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Time for Facebook to unfriend iconic thumbs-up symbol

Everyone is still trying to sort out the implications of Facebook Inc.’s news feed reboot announced last week. One thing I’m wondering about: Why hasn’t Facebook taken the hatchet to the “like” button? Mark Zuckerberg says he wants more “meaningful social interactions” on Facebook. He doesn’t want people to spend so much time scrolling around aimlessly on Facebook or otherwise ...

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Don’t freak out about UK’s vanishing banking jobs

It’s ‘seismic.’ At first glance, last month’s 52 percent decline in the number of job openings in London’s financial industry looks dramatic. In Brexit there’s an easy bogeyman to blame. But the picture isn’t so clear. Take the survey that recruiting firm Morgan McKinley, from which that figure comes. You need to adjust it for seasonality: December is never a ...

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Weaker dollar won’t derail global growth

The depreciation of the dollar was one of the market surprises of 2017, defying the predictions of many analysts and economists at the start of that year. Continued weakness in 2018 has led some, including European officials, to warn about possible detrimental effects on growth. They are highlighting what may be thought of as the foreign exchange markets’ “hot potato” ...

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