International

What central banks can do when shocks come from outside

External shocks: central bank policy options

External shocks—from commodity price surges, wars, and pandemics to foreign monetary tightening and abrupt capital flow reversals—create swift and varied challenges for central banks. The suitable rea...

Economy

How inflation can be imported from abroad

Ways to inflation-proof your money

Rising consumer prices are once more prompting households and investors to reassess how they handle their finances, and although inflation continually erodes purchasing power, fina...

Investments and Business

The billionaires telling other billionaires to shut up and pay their taxes

Wealthy elite tell fellow billionaires to pay up

As the United States continues to grapple with rising calls to increase taxes on the ultrawealthy, an increasingly visible split has formed among billionaires, with some maintaining that elevated tax rates reflect a civic duty, while others contend that such initiatives impose un...