Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to do, if anything, about emergence and growth of the private cryptocurrencies that are grabbing more and more attention — with …

People who invest in the world’s energy systems often want to know how many trillions of dollars will be needed to finance renewable energy and natural gas. One way to find the answer is to look at what those who have already invested trillions of dollars want to happen as the world transitions to a lower-carbon power system and electrifies …

Sir John Templeton, the pioneer in global mutual funds, once said “the four most costly words in the annals of investing” are “this time is different.” That should resonate with monetary policy makers and institutional investors grappling with the causes, impacts and risks of the lowest market volatility, by far, in the era of modern finance. As this cycle of …