The Digital Euro As Europe's Backdoor Capital Control System

Antitrust populists claimed blocking the Spirit–JetBlue merger would protect competition and consumers. But their effort entirely misdiagnosed the problem with the airline industry, leading to an intervention that strengthened the very oligopoly they set out to fight.

US Secretary of War Pete Hegseth on Thursday started a press briefing by threatening that the US was “locked and loaded” and ready to destroy Iran’s energy infrastructure if the US-Israeli war against Iran restarts. “We are locked and loaded on your critical dual-use infrastructure, on your remaining power generation, and on your energy industry,” […]

Automakers Push Toward "Eyes-Off" Driving Despite Mounting Doubts Global automakers are zeroing in on a controversial waypoint in the autonomy race: “eyes-off” driving, known in the industry as Level 3, according to a new report by Reuters. The idea is simple but provocative — motorists could look away to send a message or work on a laptop until the vehicle signals them to retake control. After years spent refining hands-on driver aids that manage steering and speed, companies see Level 3 as a potential bridge between today’s supervised systems and tomorrow’s fully driverless...