Mutual funds that allow investors to buy or sell their shares daily are an important component of the financial system, offering investment opportunities to investors and providing financing to companies and governments. Open-end investment funds, as they are known, have grown significantly in the past two decades, with $41 trillion …

The State Department has a new appointee. Secretary of State Antony Blinken has: “Designated Monica P. Medina as the United States’ Special Envoy for Biodiversity and Water Resources, signaling the Biden-Harris Administration’s commitment to resolving the world’s intertwined biodiversity and water crises. Monica Medina is the Assistant Secretary of State …

Despite Vladimir Putin having explained in a 7,000-word manifesto a year ago what was on his mind, pundits continue to try predicting his next move. And that is precisely the problem. Putin plays the tune, and NATO and the US begin the waltz, always a couple of dance steps late. …