Ford Ford’s vision for the future of transportation. It has finally come to this: the iconic automobile, the dream machine of the 21st century, is set to become merely a feature of 21st-century infotainment plumbing. That’s the view of Morgan Stanley auto and mobility analyst Adam Jonas. In a research note published Wednesday, he grappled […]

Wikimedia Commons LONDON — Another week brings more troubling data points that suggest Britain’s economy is starting to feel the pain of Brexit. This week was a relatively quiet one for economic data. But there were too significant, and worrying, releases. The first was a survey of British consumers from IHS Markit showing the biggest […]

REUTERS/Neil Hall HSBC Group Chairman Douglas Flint speaks at the International Fintech Conference in London, Britain April 12, 2017. LONDON — The chairman of HSBC believes there needs to be “a huge public policy debate” on the proper use of data in finance. HSBC’s Douglas Flint this week appeared at the Treasury’s International Fintech conference […]

Reuters/Russell Cheyne Scotland’s First Minister and leader of the Scottish National Party (SNP), Nicola Sturgeon, speaks at the party’s annual conference in Glasgow, Scotland, Britain October 13, 2016. Scotland’s economy shrank in the final quarter of 2017, adding to concerns about the future of the country’s economy if it were to vote for independence should a second […]

GDP numbers show the economy got stronger after the Brexit vote in June. But that growth came because consumers went into more debt. Wages actually stalled. This isn’t sustainable. The post-Brexit crash is still on the horizon. The upbeat GDP numbers for the fourth quarter were celebrated by the Leave camp in the UK this week. […]

REUTERS/Keith Bedford Steven Einhorn, vice chairman of Omega Advisors, in New York on November 28, 2012. The hedge fund world is a little like a dog show.  Breeds are distinct, and judged separately from each other: you can be a macro guy, a fundamental type, a quant… And like with dog breeds, certain kinds of funds can come in and […]