To snag some of this year’s Black Friday deals, a car won’t do you much good — try an ocean liner. Plenty of would-be holiday gifts are still at sea, caught up in a mess of global shipping delays. But shoppers who can’t find what they’re looking for this week may have another savings event to look forward to. Call ...

After a long time, the balance of power in the world of money is shifting. Amazon.com Inc’s decision to stop accepting purchases made with Visa Inc’s UK-issued credit cards from next year shows that Big Tech is flexing its muscles against established financial networks. Some policy makers must already be thinking, “This is why we need sovereign digital cash — ...

“Fundamentally,” President Biden said as he nominated Jerome Powell for another four years as the world’s most powerful central banker, “we need stability and independence at the Federal Reserve.” He’s probably right about that. The problem is that the need for stability — and for avoiding shocks for the markets, and for independence — cuts across the desire to exert ...