Central bankers grapple with the changing nature of competition

RECENT visitors to Jackson Hole, a resort in the Teton Mountain range in Wyoming, were denied the usual scenic views by a shroud of smoke from recent forest fires. Disappointing, no doubt, for the tourists among them—but oddly fitting for the economic panjandrums attending the Federal Reserve Bank of Kansas City’s annual symposium on August […]

All Things Being Equal: The Changing Face of Luxury

There’s a growing assumption that automobiles have become so universally satisfactory, there’s nothing to gripe about anymore. We’re inclined to disagree. There will always be models that fail to meet our expectations and industry trends we’re not particularly fond of. However, we will happily acknowledge that low-tier automobiles have become decidedly less terrible when thrown […]

US changing its tune in Afghanistan as 'barbaric' Taliban becomes bulwark against ISIS

After more than 15 years of war, the US appears more open to dialogue with the Taliban. RT’s Ilya Petrenko explores why the US has cooled its rhetoric about the “barbarian” enemy that now controls large parts of Afghanistan. As Petrenko reveals, Washington’s longtime adversary in Afghanistan is becoming more palatable by the month, with […]

As private-equity firms mature, the way they buy and sell is changing

“SELL in May and go away,” say the denizens of Wall Street, and to the usual summer lethargy is added the excuse of a heatwave. But for those working in private equity, there is no let-up. The “shops”, as private-equity funds like to call themselves, are stuffed with money and raising more: $ 1.1trn in […]

Bosch and Foreca’s new service helps self-driving cars respond to changing road conditions

Driving in inclement weather is anything but easy for humans, and it’s equally tough for autonomous cars — Google spinoff Waymo’s prototypes saw snow for the first time this year. That’s why electronics company Bosch is partnering with Foreca, a Finnish weather forecasting provider, on a predictive road-condition service int…Read More

Overwatch update: Blizzard changing entire character class with Hammond release date

Overwatch developer Blizzard is making big changes to the support class as part of next week’s Hammond update. Wrecking Ball has been given a July 24 release date on PS4, Xbox One and PC. As part of the accompanying update, Blizzard is experimenting with balance changes for its support heroes. With the exception of Zenyatta, Blizzard […]