The Evolving Legacy of Geishas

America seems to be in a best-of-worlds scenario: growth is outpacing expectations even as inflation keeps falling—how will the party end? This week’s loss of the Peregrine One Moon lander was disappointing, but our correspondent sees the good news from the launch (9:19). And how Japan’s geishas are modernising their trade in order to keep it alive (17:35).

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