There’s a big threat to Germany’s traditional political parties ahead of this year’s general election, and it isn’t immigration or populism. It’s the inflation eating away at Germans’ savings as the European Central Bank keeps interest rates near zero. Germans, from serious economists to tabloid writers, have long decried the ECB’s lax monetary policy. With its stated goal of …

  An entire library could be filled with books about how the bright minds in Silicon Valley find and fund the next Google or Facebook. But there are four basic steps to startup investing: 1) Persuade people to give you lots of money. 2) Use that money to buy shares in young companies. 3) Cash out those shares in an …

  The irony of the yuan rally that took bears by surprise last week was that the surge came just days before China announced that its foreign currency reserves shrank by $41 billion in December. The stockpile is now $3 trillion, a decline of more than $1 trillion since its peak in 2014. Authorities have been drawing upon the huge …