At first glance, China’s scrutiny of Jane Street Group and other foreign firms that participate in its exchange-traded fund market seems like a major setback for global asset managers that have over the last year expanded their footprint in Hong Kong. But their business rationale remains very much intact.

Also a Kelly Services poison pill and betting on roosters.

Japanese Prime Minister Sanae Takaichi reportedly hates the summer. “It’s a state secret,” Koichi Hagiuda, a senior figure in the ruling Liberal Democratic Party, joked last week — adding that she particularly hates summer elections.

The US got some relatively positive inflation news on Tuesday. The consumer price index rose a modest 0.3% in December from a month earlier, and the “core” prices that economists prioritize were up just 0.2%, less than the median forecast in a Bloomberg survey. There was one big blemish: “Food at home,” perhaps the most psychologically and politically salient category, saw its biggest increase since July 2022. That will hit especially hard for the lowest income Americans, who typically spend abo

On Revolution Wind, Trump fought the law and the law rolled its eyes. The judgement rendered late Monday, allowing work to resume on a wind project offshore New England, made a mockery of President Donald Trump’s legal tactics. It portends further court setbacks for him. And yet, the saga itself constitutes a kind of win for the president.

Ever since college, I have subscribed to the Enlightenment view of the world, which is based on the belief that knowledge mostly moves forward. Experimentation and scholarship produce facts and evidence, which expand the realm of human understanding, which helps us unravel such mysteries as the origins of economic growth or why croissants are so much better in France.

It’s CPI Day! With the Fed under attack, what’s the outlook for inflation in America?

Kraft Heinz’s declining dominance in the mac and cheese industry has been blamed on cost-cutting and bad management decisions. But the company’s biggest challenge is that the rules of indulgence have changed. Comfort food, and increasingly all foods, are expected to do double duty.

For all the bluster and juvenile memes surrounding American ambitions in Greenland, the White House has yet to offer a good explanation for why the US needs to control the massive Arctic territory. That’s because there isn’t one. Officials who know better should press to end this ill-considered campaign before more damage is done.

The sight of the country’s most powerful technology chief executive officers lined up behind the president at an inauguration they helped pay for was a visual declaration that the Silicon Valley effort to resist Donald Trump was dead.

Prominent Republicans insist on treating President Donald Trump like a child or a clueless old man, telling Americans that he does not mean what he says — despite the commander in chief making quite clear he means exactly that.

Friedrich Merz won plaudits for ending Germany’s obsession with fiscal restraint to help the country fix up its decrepit infrastructure and rearm. I’m starting to doubt whether this roughly €1 trillion ($1.2 trillion) spending splurge will deliver an enduring economic recovery.

London property prices have fallen 15% in real terms over the past decade, with apartments 22% cheaper and one in seven selling at a loss. This compares with a 5% increase across the UK as whole. With London more affordable than it's been for at least 10 years, is now the time to snap up a bargain in Britain’s capital? Well, it depends. Spoiler alert — the odds are very much stacked against you.

In the Powell drama, Donald Trump’s courtiers have let him down badly.

The political scientist Samuel Lubell argued that US politics was divided between two parties: the “party of the sun” and the “party of the moon.” The party of the sun set the political agenda while the party of the moon merely reflected the moon’s light.

Nearly two decades ago, India promised itself — and the US — that nuclear power would be its next big bet. The two countries signed a landmark deal on civilian nuclear energy in 2008, amid protests from politicians and activists alike. The late Manmohan Singh, then prime minister, bet his government’s survival on passing that legislation — a wager he won, contributing to its re-election a year later.

The Fed chairman’s level-headed response to his grand jury subpoena seemed worlds away from Washington’s antics.

President Donald Trump faces a presidency-defining decision as he contemplates and threatens new military action against Iran. His options range, reportedly, from non-lethal support for the opposition forces challenging the clerical regime to sustained military strikes meant to fracture that government’s hold on power. The potential rewards are massive, given Iran’s destructive regional and global influence — but so are the complications.

It’s CPI Day! With the Fed under attack, what’s the outlook for inflation in America?

The world can’t get enough of Japan. The feeling isn’t exactly mutual.

Also Medicare Advantage, Captain Condor and congressional trading.

India is once again the world’s fastest-growing major economy, despite facing punitive US tariffs for buying Russian oil. Yet, capital is fleeing, the currency is sagging, businesses aren’t investing, and tax revenue is faltering.

Sunday night’s Golden Globes offered a perfect snapshot of how pointless some awards can be. Sinners won the Cinematic and Box Office Achievement trophy, even as it went home empty-handed in the more prestigious races it was up for: Best Screenplay and Best Director. The outcome has revived a familiar critique of the category — that it’s less an honor than a consolation prize.