In their rush to pass something, anything, that they can call ‘tax reform,’ congressional Republicans have achieved the impossible: They have made an awful plan even worse. The first thing to note about the bill the Senate passed early Saturday is that it is not, by any reasonable definition of the term, tax reform. The elements of a smart reform ...

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 ...