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Trump needs an Afghanistan plan

  The news from Afghanistan is as relentless as it depressing: six aid workers murdered by IS, at least 20 dead from a suicide bombing at the Supreme Court, more territory lost to the Taliban, more opium growing in the fields. Maybe that explains Donald Trump’s silence on the war since becoming president. But it does not excuse it. The ...

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What India’s demonetization means for investors…

  On November 8, Prime Minister Narendra Modi of India surprised investors and consumers by declaring that 86 percent of the nation’s money stock would no longer be a medium of exchange or store of value. In meetings in Mumbai and New Delhi recently, I learned that the move was intended to ferret out illegally garnered funds, and that the ...

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Meet Facebook, your new financial regulator

  Maybe it’s not so bad to have algorithmic overlords — at least when they are pressured into protecting people rather than exploiting them. Earlier this week, Facebook declared that it will no longer let certain kinds of advertisers engage in racial profiling. Specifically, it will prohibit credit, housing, and employment advertisers from using “ethnic affinity” categories — marketing profiles ...

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