Edit-Oped

Brooke Sample Remember when New Yorkers began fleeing the city at the beginning of the pandemic, escaping to their summer homes in the Hamptons or snapping up houses in the country? Those who dreamed of living in New York suddenly saw an opportunity to make it happen as landlords dropped rents in a desperate effort to fill now-empty units. Unfortunately, ...

Chris Bryant | Anjani Trivedi Tesla Inc. would have delivered more cars in the most recent quarter but for a shortage of boats. It’s having problems finding vessel capacity out of Shanghai. No wonder: China recently overtook Germany as the world’s second-largest auto exporter. China’s auto exports rose over 50% in the first nine months of this year, shipping out ...

Daniel Moss It seems 2023 is arriving early. The race to raise interest rates to levels that have a hope of quelling inflation is entering a less punishing phase. It may be only a slight stretch to say the end of the most rapid monetary tightening in at least a generation is coming into view. Here’s hoping the troubled world ...

Joshua Green Elon Musk took control of Twitter on Friday, adding to the growing misery of Democrats heading into the midterm elections, not least because he’s made clear he’ll probably allow Donald Trump back onto the platform. A person familiar with the situation told Bloomberg News that Musk “intends to do away with permanent bans on users because he doesn’t ...

Daniel Moss | Gearoid Reidy Haruhiko Kuroda is summoning his inner Wim Duisenberg. The first president of the European Central Bank, Duisenberg resisted calls to adjust interest rates two decades ago with the retort “I hear, but I do not listen.” At the time, Duisenberg was under pressure to follow the Federal Reserve and reduce the cost of money. Kuroda, ...

Jonathan Bernstein It appears that a controversial Democratic campaign tactic might be working. One of the big political stories this spring and summer was Democratic meddling in Republican primaries — Democrats, that is, spending money to “attack” extremist Republican candidates for being too conservative. The thinking among campaign strategists was that elevating the extremists’ profile would help them defeat more ...

Paul J. Davies Credit Suisse Group AG finally bit the bullet. A properly radical transformation is on the way. It will shut down, sell or spin off most of its investment bank and become a more focused international wealth and asset manager with some trading capabilities attached to a traditional Swiss bank. The new leadership of Chairman Axel Lehmann and ...

Lisa Jarvis Two new, small studies are stirring up more controversy over the new Covid boosters, updated to match the omicron BA.4 and BA.5 strains. The research suggests the shots are no better than old boosters. But that doesn’t mean we should write them off — and certainly doesn’t mean that getting one won’t save lives. The studies are small, ...

Aaron Brown The debt ceiling is one of those perennial issues in US politics that occasionally rises to a major concern. The ceiling has been raised, suspended or adjusted 28 times since 1993, usually with little drama. But there were major fights in 1995, 2011 and 2013 that led to extended government shutdowns and concern the US would default on ...

Stuart Trow Liz Truss lasted only 44 days as UK prime minister. But her legacy in respect of your pension will almost certainly endure for decades. It is important to understand how this might affect you and how best to respond. One of Truss’s last acts as PM was to reaffirm the government’s commitment to raise the state pension each ...