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Finance & economics

Janet Yellen will lead Joe Biden’s Treasury. What does she stand for?

Both progressives and conservatives can find what to like about the former chair of the Fed

Related

From the archive: Janet Yellen on what it takes to manage the world’s biggest economy

United States

Joe Biden will embrace allies—and enlist them to take on China

The president-elect opts for dependability, loyalty and like-mindedness in his national-security picks


Graphic detail

Rich renters are fleeing America’s cities

The prices of posh properties are falling, but cheaper ones are still in demand


Asia

Banyan: An Indo-Pacific club builds heft

The “Quad” of America, Australia, India and Japan is not an alliance, but not useless either

More on the US presidential transition

Readers’ favourites

Graphic detail

Where are the world’s most expensive cities?

Paris and Zurich rejoin Hong Kong at the top of the latest ranking

Business

Why commercial ties between Taiwan and China are beginning to fray

The relationship that helped build China’s economy faces new challenges

Graphic detail

How new swing techniques are revolutionising golf

A bulked-up Bryson DeChambeau has discovered how to clobber the ball without sacrificing loft


Podcasts

Sound reasoning on current affairs, business and finance, science and technology, and global issues.

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In context: Analysis and predictions for 2021

Special report: Asset Management

The money doctors

The asset-management industry is at last sorting the quacks from the true specialists, argues John O’Sullivan

Passive attack

How index investing is reshaping the asset-management industry

Double trouble

The trouble with delegating choices about what to invest in

Stewards’ inquiry

If investors buy stocks in an index, who watches managers?

Taking back control

Privates are what listed assets are not—niche, illiquid and fee-rich

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