Traditional Dutch fast food, herring. Rotterdam, The Netherlands, 1937
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The highly graphical gospel of globalization. Shaped by the age of consumerism.
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Photos by Maersk Line
- Dow Hits Intraday RecordU.S. stocks surged, with the Dow Jones Industrial Average hitting an intraday record high, spurred by the Bank of Japan’s decision to unexpectedly expand its stimulus measures.
- BOJ Unexpectedly Eases PolicyThe Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly untenable.
- J.P. Morgan Found Hackers Through Breach of Road-Race WebsiteJ.P. Morgan Chase & Co. may not have discovered the breach in its computer systems as quickly this past summer if it hadn’t gone looking for trouble elsewhere, people briefed on the investigation said.
- Big Banks Brace for Penalties in ProbesBig banks in the U.S. and Europe are stockpiling billions to pay for a potential trans-Atlantic settlement of allegations that they manipulated foreign-exchange rates.
- Russia Raises Interest RatesThe Bank of Russia raised interest rates by 1.5 percentage points seeking to slow surging inflation and shore up the sagging ruble as the economic cost of sanctions and falling oil prices deepens.