It seems like only yesterday that journalism faced existential challenges from technology platforms that helped anyone publish whatever they wanted, took over the distribution of news, and usurped the advertising market with promises of precise targeting. It turns out that the news profession can be quite successful at repelling those challenges. The enemy is in retreat; the news business just ...

OK, the shutdown is over. But no one should be fooled into thinking that this settles the big questions facing the country. Even if (a big ‘if’) the immigration laws are overhauled and the nearly 700,000 ‘Dreamers’ stay in the United States, at least three large issues remain that neither party has yet had the courage to confront. Here they ...

It’s time the world’s largest pension fund boosted its risk appetite again. Japan’s Government Pension Investment Fund (GPIF) has been fleeing local government bonds ever since it doubled its allocation targets for domestic and overseas stocks in late 2014. It’s likely to have already exceeded that quota due to the global equities bull run. As of September 30, the latest data ...