Too much money and nothing to spend it on. That’s the problem facing cash-heavy private equity firms. They should look to Asia for answers. The region had a boom year for private equity transactions in 2017, with deals totaling $159 billion, up 41 percent from 2016 and topping the $133 billion record set in 2015, data from Bain & Co. ...

We are about a year away from the UK’s formal exit from the European Union, its biggest trading partner, and we are none the wiser as to how it will work in practice. Every day that goes by without a politically acceptable solution — one that both sides can sell to their respective constituents — leaves companies and banks with ...

Lawrence Kudlow appears to be President Donald Trump’s pick to become the top White House economic adviser. At first glance, this television personality is an odd choice to lead the National Economic Council. But that doesn’t mean he’s a bad one. Kudlow is an avid supply-sider who never met a tax cut he didn’t like. He’s famously claimed that virtually ...