Bloomberg
BlackRock’s president sees markets primed for a comeback
Much of the money-market cash could be shifted towards model portfolios.
Finance
Central banks slowly winning war on inflation
But policymakers remain wary of rising prices.
Policy
Private versus public ownership
Thames Water’s default is a seminal moment for the UK
Case shows folly of keeping utility bills down rather than investing in infrastructure.
Policy
How ‘shareholder value’ became a Wall Street mantra
Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?
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