World

Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
US Fed signals cuts are possible but not imminent, holds rates steady
World

US Fed signals cuts are possible but not imminent, holds rates steady

Central bank abandoned formal guidance that had kept hikes on the table.

Elon Musk’s US$55b Tesla pay package struck down by judge
World

Elon Musk’s US$55b Tesla pay package struck down by judge

Delaware court of chancery rejects a pay package initially approved for Musk in 2018.

Amazon can’t afford a race to the bottom
World

Amazon can’t afford a race to the bottom

 Amazon investors are more primed for profit expansion. 

Inside the competition for the world’s richest shoppers
Retail

Inside the competition for the world’s richest shoppers

When you have everything, stores lure you with the things money can’t buy.