Finance & economics

Free exchange

Could America and its allies club together to weaken the dollar?

China would not be happy

Buttonwood

Banks, at least, are making money from a turbulent world

It is once again a good time to work on a trading desk

Bona fide

Against expectations, European banks are thriving

Many are now ripe for a takeover

Hot chocolate

Why the global cocoa market is melting down

Toblerones could soon become luxury goods

Electric cars and more

What Xi Jinping gets wrong about China’s economy

Despite his protestations, the country does have an overcapacity problem

Talking shop

What would get China’s consumers spending?

Clues from a grocer in a fourth-tier city

Funding the fight

How Ukrainian farmers are using the cover of war to escape taxes

“Black grain” infuriates exporters playing by the rules

Buttonwood

What campus protesters get wrong about divestment

Will withdrawing money hurt Israel?

Get rich quick

Hedge funds make billions as India’s options market goes ballistic

The country’s retail investors are doing less well

Down the pipe

Russia’s gas business will never recover from the war in Ukraine

Hopes of a Chinese rescue look increasingly vain

Free exchange

Working from home and the US-Europe divide

Americans are no longer the rich world’s great office drones

Thousands are flying

Immigration is surging, with big economic consequences

The West faces an unprecedented number of new arrivals