With its blistering pace of comparable sales growth in the second quarter, Walmart Inc. threw down the retail gauntlet when it reported earnings last week. Target Corp answered with some impressive results of its own. The big-box retailer reported that comparable sales increased 6.5 percent in the second quarter over a year earlier, its biggest growth on this measure in ...

Over the past decade, a lot of capital has flowed into emerging markets thanks in part to excessive liquidity in advanced economies. This money has often found its way into risky or suspect investment structures. Should a crisis strike — say, contagion from Turkey — investors in these markets will be exposed to risks that they simply aren’t prepared for. ...

With the latest round of trade talks between the US and China ending in a predictable stalemate, one thing has become clear: The Trump administration’s approach to these negotiations has made it all but impossible for Chinese President Xi Jinping to make a deal. Until that changes, there’s no end in sight for the tariff-for-tariff tussle between the two countries, ...