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Deutsche Bank’s travails show up in money markets

  Deutsche Bank is in trouble. It’s embroiled in talks with the U.S. Justice Department to negotiate down a $14 billion fine for mortgage-market naughtiness. Its share price has halved in the past year. It was granted special treatment in July’s stress tests, according to the Financial Times. And in the European money market, its funding costs are almost twice ...

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Twitter is essential and moderately lucrative

  On the Saturday after the Friday when Donald Trump’s icky, sexual-assaulty chat with Billy Bush was revealed to the world, venture capitalist Fred Wilson had this to say: Fred Wilson @fredwilson Last night was Twitter at its finest. Anyone who says it is past its prime, irrelevant, and failing is out of their mind. Twitter: Fred Wilson on Twitter ...

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Don’t be sure big tech breakthroughs are behind us

  Vox tech writer Timothy B. Lee used to be one of the most ardent techno-optimists. But he’s had a bit of a conversion, of late, and is now on the side of those who think tech progress is slowing. Maybe it was the economist Robert Gordon who convinced him, or maybe years of observing the tech world changed his ...

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