Opinion

  Uber is still losing lots and lots of money, the world learned last week from Bloomberg’s Eric Newcomer. It may even be losing a lot more money than Newcomer was able to tell us about. As he put it in his weekly e-mail newsletter: We know that Uber has lost at least $1.2 billion in the first half of ...

  Economists too often talk about policy changes in abstract, ignoring the drawbacks that even sensible reforms can bring. For years, analysts have been urging China to shift its economy away from heavy industry and toward services and consumption. Yet now that Beijing is taking heed, the costs are piling up. Most obvious is a deepening gulf between winners and ...

  Any American political strategist or reporter — I’ve been one for more than four decades — loves the map: That’s the electoral map that decides the presidential election every four years. Each of the 50 states is awarded electors based on its members of Congress, essentially by population; Washington, D.C., for example, gets three votes. In almost all states ...

  Most of the time, it would be very foolish to suggest that a single data release could determine a policy decision by the Federal Reserve. After all, Fed officials — board governors, regional presidents or senior staff members— pride themselves on considering a wide array of numbers and multidimensional models. Yet the jobs report for August that will be ...

  It took four years of difficult negotiations between the Colombian government and The Revolutionary Armed Forces of Colombia (FARC) to strike a historic peace accord to end the 52-year-old conflict that claimed over 260,000 lives, displaced 6.8 million and left 45,000 missing. The pact will now stand the crucial public test when it goes for a referendum on October ...

  Wall Street Journal reporter Maria Abi-Habib made waves in journalistic circles last month after she posted on Facebook that Department of Homeland Security officials tried to seize her phones as she entered the U.S. at Los Angeles International Airport. What was striking about her post was that Homeland Security’s demand (which it eventually gave up) was probably lawful and ...

  The newly discovered planet Proxima b is about to change the focus of astronomy for decades to come —and maybe longer, if it reveals signs of life. The planet, some 25 trillion miles away from our own, is like a twin to Earth, but one separated at birth and living a very different kind of life. The discovery, which ...

  For a few decades, economists used to imagine how the world works, write down a theory describing their idea, and call it a day. If some statisticians came along and found some support for the theory, well, great! But usually they didn’t, and that was fine too. As one old joke put it, if an idea worked in practice, ...

  Call it the Snooze Economy. Roughly two months before the presidential election, the economy has turned both boring and mystifying. It hardly impresses anyone, and yet this plodding performance is probably helping Hillary Clinton by minimizing bad economic news. More important: The lackluster expansion, if continued for a few more years, would represent an enormous achievement. It would finally ...

  Let’s talk today about compliance in the financial industry. This topic seems to come up a lot lately. I hear complaints from brokers on the sell side, most of whom don’t have kind words to say about their main regulatory overseer, the Financial Industry Regulatory Authority — even though it’s supposedly in the pocket of the financial industry. I ...