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Facebook can breathe easy in UK post Brexit

Facebook Inc. might have one reason to be thankful for Brexit. UK lawmakers investigating disinformation and fake news published their findings. Among the select committee’s recommendations was the insistence that the Competition and Markets Authority (CMA), Britain’s antitrust authority, conduct a “deep audit of the advertising market on social media.” There’s no doubt that the CMA is the correct body ...

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Amazon’s winner-take-all approach to small business

Small businesses are a pillar of capitalism and of a healthy economy. They provide a path into the middle and upper-middle class for people who don’t have elite connections or a fancy college degree. And they distribute capital income broadly, so that the gains from business ownership aren’t concentrate among a few wealthy shareholders. Retail is a big component of ...

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US equity futures drift as Europe, Asia stocks climb

Bloomberg US equity futures struggled for direction and stocks in Europe and Asia climbed as investors awaited the release of minutes from the latest meetings of two of the world’s key central banks. The dollar edged higher and the yuan rose after a report America is asking China to keep its currency stable. Contracts on the Dow Jones and S&P ...

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