In a way, the debt relief deal Greece has received as it exits its bailout makes good sense: It keeps the country on a tight leash, all but eliminating the possibility that it will go on a borrowing spree in the financial markets and misspend the money as it’s done before. On the other hand, the scheme gets superimposed uncomfortably ...

The US is waging a trade ‘discussion,’ not a war — that’s how Larry Kudlow, President Donald Trump’s economic adviser, put it earlier this month after his administration hit the European Union (and other allies) with tariffs on steel and aluminum. The direct impact was seen by some as minimal, given these exports account for 0.05 percent of the bloc’s ...

John Flannery has one less reason to keep General Electric Co. together. The 126-year-old company and last original member of the Dow Jones Industrial Average was dropped from the index last week and will be replaced with drugstore chain Walgreens Boots Alliance Inc. GE’s place on the benchmark index had been an open question for some time now as a ...