Nikola Tesla electrified the world in the 19th century when he created the alternating-current motor and anticipated 21st century mass communication with his work on wireless transmission of voices, images and moving pictures. Unlike the Serbian-American inventor who died destitute at 86 in 1943, his namesake Tesla Inc. is so esteemed eight years after becoming a public company that its ...

Just how worried are emerging markets about the dollar? We’ll find out in Jakarta. Bank Indonesia is expected to hold its key rate unchanged at 5.25 percent, having preemptively lifted rates by 1 percentage points in May and June to buy itself some insurance against the stronger dollar. The Turkish lira’s meltdown over the last week may have changed Governor ...

There’s a line of argument in the financial press that suggests that active money management is dying, a victim of high fees and underperformance versus low-cost indexing that captures average market returns. Newsflash: This is anything but the case. Active investing still dominates asset management around the world, and less than “18 percent of the global stock market is owned ...