If you haven’t started raising interest rates in earnest already, forget it. Central banks that have dawdled have missed the cycle. Growth seems to have peaked, and markets are signaling potential trouble. For those outside the US who tightened consistently, this is a prudent time to look around and reassess. Nations that could reasonably have been expected to raise borrowing ...

Investors are throwing billions of dollars at connected cars. The technological advances that enable vehicles to be linked into wireless networks promise greater efficiency and, in theory, safety. They also open the possibility of being watched and monitored more closely — and that may be a problem for China’s self-proclaimed rival to Tesla Inc. Nio Inc., the electric-vehicle maker that ...

Sergio Ermotti, the chief executive officer of UBS, will hope that the selloff battering global markets is merely a “healthy correction,” as some investors have described it, rather than something more serious. The past five years have seen the boss of UBS Group AG deliver on a promise of reliable returns and dividend payouts, largely by boosting his wealth management ...