Stock and bond markets are flashing warning signs of a US recession just over the horizon, and President Donald Trump is having none of it: Investors may be gloomy about the vanishing gap between short- and long-term US Treasury yields, the dreaded yield-curve inversion that tends to forecast recessions, but the president is focusing on the bright side. The US ...

Italy’s Five Star Movement has risen to global prominence more for the colorful oddness of its founder, the comedian Beppe Grillo, than for the seriousness of its populist policies. But one of its proposals has attracted genuine interest from across the world: The idea of a “citizens’ income.” This concept could in theory appeal to both the left and the ...

In Britain’s retail apocalypse, culling staff might seem like an obvious course of action for hard-pressed store chains. But cut too deep, and the damage inflicted on the business can be even more devastating than Brexit-induced nervousness. Tesco is looking to eliminate up to 9,000 jobs – about half of which could be shifted elsewhere in the company – as ...