After years of stumbles and underperformance, Twitter co-founder Jack Dorsey is finally stepping aside as chief executive. The long-awaited move creates an opportunity for the social media platform to regain its footing, but there is much to be done. The company’s board announced that Twitter veteran Parag Agrawal, who has served as chief technology officer since 2017, will succeed Dorsey ...

More than a decade after Lloyd Blankfein, then-boss of Goldman Sachs Group Inc, claimed banks do “god’s work,” the finance industry still struggles to convince the public it’s a force for good. A new chapter in this debate has erupted in Europe where hedge funds and national governments can’t agree on what constitutes “good” financial speculation. Funds who bet that ...

Since the summer, it’s not been a fun time to be a central banker: What with not-so-transitory inflation playing havoc with official targets and leading to some pretty terrible attempts at forward guidance. Let’s look at Bank of England (BOE). But the Old Lady of Threadneedle Street has not been the only major institution struggling to chart a clear course ...