Macroeconomics is getting interesting again. For the past five years, monetary policy was simple and boring — the economy was recovering steadily, but not yet at full employment, and inflation remained muted, so the Federal Reserve simply had to keep interest rates low and not interfere with a good thing. But now this happy era of tranquility may be ending. ...

Bets on the world’s biggest car companies look a bit less safe as the US market confronts slowing sales, an obsession with trucks and ballooning numbers of used cars. Bonds of captive auto-finance companies like Ford Motor Credit Co., Toyota Motor Credit Corp., General Motors Financial Co. and Daimler AG’s financing subsidiary have been trading more like their parents in ...

Fortis Healthcare Ltd. has to admit a new owner to keep the lights on. Before it does, though, India’s second-largest hospital chain must write four of its board members a discharge slip. The country’s serious fraud office and the stock-market regulator are investigating Fortis even as it tries to sell itself to one of five serious suitors, which include Malaysian, ...