Opinion

Retired Lt. Gen. Michael Flynn appears to have come full circle, if you read carefully the sentencing memo by special counsel Robert Mueller recommending that Flynn serve no jail time despite pleading guilty to making false statements to the FBI. The Trump campaign warrior of 2016 who led chants of ‘lock her up’ deriding Democratic candidate Hillary Clinton, and then ...

If data dependency is the name of the game, then Federal Reserve Chairman Jerome Powell has his work cut out for him. In an economy driven by consumption, the key is having a firm grasp on how spending is poised to perform in future. The effects of monetary policy play out with a lag of around one year, which suggests ...

The good news for asset managers is that they will get an average pay increase this year of 5%. The bad news is that increased spending on technology is reducing the amount of money available to their compensation pools. That’s the conclusion of the annual Asset Management Compensation study jointly published by financial services research firm Greenwich Associates and pay ...

One way or another, Europe is determined to get tech companies to pay their fair share. All that remains is to decide the meaning of “tech company,” “pay,” “fair” and “share.” After months of talks, France and Germany have proposed a plan to tax big digital companies 3 percent of their Europe-based advertising revenue. This is a scaled-back version of ...

If you only scan the headlines, you could be forgiven for thinking that the US-China trade war is mainly about tariffs. After all, the president and trade-warrior-in-chief has called himself “Tariff Man.” And the tentative trade deal between US President Donald Trump and Chinese President Xi Jinping was mainly about tariffs, especially on items like automobiles. But the startling arrest ...

As the effects of climate change loom ever larger, financial markets are embracing sustainability. Long a marginal concern at best, it has become a central component of any successful investment strategy. It’s no wonder the financial industry is starting to incorporate global warming in its risk assessments and requirements for transparency: Recent natural disasters, like the fires in California or ...

Any move by the Federal Reserve is the subject of concern and debate, as it should be. President Donald Trump has gotten involved in that debate, breaking a tradition of recent decades of presidential silence about Fed policy. He is “not even a little bit happy” about higher interest rates. Some economists join Trump in thinking that the Fed is ...

We in the media have a problem. Actually, it’s a big problem for all of us. We have become addicted to the notion that, except for the top 1 percent or the top 10 percent, the incomes of most Americans have stagnated for decades. The problem is that, at best, this is an exaggeration and, at worst, an untruth. A ...

Pan Am was the world’s first commercial airline, reducing journeys that once took weeks to days or even hours. Though initially priced to serve only the rich and famous, the airline drove technological advancements that brought costs down to the point that almost anyone could afford a flight. It forever changed the way we move. At its height, Pan Am’s ...

Talk about shutting the stable door after the horse has bolted. The looming insolvency of once-mighty commodities trader Noble Group Ltd. is an overdue reckoning for a company that has long sailed close to the wind. More than that, though, it’s a black mark against the city-state where it’s been listed since 1997: Singapore. Noble has spent the past year ...