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Travel hell! Blame long shadow of Covid

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Much of the rich world is emerging from two years of pandemic more flush than it’s ever been. Deposits held by consumers at US commercial banks are roughly $3.5 trillion above where they’d have been if they continued the pre-pandemic trend, a position that inflation is only starting to eat away. For the airline industry, it’s precisely the opposite. While ...

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Female CEOs become less rare in industrial sector

  The industrial sector is just a leadership shakeup away from having one of the highest rates of female chief executive officers in the S&P 500. Before you get too excited, the numbers are still small: There are 69 industrial companies on the benchmark index and as of the beginning of the year, four of them had female CEOs, according ...

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Pelosi’s Taiwan date is a headache for Biden

  The timing of House Speaker Nancy Pelosi’s proposed trip to Taiwan puts President Joe Biden in a bind. Having drawn threats and condemnation from Beijing, the visit risks undermining any fruits of a planned call between Biden and China’s Xi Jinping. For Pelosi to postpone or cancel, though, would leave the impression of a US administration backing down in ...

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