Opinion

Of the 21.4 million nonfarm payroll jobs that disappeared in the US from mid-February to mid-April, 17.6 million, or 86%, were in the six lowest-paid (as measured by average weekly wages in February) of the 11 supersectors into which the Bureau of Labor Statistics divides our economy. In May, those ...

Money is many things, but it’s not fake news. So why block WhatsApp from spreading it around? India is the laboratory of choice for Western tech firms to test out their mobile payment capabilities so they can be rolled out from Bangladesh to Nigeria. Facebook Inc CEO Mark Zuckerberg entered ...

Perhaps the most notorious of the many full-airline-cabin photos recently posted on Twitter is one taken by a cardiologist on his return trip to California after helping treat Covid-19 patients in New York City: Passengers wearing a variety of surgical and makeshift masks fill every seat. “I guess @united is ...

The Federal Reserve has responded aggressively to market strains and the sharp drop in the economy caused by the coronavirus pandemic. The central bank cut short-term interest rates nearly to zero, bought hundreds of billions of dollars of Treasuries and mortgage-backed securities and it introduced a plethora of special liquidity ...

Military leaders don’t like using troops for domestic purposes. It violates every rule they’re taught. You could see that wariness in the face of Gen Mark A Milley, the chairman of the joint chiefs of staff, after President Trump told governors that he’d just put Milley “in charge” of cracking ...

Europe’s airlines aren’t all made equal. German flag carrier Deutsche Lufthansa AG will receive a 9 billion-euro ($10 billion) bailout and it was obliged to offer only limited concessions to Brussels in return. Meanwhile, low-cost Hungarian rival Wizz Air Holdings Plc has benefited from only limited state support. Goliath gets ...

The mighty US Dollar is having a wobble, falling to its lowest level on a trade-weighted basis since March. It’s a sign that the economic effects of the crisis are waning around the world. Perhaps it’s time for the US to rein in the unlimited economic stimulus, or at least ...

One of the biggest ironies of the Brexit crusade against “suffocating” red tape from the European Union was that the UK was at the forefront of some of the bloc’s most onerous financial regulation after the 2008 crisis. That included a crackdown on opaquely-funded investment research — rolled out across ...

This unraveling presidency began with the Crybaby-in-Chief banging his spoon on his highchair tray to protest a photograph — a photograph — showing that his inauguration crowd the day before had been smaller than the one four years previous. Since then, this weak person’s idea of a strong person, this ...

Former Vice President Joe Biden went to a church in Delaware to listen to voices of protest, then gave a speech in Philadelphia about what has happened in the country since George Floyd was killed in Minneapolis. Both appearances told us a lot about what a Biden presidency would look ...