Europe wants US tech giants to pay more taxes, but it’s been oddly reticent about the cosy and highly unusual tax arrangements of one of its own dominant industries: container shipping. Given the outsized profits the industry is generating, the current regime is unsustainable. Freight rates have soared in the past two years as pandemic disruption and surging US demand ...

Space scientists have waited nearly four decades to send a taxpayer-financed spacecraft on a death plunge into the atmosphere of Venus. Rocket Lab USA Inc, a private space launch provider, announced that the wait is nearly over. But rather than rely on a government space agency to pay the fare, Rocket Lab will finance the mission itself, launching in May ...

  The latest buzzword among many economists and investors is “ noise.” It’s being used to refer to any piece of economic data that doesn’t fit the prevailing narrative, which is happening a lot these days. This economy is proving hard to understand. It is very strong in some respects and very weak in others. The official government data shows ...