Donald Trump’s plans for infrastructure spending are finally materializing, and they already have no shortage of critics. But I think the critics should ease up, and give the president-elect a chance. The plan’s most heavyweight critic is the Federal Reserve Chair Janet Yellen. In a recent speech to Congress, Yellen cautioned against spending too much on infrastructure, warning that …

  On Monday, I cast doubt on the many stories about how Black Friday retail sales were off to a disappointing start. This is an important story because retail is such a critical part of the U.S. economy, and because such a large share of the industry’s sales occur during the roughly five weeks between Thanksgiving and Christmas. But the …

  In Sunday’s referendum, Italy will be voting on two things. The first is the question on the ballot — whether to support Prime Minister Matteo Renzi’s proposal for constitutional reform. The second is whether the country wants Renzi, who’s made this vote a test of confidence, to stay in charge. The answer to both questions should be yes. First, …