Robert Mueller’s final report should present Congress with a clean choice: Either the facts warrant impeachment of President Trump, or they don’t. That was the promise of Mueller’s appointment as special counsel: He would gather the evidence, and then Congress and the public could make a judgment. In a country with a healthy political system, Mueller’s report would lead to ...

Beijing’s tax cuts will do little to lift China Inc. from its malaise. Premier Li Keqiang’s annual work report to the National People’s Congress set out a widely expected cut of 3 percentage points to the top value-added tax bracket of 16 percent and a 1 percentage point cut to the 10 percent bracket. In theory, both are aimed at ...

So, they have been paying attention to the fragile state of Europe’s economy after all. According to a Bloomberg News report, the European Central Bank (ECB) will acknowledge that its own downgrades to the euro area’s growth and inflation forecasts are big enough to justify a change in monetary policy. This is the green light for a new round of ...

Forecast cutting resembles a business model these days. Another day, another venerable firm or institution reduces projections for economic growth. The Organisation for Economic Cooperation and Development (OECD) is the latest to jump on the bandwagon, citing trade tussles, China’s downdraft and Brexit. On the face of it, the overall picture isn’t dire. The OECD clipped its world-growth forecast to ...

It’s hard to find anyone willing to say — on the record — that anything could be wrong with the relationship between India and the US. Over the past 20 years, the world’s two largest democracies have grown steadily closer. But the truth is that this has happened in spite of the economic linkages between the two countries, not because ...

Even for those who haven’t been following the vicissitudes of European banks blow by blow, the latest wave of money-laundering allegations to hit some of the region’s lenders is reason to look away in despair. Firms from Swedbank AB to Raiffeisen Bank International are alleged to have handled a broad range of suspicious transactions involving Russian money. It will take ...

Empowering women around the world, and especially in developing countries, is an urgent priority that goes well beyond social justice. Ample research has demonstrated and, in several cases, quantified the broader benefits for the economy, decision making, politics and society as a whole. The Women’s Global Development and Prosperity Initiative (W-GDP), announced by the White House last month, is one ...

Bloomberg KFC’s owner in China is pushing ahead with expansion plans, opening two stores a day in the world’s biggest consumer market and banking on technology to help it cut costs, even as carmakers and industrial companies signal demand there is deteriorating. Yum China Holdings Inc., the nation’s biggest fast-food chain, which operates the KFC and Pizza Hut brands, is ...

Bloomberg Nintendo Co.’s Switch hybrid is making its first foray into virtual reality games. The Nintendo Labo VR Kit lets gamers build a headset mostly out of cardboard so that they can slide in the device to create what the company calls “basic VR technology.” It’s reminiscent of Google’s Cardboard, which turns smartphones into VR goggles and was introduced almost ...

Bloomberg Samsung Electronics Co. is working on a pair of new foldable smartphones to follow its Galaxy Fold, seeking to seize an early lead in new market segment. The South Korean manufacturer is said to be developing a clamshell-like device, and another that folds away from the user similar to Huawei Technologies Co.’s Mate X, people familiar with the matter ...