Business

How America might wield its ultimate weapon of mass disruption

Freezing China out of the global payments system could have unthinkable consequencesPRESIDENT DONALD TRUMP’S sabre-rattling against corporate China has had a real but, so far, limited impact on relations between the world’s two biggest economies (see article). That could change if he decided to go all out and cut China off from the global payments…

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The decline of the office romance

Fewer romantic relationships will be forged at the water cooler. That is a shameEditor’s note: Some of our covid-19 coverage is free for readers of The Economist Today, our daily newsletter. For more stories and our pandemic tracker, see our hubTHEIR EYES met across the office photocopier. At long last, each of them had found…

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Big Tech is the new dividend royalty

IN THE SHARP-ELBOWED world of business, the dividends that firms pay to their shareholders are often considered a bloodless topic. Compared with share prices, they rarely set pulses racing. Corporate-finance theory says that dividends are largely irrelevant to a company’s underlying value and its shareholders’ wealth—just as withdrawing cash from an ATM machine doesn’t make…

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