China has marked the latest ratcheting-up of trade tensions with a misplaced history lesson. Far from worrying about its economic role in the world, the US should recognize just how well the two nations already support each other, according to a white paper released by China’s State Council: China-US bilateral trade has a strong complementarity. The US stands at the ...

Let there be no doubt, the budget that the Italian government is about to pass is a remarkable act of economic self-harm. It could take a long time to repair. The measures defy the rules of prudent debt management in order to fund outlays that will do little to improve Italy’s competitiveness. Most important, they tell investors that the populists ...

As in any relationship between people, once a company loses the trust of its customers, there is a long, lingering period of suspicion that the company will do something egregious again. There is suspicion that greedy banks will take on too much risk again. That Chipotle will make customers sick again. And that Facebook Inc. is too creepy and irresponsible ...