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In the nearly 40 years that The Economist has served up its https://www.economist.com/big-mac-index?utm_medium=cpc.adword.pd&utm_source=google&ppccampaignID=18156330227&ppcadID=&utm_campaign=a.22brand_pmax&utm_content=conversion.direct-response.anonymous&gad_source=1&gclid=CjwKCAiAibeuBhAAEiwAiXBoJEvH7gB4KhHIGxXLJCOmUZvJvWcx929qBwzmsCSUIYlsVHD7B3w-2BoCHCcQAvD_BwE&gclsrc=aw.ds, the price of the McDonald's burger in America has more than tripled. In that same period the [...]

WHEN JAMES GORMAN took the helm at Morgan Stanley it was barely afloat. His tenure as the bank's chief executive began on January 1st 2010, in the teeth of the [...]

IN LATE APRIL, for the 75th time in a row, America blocked a mundane motion at the World Trade Organisation to fill vacancies on the panel that is the final [...]

Clashes over the water supply turned deadly in 'Chinatown', a 1970s film set in Depression-era Los Angeles. 'Middle of a drought, and the water commissioner drowns', one character marvels. The [...]

IN DONCASTER, A town in northern England, $100,000 will buy you a four-bedroom house. In Dubai, it will get you a four-bedroom penthouse—for a night. The Royal Mansion, the nightly [...]

How much money are your private-equity investments making? The question is easy to answer for other asset classes, such as bonds or publicly traded stocks. All that is required is [...]

Handing over a family business to the next generation can be a dramatic process. If the company is big and progeny bountiful, the intrigue is followed with zeal by both [...]