Facebook will struggle to secure regulatory approval to meet Libra’s planned 2020 launch date, in the latest blow for the ailing social network’s digital currency project. The delay follows months of warnings from politicians, officials and regulators that the project carries risks for financial stability and money laundering. “Even... Read more
Parents can be the most important influence on a teen considering college. But how they talk to their children about the all of their choices — Ivy League, state university, community college, trade school, coding boot camp or even no postsecondary education at all (gap year or straight to... Read more
US President Donald Trump has announced plans to impose sanctions against current and former Turkish government officials and raise tariffs on the country’s steel exports to 50 per cent, following Ankara’s military advance into Syria. Mr Trump has attracted sharp criticism from fellow Republicans, Democrats and US allies after... Read more
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The cost of installing utility-scale solar panels has fallen by 80%. BOULDER, Colorado (Project Syndicate) — For the longest time, the prevailing narrative about renewable energy featured clumsy technologies, high costs, and burdensome subsidies. In the absence of strict mandates and far-reaching policy changes, the chances... Read more
The 2019 Booker Prize for fiction has been awarded to Margaret Atwood for The Testaments and Bernardine Evaristo for Girl, Woman, Other, but only after a dispute between the judges and the foundation that runs the competition. The jury’s decision was initially rejected by both the Booker Prize foundation’s... Read more
Bloomberg
An employee pulls a crucible of molten glass from a furnace at Corning Inc.’s Sullivan Park Science & Technology Center in Corning, N.Y. The New York Fed’s Empire State business-conditions index showed slight improvement in October, according to a report posted about 18 hours ahead of schedule.... Read more
Representatives of Italy’s far-right League party travelled to Moscow last October for a clandestine meeting with Russian agents. The Kremlin was ready to secretly fund the populist, anti-EU party. But when a recording of the talks was leaked, the political row that followed set in motion the slow disintegration... Read more
Dear Moneyist, This is something I have not shared with anyone until now. I am embarrassed because my family, friends and colleagues view me as a very intelligent person. I act like someone who has it all together, but deep down I feel otherwise. I have lived... Read more
Steven Mnuchin, the US Treasury secretary, has warned that a new round of tariffs set for December 15 on $156bn of Chinese goods would be triggered if Beijing failed to seal the limited deal tentatively struck with Donald Trump last week. Mr Mnuchin’s remarks in an interview with CNBC on... Read more
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The Ukrainian people understand that corruption must be uprooted in order to build better institutions. CAMBRIDGE, Mass. (Project Syndicate) — In the euphoric moment immediately following the collapse of the Soviet Union, few would have guessed that Ukraine — an industrialized country with an educated... Read more