Opinion

The diligence of congressional Republicans in holding Donald Trump’s presidency in check has so far inspired little confidence. Even some Republicans have been disappointed. “To carry on in the spring of 2017 as if what was happening was anything approaching normalcy required a determined suspension of critical faculties,” Republican Senator Jeff Flake of Arizona wrote. “And tremendous powers of denial.” ...

Andrea Jones-Rooy recently made a very interesting economic argument in the pages of FiveThirtyEight. She claimed that President Donald Trump’s proposal to reinstate a ban on Americans travelling to Cuba might actually help that island nation’s economy: Cuba is showing few signs of economic diversification: It is already suffering a domestic brain drain. … The government also still manages most ...

Hey all, it’s Sarah. Snap’s earnings are this week, and investors are already anticipating bad news, thanks to a “never-ending doomsday narrative around Facebook’s perceived impact on Snapchat,” according to analyst Brian White of Drexel Hamilton. And it’s not just a narrative —it’s a fact that Facebook has been expertly copying Snapchat’s most popular features, just when the newly public ...

White House policy adviser Stephen Miller’s prickly performance at a news conference last week to discuss new immigration legislation didn’t get the greatest reviews. But I actually kind of enjoyed his response to CNN correspondent Jim Acosta’s charge (the quotes that follow are from CNN’s transcript of the briefing) that “what you’re proposing here, what the president’s proposing here does ...

President Donald Trump loves to trumpet the record run in US stocks. “Stock market hits another high with spirit and enthusiasm so positive,” he tweeted on July 12, in one of nine posts about the market last month. But he’s hardly tweeted a word about another, less rosy measure of Trump’s America: the US dollar. The greenback has fallen hard ...

The Association of Southeast Asian Nations has much to crow about as it marks its 50th anniversary: economic and social progress, a manufacturing powerhouse and relative political stability. The 10 Asean members boast of some of the world’s fastest expanding economies like the Philippines and Vietnam, with growth rates of more than 6 percent. With a combined population of over ...

A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock in 2016 become its best this year. Yangzijiang Shipbuilding Holdings Ltd., which specializes in dry-bulk carriers, has rallied 83 percent in 2017 to lead the benchmark Straits Times Index. The Chinese shipbuilding firm has made a comeback after it won 13 contracts worth $318 million in the ...

If you are one of those people who thinks America’s retail industry is doing just fine, well, there are three possibilities: You’ve been living under a rock; you think Amazon refers to a South American river; or you’re a real estate developer. As everything from once-mighty department stores to niche clothing chains announce plans to shutter hundreds of locations, and ...

Suppose a bunch of economists were to show up in the Virginia town of South Boston to preach the benefits of free trade. How would local people react? In an old, red-brick tobacco warehouse near the Dan River, W.W. “Ted” Bennett Jr. ponders the question. The former state delegate looks over his shoulder, squints a bit, then says with southern ...

It’s a milestone Warren Buffett probably wishes he weren’t approaching. Berkshire Hathaway Inc., the conglomerate he’s run for more than five decades, reported that it held just shy of $100 billion in cash at the end of the second quarter. While that figure highlights the staggering money-making ability of the businesses he’s collected over the years, it’s also a burden. ...