Opinion

Writing in The Wall Street Journal, Princeton economist Alan Blinder calls it “The Obama-Trump Economic Boom.” This may be the best bad label for what may soon become the longest economic expansion in American history. Anyone who regularly reads this column knows that I am a great skeptic in assigning credit for good economic times to particular presidents. But Blinder’s ...

Prime Minister Theresa May’s control over Brexit is slipping away. Labour leader Jeremy Corbyn, no doubt hoping to prevent further defections from his party, said he would support a “public vote” on Brexit. He gave no details, but it’s a significant shift in a politician who has never hidden his euroskepticism or opposition to a second referendum. Whether another vote ...

Well, it’s here. Tesla Inc.’s $35,000 Model 3 went on sale in typical fashion: teased on Twitter, announced by CEO Elon Musk and a bit late. The car has a totemic significance for the company, representing the break-out moment from luxury Silicon Valley toy to electrified wheels for the masses. I went on the website and was told the base ...

Mario Draghi has a problem if he wants to respond proactively to Europe’s economic slowdown: There’s push-back from the most important hawks on the European Central Bank’s (ECB) governing council. The ECB president has never had it easy trying to balance the differing demands of the 19 euro zone countries (represented on the council by their central bank governors), and ...

A year ago, Didi Chuxing Inc., China’s largest ride-sharing company, looked like a quintessential “national champion.” It had driven Uber Technologies Inc. from the local market, attracted investment from Apple Inc. and was contemplating a Hong Kong IPO worth as much as $80 billion. State media coverage was fawning, government support was all but assured and the company’s near-monopoly looked ...

India’s economy is slowing, inflation is sputtering and the central bank is cutting interest rates. But the cost of long-term money is refusing to budge. The reason, in a single word: elections. Polls will be called any day now. Prime Minister Narendra Modi probably would have liked to make his reelection bid with less distress in the farm economy and ...

Google, Amazon, Facebook and Apple – or “GAFA,” as they’re known in France – are easy to group together in the European imagination. They’re big, they’re American and they’ve tended to pay relatively little tax, thanks to legal loopholes and a business model that exists largely in the virtual world. Frustrated governments have tried to use the courts and the ...

We were reminded of an explosive political fact this week: The investigations of President Donald Trump’s activities won’t end when special counsel Robert Mueller presents his report to the Justice Department. They’ll move into a new and potentially more divisive phase. “The congressional investigative effort will be ongoing. It will continue through 2020, and beyond if Trump wins re-election and ...

Hong Kong property is coming back. After declining about 10 percent since August, home prices have started rising again. The world’s least affordable housing market may even be prepping for another boom. Green shoots have included increased viewings at project sales and revived interest in government land auctions, with a plot in the northern New Territories selling for a higher ...

How the mighty have fallen. The Tata Group is exploring options for its iconic Jaguar Land Rover Automotive Plc unit including a stake sale or finding a venture partner to jointly develop cars and lower costs, P R Sanjai, Ruth David, Tommaso Ebhardt and David Welch of Bloomberg News wrote, citing people familiar with the matter. At the rate Jaguar ...