Opinion

  US President Donald Trump on Wednesday did about-face on Palestine-Israel conflict. He abandoned the US policy on ‘two-state’ solution for Middle East peace. Trump, during a joint White House press conference with Israeli Prime Minister Benjamin Netanyahu, held back from clearly supporting an independent Palestinian state. Trump said he would be open to a Mideast peace agreement that doesn’t …

  Why does everything cost so darn much? More to the point, why does it cost so much more than it used to? Well, not everything costs more than it used to. Food is cheap. Electronics are absurdly cheap: I can get a clock radio on Amazon today for not much more than I would have paid in 1965 (before …

  Elon Musk wants to dig tunnels. Without them, he says, “we will all be in traffic hell forever.” It’s a well-timed ambition, given President Trump’s plan to spend $1 trillion on infrastructure projects. Let’s hope he can figure out what he’s doing. Musk has already started burrowing near the offices of Space Exploration Technologies Corp. in Los Angeles — …

  Chinese companies looking to escape slower economic growth at home have turned, quite naturally, to soccer and Hollywood. They should prepare for some unhappy endings. Recon Group, the Chinese firm that bought the UK’s Aston Villa Football Club, is the latest to attempt to add movie making to its bow, in talks to acquire Millennium Films, according to people …

  Michael Flynn’s real problem isn’t the Logan Act, an obscure and probably unenforceable 1799 statute that bars private meddling in foreign policy disputes. It’s whether President Trump’s national security adviser sought to hide from his colleagues and the nation a pre-inauguration discussion with the Russian government about sanctions that the Obama administration was imposing. “It’s far less significant if …

  High-yield bonds have become the world’s hottest commodity as investors try to ride the global rally in stock markets. In Asia, however, that could mean dangerous times ahead. On Monday, Road King Infrastructure Ltd. raised $300 million selling dollar bonds to yield 7.95 percent. Preliminary price talk centered around the 8.625 percent mark but demand was so strong that …

  President Donald Trump and his allies in Congress have big plans for tax reform, and there’s something to be said for ambition. But the way they’re promoting their ideas suggests they don’t quite understand their consequences — and that raises larger questions about whether the plan could work at all. House Republicans have long proposed cutting the corporate tax …

  The proverb ‘morning shows the day’ seems to be apt for Trump administration. It’s just little over three weeks and Team Trump is in disarray. The White House has become a jumble of lies, retractions and denials. First, Trump executive order barring travellers from seven Muslim majority countries and halting refugee program opened the Pandora box of confusion and …

  Greece is caught in a spat between its major creditors. On one side is the International Monetary Fund, which says “significant debt relief” is needed. On the other are the euro zone institutions, insisting on a primary budget surplus of 3.5 percent of gross domestic product and no further relief. Something’s got to give — and it could be …

  As Boeing Co.’s shares soar higher, the ranks of analysts who have a more earthbound outlook on the stock is growing. On Monday, Richard Safran of Buckingham Research became at least the third analyst covering the jumbo-jet maker to say the stock is more likely to fall than continue its climb. A trio doesn’t sound all that notable, but …