Covid-19 and the Democratic presidential primaries, the two biggest stories of the year so far, reflect a common theme: the death of the progressive left. Looking back, historians may well see late 2019 and very early 2020 as a kind of high-water mark for American progressivism. It wasn’t so long ago that Bernie Sanders and Elizabeth Warren were commanding most ...

Almost everyone these days carries a device that tracks their movements and shares that information with an array of companies. They may use it to offer everything from food deliveries and car rides to virtual monster hunts. It’s ironic, then, that we’re so reluctant to use the same capabilities to fight a pandemic that could kill millions. Thanks to the ...

Bloomberg First they lost money. Now hedge funds want clients to risk even more cash on the bets that caused the pain. LMR Partners, Citadel, Baupost Group and Capital Four Management are trying to persuade clients to inject money into their funds after taking a hit in the coronavirus-fuelled market turmoil. Capula Investment Management has had talks with some investors ...