Facebook's advertising platform is suffering from a major outage. The company's Ads Manager, its tool that lets users create advertisements on its social network, has crashed, leaving would-be advertisers unable to create new ad campaigns just days before Thanksgiving and crucial Black Friday sales. The outage is unusual in its duration; as of this writing,…
“THE DECLINE of the birth rate and the ageing of Japanese society is accelerating at unprecedented speed,” warns Shinzo Abe, Japan’s prime minister. Given the scale of the problem, he told The Economist this week, the government must push for “impactful policies” to tackle it right away. He mentions a series of reforms, intended to…
Apple was worth more than $1 trillion at the start of November. Now, it’s valued at $880 billion. The mighty tech titans and their seemingly endless pipeline of profits, which powered one of the longest bull markets in stocks, are looking a little less invincible. Shares of Apple and Google’s parent company, Alphabet, are down…
WASHINGTON — As evidence piles up pointing to the Saudi crown prince’s responsibility in the brutal killing of the dissident journalist Jamal Khashoggi, President Trump has only hardened his refusal to concede any possibility that the prince had a hand in the crime. Mr. Trump, who had once condemned the Saudi leaders for perpetrating “the…
IN THE END, Amazon disappointed everyone. A year ago the e-commerce giant said it would open a second headquarters, and solicited bids from cities keen on the 50,000 new jobs and $5bn in investment it would bring. The gambit might have produced a fascinating experiment in urban development, and a departure from the concentration of…
SINGAPORE (Reuters) - U.S. President Donald Trump didn’t make it to this week’s summit of Asian nations in Singapore, but his influence was still keenly felt among the leaders who gathered in the city. U.S. President Donald Trump points to the crowd after delivering remarks at an event for "supporting veterans and military families" at…
There are wine bars and a cycling studio along the riverfront in Long Island City, among gleaming high-rise apartment buildings with views of Midtown Manhattan. The soon-to-open library branch is a modern art cube of concrete, the median income is $138,000 a year, and America’s hottest online retailer is about to move in. In the…
Amazon has finally, officially made a decision. The company on Tuesday announced it would split its second-headquarters project, which it calls HQ2, in two. The two locations — the Long Island City neighborhood of Queens, New York, and the newly formed National Landing area of Arlington, Virginia — will each get roughly half of the…
THE CAREER OF China’s biggest property tycoon can be divided into two stages. Xu Jiayin started slowly, focusing on Guangzhou, a southern city. Then came the global financial crisis and the government’s response, a giant economic stimulus, launched a decade ago this month. For Mr Xu it was a signal to become far bolder. His…
THE FATE of the euro was always going to depend on Italy. With annual GDP of more than €1.6trn ($1.9trn), about 15% of euro-area output and debt of nearly €2.3trn, it poses a challenge to the single currency that Europe seems unable to manage but cannot avoid. Matters are now coming to a head, as…
