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Don’t expect the next generation to save liberalism

At a victory rally for France’s young new President Emmanuel Macron outside the Louvre last week, I was struck by the generational gap between the candidate and his most animated supporters. Most younger people in the crowd looked relieved but far from overjoyed; the most visibly enthusiastic among them were of West African or Arab descent. And when Macron took ...

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Hyperactive bond markets hit a bump

It was fun while it lasted. For a few quarters, it seemed as though the bond-trading business was back in force, with trading volumes accelerating to records on the heels of a flood of new debt sales and more uncertainty about the US economy. Most of the big US banks enjoyed better-than-expected earnings in the first three months of the ...

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Brace for chaos if US expands airline laptop ban

The trans-Atlantic flight could soon become a gadget-free zone if U.S. officials press forward with a security ban on laptop computers and other larger electronic devices on airline flights from Europe. Carriers are bracing for operational chaos at European airports after the Department of Homeland Security said last week it might expand to Europe a ban imposed in March on ...

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