Britain’s parliament hasn’t yet voted on Theresa May’s Brexit deal or on whether it still has confidence in her government. The first will happen on January 15 and if, as expected, she loses, the Labour Party is threatening to hold a vote on the latter soon after. But two votes that members of parliament have held so far this week ...

China is planning to give the world’s largest auto market a shot in the arm. Don’t be so sure it’ll work. As the nation prepared to post its first annual decline in car sales in at least two decades, a senior official said the government would announce measures to encourage consumers to buy cars and other goods. The statement finally ...

Despite President Donald Trump criticisms that the Federal Reserve has raised interest rates too far, too fast, thereby penalizing the economy, the flatness of the bond market’s yield curve suggests policy rates are just about at a level that neither stimulates nor restrains growth. But in order for the Fed to engineer a soft landing from last year’s heady growth ...