President Joe Biden says the US is facing a crisis of democracy, but he’s not acting as though he believes it. In a speech in Philadelphia, Biden said that the voting system is threatened as it has not been since the Civil War. His recommended solution is to pass legislation that has been known for months to be dead in ...

A revolution is pending in finance, and the world is only beginning to realise the transformations it is likely to bring. Financial institutions will have to take a radically different approach to information technology just to stay in business. Bullish Global, a crypto firm, is planning to go public this year, with an expected valuation of $9 billion. Circle Internet ...

From electric carmakers to space tourism to online learning firms, special-purpose acquisition companies (SPAC) have provided an easy route to the public markets for businesses with, generously, a long path to profitability. The SPAC boom is now also smoothing the way for a legacy media company — Britain’s biggest newspaper — to leave the public markets through a wily feat ...