Bringing manufacturing back to Europe — what’s called “reshoring” or “onshoring” — is a reasonable, if not vital, business strategy. Over the previous two decades, manufacturers shifted production of everything from cars to cosmetics primarily eastwards to China, in an attempt to cut labor costs and protect margins. The supply chain snarls brought on by geopolitics and Covid-19 are now ...

  Wall Street’s focus seems to have changed in recent days from how fast and how high the Federal Reserve will raise interest rates to the timing of the next recession. The two are not mutually exclusive. The consensus is that the Fed is so far behind that curve when it comes to increasing rates that it will have no ...

  The law of conservation of energy is ingrained in every high school science student: Energy can’t be created or destroyed, only transformed or transferred. The global natural gas market represents the political version of that primary tenet of thermodynamics. Europe’s demand for liquefied natural gas (LNG) to replace Russian imports has now been transferred to the US. Until now, ...