NEW YORK – In the new world wrought by US President Donald Trump, where one shock follows another, there is never time to think through fully the implications of the events with which we are bombarded. In late July, the Federal Reserve Board reversed its policy of returning interest rates to more normal levels, after a decade of ultra-low rates in the wake of the Great Recession. Then, the United States had another two mass gun killings in under 24 hours, bringing the total for the year to 255 – more than one a day. And a trade war with China, which Trump had tweeted would be “good, and easy to win,” entered a new, more dangerous phase, rattling markets and posing the threat of a new cold war
Apple has massively increased the amount it’s offering hackers for finding vulnerabilities in iPhones and Macs, up to $1 million. It’s by far the highest bug bounty on offer from any major tech company
SANTIAGO – The rise of megacities as centers of strong job creation is one of the defining characteristics of the twenty-first-century global economy. But it is not always a positive feature
Amazon founder and CEO Jeff Bezos sold over 530,000 Amazon shares in the first two days of August for $990 million. After taxes, he will net an estimated $750 million in cash from the sales
Beneath electrifying Tesla coil disco balls, Marshmello ascended the glowing 360-degree rotating DJ booth shaped like his signature cylindrical mask. His headpiece immediately illuminated in rainbow, mimicking the multi-colored laser beams and special effects scattered throughout the 29,000-square-foot nightclub
CAMBRIDGE – For an all-too-brief period between the late 1980s and the late 2000s, the world was characterized by convergence, both ideological and economic. The West and the Rest agreed that an open liberal order was the best way to increase prosperity. Now, however, this ideological order threatens to unravel, with adverse consequences for the world economy