The US jobs report for November released was met essentially with a yawn by Wall Street, causing relatively little immediate movement in stock prices. This was understandable. The data’s mixed signals suggest a short-term Goldilocks scenario (neither too hot nor too cold) for markets and Federal Reserve policies. The longer-term implications, however, are more complex. Here is a summary ...

  Amid rising Hindu nationalism, the Supreme Court of India has ordered theaters to play the national anthem before films and directed moviegoers to stand at attention — no excuses. The Indian Constitution is a wonder of the world, but this decision undercuts free-speech and individual rights at a moment when the country can ill-afford it. The court, which has ...

  Bloomberg The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc’s financial regulator said in a report. The European Banking Authority said that while EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns. Presenting its ninth report on “risks and vulnerabilities in the EU banking ...