No one was asking, but it turns out a global pandemic isn’t enough for Senate Majority Leader Mitch McConnell to take a break from fretting about purportedly “borrowing money from future generations.” Never mind that the three-month-old coronavirus crisis has led to more than $2.3 trillion in congressional appropriations, to say nothing of the $484 billion relief package that passed ...

Will fashionistas embrace ostentatious outfits and logo-heavy handbags with as much gusto as the coronavirus crisis unfolds? This is a question that all luxury groups must grapple with. But it’s an especially pertinent one for Gucci, the superstar brand owned by luxury behemoth Kering SA. Gucci has had nothing short of a miraculous turnaround under creative director Alessandro Michele, who ...

The European Central Bank’s (ECB) meeting on April 30 might be its most important as it tries to manage the devastating economic impact of the Covid-19 virus. While its reaction so far has worked, it will need much greater firepower in the future. It will also have to be much more flexible in how it applies its rules on asset ...