need them to

Clara Ferreira Marques

Give China a Cheer for Making Polluters Pay

- China’s ambitious pledge to decarbonize by 2060 requires the world’s top polluter to dramatically raise the cost of spewing greenhouse gases into the atmosphere.

Lionel Laurent

You Can’t Blame the EU for Not Trusting Boris Johnson

This is not the Brexit endgame Boris Johnson expected. Thursday was supposed to be the U.K. prime minister’s make-or-break moment for reaching a trade deal with the European Union before the transition period ends on Dec. 31.

Michael R. Strain

Biden Would Smother the Economy by Raising Taxes

high priority for a Biden White House would be to raise taxes on high-income Americans, and to push the corporate rate up to 28% from 21%. This would satisfy many progressives who want to see higher taxes at the top

Brian Chappatta

JPMorgan Didn’t Signal a Turning Point for the Economy

You could almost feel the shockwave that JPMorgan Chase & Co. sent across Wall Street on Tuesday morning with its third-quarter earnings. Investors have always scrutinized results from the biggest U.S. bank

David Fickling

China's Coal Import Ban Has More Bark Than Bite

Remember in June when China called a halt to purchases of U.S. soybeans and then stopped buying U.S. soybeans? Or last year, when China blocked imports of Australian coal and then stopped buying Australian coal? Yeah, me neither.

Julian Lee

Covid-19 Is Big Oil’s Asteroid Strike

- Covid-19 may do for Big Oil what the Chicxulub asteroid did for the dinosaurs when it struck Earth 66 million years ago. Much like the “terrible lizards,” Big Oil was already in decline before the novel coronavirus hit

Bill Dudley

The Covid Crisis Exposed What Financial Reformers Missed

After the U.S. financial system came to the brink of collapse in 2008, Congress and regulators spent years on renovations designed to prevent that from ever happening again

Andreas Kluth

Trump or Biden, the U.S. and Europe Will Split

Slowly but surely, the Mid-Atlantic Ridge keeps pushing the North American and European plates apart, at the rate of about an inch a year. Something similar is happening in geopolitical tectonics

The Editors

The Fed Is Right and Trump Is Wrong: Stimulus Can’t Wait

President Donald Trump has told his team to stop discussing a new stimulus package until after the election. He should pay closer attention to what Jerome Powell said to the National Association for Business Economics a few hours before

Mexico, With Less Than 2% Vaccinated, to Ask Biden for Help

Workhorse Shares Rise as Postal Service Meeting Is Scheduled

Europe Probes Attempted Vaccine Scams of More Than $15 Billion

Economics

U.S. Manufacturing Expands Most in Three Years as Prices Climb

Economics

ECB Slows Pandemic Bond-Buying Despite Bond-Rout Concerns

Pursuits

The 11 Meals I’ll Remember the Most From 2020

Nancy Pelosi

House Speaker Nancy Pelosi, a Democrat from California, talks about gender equality, why she first ran for office and her relationship with President Trump. The interview took place March 8, 2019.

Dara Khosrowshahi

Uber CEO Dara Khosrowshahi talks about taking the company public, the future of driverless cars, expansion plans and whether or not he takes an Uber. The interview was recorded on June 11, 2019.

Arne Sorenson

CEO and President of Marriott International Inc., Arne Sorenson, talks about how he became the first non-Marriott family member to be CEO, and how he manages dual threats from Airbnb and Google. Taped on April 10, 2019.

Steve Ballmer

Steve Ballmer, former CEO of Microsoft Corp. and current Los Angeles Clippers owner, talks about meeting Bill Gates at Harvard, his early years at Microsoft and subsequent rise to CEO in 2000. Taped on April 26, 2018.

Tim Cook

Apple CEO Tim Cook talks about working with Steve Jobs, the values at Apple, including privacy and equality, and if he'd run for president. The interview was taped on May 13, 2018.