“America has progressed from infancy to senility without passing through a period of maturity.” So said a character in one of Ian Fleming’s short stories in 1960. He was wrong then – or, was he, as so

The dots appear to contradict one another, puzzling observers. How to connect them? Inflation over the last five years has been double the Federal Reserve’s target. Why then, does it cut its key lendi

Issue of the week: the great gold run ...

Issue of the week: presidential largesse What ...

“Two huge heavyweights” are in the ring. “I haven’t had so much fun since the ‘Thrilla in Manila’,” an unnamed former US official tells the Financial Times. The world’s two superpowers are squaring of

The pros and cons of US companies changing from quarterly to half-year results