The question that swirls around Donald Trump’s inaugural address is whether his aggressively pronounced policy of America First will actually result in America Last — not literally last, but declining in power and prestige because the United States no longer views its role in the world as promoting economic and geopolitical stability for our allies. Instead, he imagines a …

  As if the bond market wasn’t facing enough headwinds, with inflation starting to stir and the Federal Reserve forecasting a faster pace of interest-rate increases. Now we get news that China dumped more US Treasuries in November than any time since 2011. It’s premature to say the $66.4 billion of net sales were in response to Donald Trump’s election …

  Chelsea Manning may be getting out of prison in a few months, but the effects of former President Barack Obama’s commutation of her sentence will last far longer. In this case, Obama made a serious error of judgment. Proponents of clemency for Manning, the former U.S. Army intelligence analyst convicted in 2013 of leaking classified material, make plenty of …