What If China Wins The Fight For Technological Superiority? – For some years now, an undeclared war has been going on between the United States and the People’s Republic of China. Unlike the current conflict between Russia and Ukraine, this war is not about territory. Rather, it is about acquiring advantages in a set of...Read More

You’re reading an excerpt from the Today’s WorldView newsletter. Sign up to get the rest, including news from around the globe, interesting ideas, and opinions to know sent to your inbox every weekday. For countries nearby, the war in Ukraine represents a profound crisis of security and politics. Russia’s full-fledged invasion of its neighbor has...Read More

Digital Economy Payments: How Consumers Pay In The Digital World NEW REPORT: Consumers’ Dollars Are Buying Less As Spending Slows Consumers are shopping less but spending more when they do, with the highest increase occurring when making retail purchases — spelling trouble for retailers if inflation continues and consumer spending trends down. The April PYMNTS’...Read More

Wall Street stocks fell, while bond yields and the dollar rose on Thursday as investors worried that aggressive U.S. policy tightening could hurt the economy, while the European Central Bank signalled a steady reduction of stimulus. The benchmark 10-year U.S. Treasury yield jumped, following two days of declines, after a...Read More

Editor’s note: Paige Ouimet is Professor of Finance, UNC Kenan-Flagler Business School. +++ CHAPEL HILL – The latest report from the Department of Labor showed continued robust job growth. Employers added 431,000 jobs in March. The news of sustained job gains speaks to the strength of the U.S. economy.  Moreover, the labor force participation rate inched up...Read More

Jay Newman was a senior portfolio manager at Elliott Management, and is the author of Undermoney, a thriller about the illicit money that courses through the global economy. In 1965, Ralph Nader wrote Unsafe at Any Speed, exposing a car industry that systematically stifled safety features. Over the past two decades, the industry that peddles...Read More

Federal Reserve Governor Christopher Waller said the U.S. economy could handle aggressive policy tightening as he reiterated support for raising interest rates by a half point next month. “I prefer a front-loading approach. So a 50 basis-point hike in May would be consistent with that and possibly more in June and July.” Waller said in...Read More

It’s pretty well accepted that no one knows as much about the plumbing of the world’s financial system as Zoltan Pozsar, global head of short-term interest-rate strategy at Credit Suisse, who was the point person on market developments for senior U.S. officials during the 2008 global financial crisis and has mapped out the shadow banking...Read More

With no sign of an early end to the war in Ukraine, the risk is growing that the conflict will tip a fragile global economy into a slump. In its first seven weeks, the war has already triggered massive Ukrainian refugee flows, boosted inflation by driving up prices on food and oil, and dented prospects...Read More

World Bank President David Malpass attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman Register now for FREE unlimited access to Reuters.com Register April 12 (Reuters) – Countries around the world are working to diversify their supply chains and reduce their dependence on China, which is “probably good...Read More