Business
December 12, 2025
Mustafa Suleyman | Seemingly conscious AI is coming
My life’s mission has been to create safe, beneficial AI that will make the world a better place. But recently, I’ve been increasingly concerned about people starting to believe so strongly in AIs as…
December 12, 2025
Anne Krueger | Trump’s effort to pick America’s corporate winners will end badly
For at least the last 150 years, state intervention in picking individual industries and firms to support has been shown to undermine productivity and weaken economic performance. When political…
December 12, 2025
Johnson and Klemmer | The Federal Reserve’s other problem
The US Federal Reserve is much in the news currently, as White House pressure for lower interest rates calls the Fed’s independence into question. But lurking just behind the headlines is another…
December 12, 2025
Nestlé cutting 16,000 jobs
Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other…
December 12, 2025
Anne Krueger | The case for a multilateral trade organisation without America
Since January, the world has watched in shock as US President Donald Trump’s administration has undermined every pillar of the economic order that the United States helped build and proudly championed…
December 12, 2025
Katharina Pistor | Creative destruction should not spare commercial banks
Money is an enigma. But if there is one thing we know for sure, it is that money begets money. The best way to make more of it is to control the money-making machine, as traditional banks have done…
December 12, 2025
Andrés Velasco | Why is Europe so wimpy?
With the United States unhinged, China increasingly authoritarian, and Russia in full Dr Evil mode, the world desperately needs a good guy to believe in. There is only one candidate for the job:…
December 12, 2025
Şebnem Kalemli-Özcan | Financial investors can’t profit from complacency forever
While many Americans and US allies recoil at the accelerating regime change under President Donald Trump, financial markets remain curiously calm. Equity indices continue to hover near record highs,…
December 12, 2025
Trump lowers tariff on China
President of the United States Donald Trump described his face-to-face with President of China Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had…