Bloomberg About 1,500 workers at three Indiana factories are facing layoffs despite hopes that President Donald Trump would convince the companies to reverse plans for moving production to Mexico. United Technologies confirmed that the first wave of about 50 layoffs happened last week at its electronics plant that had about 700 workers in Huntington. The plant in the northeastern …

  Should you trust economists? For many people nowadays, the answer is “no.” Economists failed to predict the Great Recession. Their prescriptions — quantitative easing, for example — didn’t seem to help speed the recovery much. During the past three decades, a lot of their big policy ideas — financial deregulation, tax cuts, privatization and the free movement of capital …

  Even Inditex SA can’t defy gravity forever. The Spanish owner of the Zara fashion chain is still delivering the sort of sales growth rivals can only dream about. Same-store sales rose 10 percent in the year through January, the fastest rate in 14 years. By contrast, many competitors are struggling to generate growth on the same basis. But the …