The latest US government report on climate change illustrates how expensive the phenomenon can be: It estimates that more frequent flooding, more violent hurricanes and more intense wildfires, among other things, have cost the country $1.1 trillion since 1980. What’s particularly striking, though, is how much the report and others like it are still missing. For two decades, researchers have ...

Britain’s housing market is vanishing before our eyes. It’s not that prices are in free-fall — so far — but the number of transactions actually completing is dwindling fast. The slowdown in London has worsened sharply since June. Houses of all prices have been hit, the data from the Land Registry show. By September, the drought had hit hardest those ...

When it comes to ethics, appearances matter — as Wilbur Ross is learning the hard way. ‘Appearance,’ Plato observed, ‘tyrannizes over truth.’ President Donald Trump’s administration should keep that in mind when attending to its latest conflict-of-interest scandal. According to news reports based on leaks from a Bermuda law firm, Commerce Secretary Wilbur Ross did not disclose business ties with ...