For the financial world, it hit with much the same violence as Will Smith’s smack to Chris Rock’s face. And it’s dominated discussion to almost the same extent. The topic in question is the yield curve, and its inversion. The spread between two- and 10-year bond yields has long been regarded as a great indicator of an oncoming recession, ...

  In a war fought over Telegram as well as on Ukraine’s pummeled streets, the country’s actor-turned-president Volodymyr Zelenskiy has excelled. But for over-the-top showmanship, Chechen leader Ramzan Kadyrov and his men have been hard to beat. Kadyrov’s fighters, known as “kadyrovtsy,” have been waging an all-out propaganda war for the TikTok era, attempting to demonstrate their leader’s loyalty to ...

  Bloomberg A Chinese fast-fashion company without a global network of physical stores of its own is seeking a valuation that could be more than the combined worth of high-street staples Hennes & Mauritz AB and Inditex SA’s Zara. Shein, an online-only retailer of inexpensive clothes, beauty and lifestyle products that pumps out over 6,000 new items daily, is in ...