Opinion

  What did Senate Minority Leader Chuck Schumer achieve in attempting to deny a vote on Judge Neil Gorsuch, President Donald Trump’s nominee for the Supreme Court? Not keeping Gorsuch off the court; he was approved on Friday. Not preserving the filibuster for use against any future Trump nominee; Senate Majority Leader Mitch McConnell abolished the tactic on Thursday. Not …

  Turkey voted in support of a historic referendum by 51.41 to 48.59 that will greatly expand the powers of President Recep Tayyip Erdogan’s office. Although Erdogan has won, there are question marks that are being raised. Opposition parties alleged fraud and the European Union branded it as unfair and said they would challenge the results. Top EU officials said …

  For more than a century after the advent of commercial electrical power in the late 1800s, electricity use in the US rose and rose and rose. Sure, there were pauses during recessions, but the general trajectory was up. The initial drop in electricity use in 2008 and 2009 could be attributed partly to the economic downturn. But the economy …

  It’s a highly choreographed event in which the future leaders of a secretive Chinese institution are announced to the world via a complex internal formula. No, not Beijing’s upcoming Communist Party congress, which traditionally appoints the new leadership — we’re talking about Cathay Pacific Airways Ltd.’s succession plan. The appointment of Rupert Hogg to follow Ivan Chu as chief …

  A recent report from the UK suggested that the country eliminate speed bumps from its roads to ease vehicle passage and limit carbon emissions. This has since given rise to heated debate. In the US, homeowners often push for more speed bumps in their neighborhoods to slow drivers, making local routes for deliveries more cumbersome each year. But — …

  In an unsettled time, with an unsettling president, many Americans are unsure of their conception of the world and their country’s role in it. What should the United States be doing – if anything – to shape the global order? To answer this question, we need to better understand ourselves and our history. Americans regularly make three curious – …

  Two takeaways from Infosys Ltd’s earnings announcement on Thursday are worthy of note. First, slower growth is here to stay. And second, Infosys has buckets of cash it needs to get rid of. After average annual revenue growth of 17.6% over the past decade, the Indian outsourcing leader grew its top line just 9.7% last year in rupee terms, …

  President Donald Trump’s top economic adviser — former Goldman Sachs executive Gary Cohn — has come out in favor of a radical reform: restoring the Depression-era Glass-Steagall Act, which for much of the 20th century separated bread-and-butter commercial banking from high-octane investment banking. The thinking behind this proposal is appealing. The basic idea is to narrow the scope of …

  US Vice President Mike Pence arrived in South Korea at the start of a 10-day trip to Asia a day after North Korea paraded its intercontinental ballistic missiles in a military display in Pyongyang to celebrate the 1912 birthday of Kim Il Sung, North Korea’s founding ruler. Pence Asia trip coincides with the North Korea’s failed missile launch. It …

  When I was studying for my doctorate in economics, a friend was studying for his in strategy. When I asked to explain the difference between the two fields, he said it boiled down to one thing — economists assume that companies behave optimally, while strategists try to find ways they can do better. In some corners of the econ …