When I talk to friends in asset management, I often hear them express a deep, gnawing worry about low interest rates. Fears that low rates would spark inflation, or cause governments to default on their debt, seem to have receded. I don’t hear many people talk about a “bond bubble” anymore. But one big concern won’t go away — the ...

  Noah Feldman A company puts out word that it’s hiring: recent college graduates only, no experienced salespeople need apply. That’s age discrimination, right? Not according to a ruling from a federal appeals court last week. Overturning a half-century of practice, the U.S. Court of Appeals for the 11th Circuit held that job applicants can’t benefit from the disparate-impact provision ...

  DUBAI / Emirates Business The Department of Economic Development (DED) in Dubai unveiled on Monday the ‘Global Islamic Business Excellence Centre’ (GIBEC), which aims to expand Islamic economic activities beyond Islamic finance and contribute to the development of an Islamic business ecosystem in line with the emirate’s Islamic economy capital initiative. The Centre will also institute the ‘Global Islamic ...