Labelling misinformation online is doing more harm than good. The possibility that Covid-19 came from a lab accident is just the latest example. Social media companies tried to suppress any discussion of it for months. But why? There’s no strong evidence against it, and evidence for other theories is still inconclusive. Pathogens have escaped from labs many times, and people ...

If still-incomplete returns are correct, a straw-hat-wearing, giant-pencil-carrying candidate for a Marxist party has just narrowly won Peru’s presidential election. It’s a razor-thin margin that points to deep rifts and spells lasting instability for a country that is not only the No. 2 copper producer today, but has also been seen — until now — as a key source of ...

The US Federal Reserve’s new approach to managing inflation, unveiled last summer, makes a lot of sense: By seeking to achieve an average of 2% — that is, by allowing inflation to overshoot enough to offset previous undershooting — the central bank should be able to keep people’s expectations better anchored around the 2% target. But, unfortunately, the way the ...