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As one of the leaders of the passive-investing revolution, BlackRock is usually a disruptive force…

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Speaking in 2005, Mervyn King, then governor of the Bank of England, outlined his “Maradona…

In the early 1990s India abandoned the principles of swadeshi, or self-sufficiency, that had guided…

Land in Shenzhen, China’s southern technology hub, is scarce. Plots in years past have grabbed…

Just over six years ago, when Donald Trump first announced tariffs on Chinese goods, it…

Pearls, it is said, represent purity. They may soon stand for something else: business dynamism.…

Since Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But…

On a regular Tuesday morning, a large crowd has gathered outside a grocery store in…

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Working on a trading desk is perhaps the closest an office job can get to…

The Plaza Hotel has New York glamour in spades. Sitting at a corner of Central…

Since Russia invaded in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages…

When Russia’s leaders stopped most of the country’s gas deliveries to the EU in 2022,…

Hedge funds take great pains to hide their inner workings. So a recent court case…

One-third of Ivy League graduates end up working in finance or consulting. So perhaps it…

When it comes to economic growth, America comfortably beats Europe. Many factors have fed America’s…

The West faces an unprecedented number of new arrivals

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If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen.…

Perhaps it was always too good to be true. The big economic story of 2023…

Perhaps it was always too good to be true. The big economic story of 2023…

We are hiring a writer on economics, ideally based at first in London. Journalistic experience…

For a brief moment, everyone who owned bitcoin had made money from it. On March…

In the next few weeks, Binyamin Netanyahu, Israel’s prime minister, hopes to gain final parliamentary…

The Economist is seeking promising journalists and would-be journalists to apply for the 2024 Marjorie…

In economic terms, an asset has value because an owner might derive future benefits from…

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Central banks have embarked on austere monetary policy to crush inflation. Worries about the financial…

Universities have boomed in recent decades. Higher-education institutions across the world now employ on the…

“Enough is enough,” declared a Hong Kong judge on January 29th of Evergrande, a failing…

The interest-rate market has a dirty secret, which practitioners call “the hairy chart”. Its main…

A dusty, scuffed slab of concrete is the last hope that many Gazans have of…

Science advances one funeral at a time, to paraphrase Max Planck. The Nobel prize-winning physicist…

WHEN JAMES GORMAN took the helm of Morgan Stanley it was barely afloat. His tenure…

In late 2021 Jerome Powell, chairman of the Federal Reserve, called for the retirement of…

At some point American economic growth will disappoint expectations. For now, though, it appears to…

By 2050 there will be a new crop of economic powers—if things go to plan.…

Could 2024 be a year unlike any in America’s post-war economic history? Never since 1945…

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For financial markets the Holy Grail is a perfect leading indicator—a gauge that is both…

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It is hard to get a man to understand something, wrote Upton Sinclair, an American…

The history of inflation in Russia is long and painful. Following the revolution of 1917…

In the run-up to its attack on Israel on October 7th, Hamas maintained tight operational…

In 1790 America’s finances were in a precarious state: debt-servicing costs were higher than revenues…