Gloom is dissipating for emerging markets, and they can thank American influence. There’s a lesson there, and a payoff. With the Federal Reserve approaching a pause in its interest-rate increases, pressure on nations like Indonesia will lighten significantly. No longer will they have to hike interest rates to buttress local currencies; they may conceivably get scope to cut. That’s a ...

When European Union (EU) leaders met in Brussels on Sunday to finalise the Brexit divorce agreement, they made one thing clear: There is no Plan B. But some Conservative lawmakers, skeptical the deal will get through parliament, are working hard on, yes, Plan B. Their basic idea – the Norway option – isn’t new. Sometimes that rumpled piece of paper ...

Bitcoin is in crisis. You can never really declare it dead — the idea of an electronic currency that is theoretically borderless and lawless will always live on somewhere — but its price has slumped 80 percent in less than a year, wiping about $700 billion off cryptocurrency markets. Where does it go from here? True believers are betting on ...