The queens of the skies have fallen on hard times. As Covid-19 has frozen the international travel on which they once thrived, double-decker, four-engine planes like the Airbus A380 and Boeing 747 are more likely to be found in storage than soaring through the skies. Carriers such as Pan Am Corp used the 747 to turn aviation into a global ...

Back in April, Britain’s Deputy Chief Medical Officer Jonathan Van-Tam told a news conference that the UK’s relative performance in combating the coronavirus would become clear only once there were comparative figures on excess mortality (deaths above a five-year average). Shortly afterward, the government stopped showing charts with comparative death rates altogether. It wasn’t hard to see why: The emerging ...

Joe Biden wants to change the way the Federal Reserve is governed for the first time in four decades. In 1977, Congress set “maximum employment, stable prices and moderate long-term interest rates” as the central bank’s goals. It’s called the dual mandate, since everyone forgets the bit about interest rates. In a recent speech, Biden mentioned the goals of low ...