What’s wrong with the dollar? Barely two weeks ago the Bloomberg Dollar Spot Index reached its highest since June 2017. President Donald Trump tied the strength to confidence in the US, boasting in a tweet on August 16 that “money is pouring into our cherished DOLLAR like rarely before.” But since then the greenback dropped as much as 2.2 percent, ...

As the American stock market stages its longest bull run in history, investors in China can only look on with envy. In preparation for a lengthy trade war with the US, Beijing has shifted back to a pro-growth stance. The People’s Bank of China revived a measure to support the weakening yuan, while the Ministry of Finance is ready to ...

The US high technology industry looks like it may be too concentrated. One sign of this is the lack of geographic diversity in the venture capital industry, which is highly concentrated in a few technology hubs, mostly on the coasts: In 2017, three metro areas — San Francisco, New York and San Jose, California — took about two-thirds of the ...