Can we run the economy ‘hot’? To those who think that President Trump’s economic policy is simply an extended programme to make the rich richer, there is another, more subtle possibility. The focus on the rich, while understandable, simplifies and misrepresents Trump’s larger ambition. This is to create an economy that is operating at the outer edges of its productive ...

Macy’s Inc.’s latest earnings report was a message for doubters: Don’t count us out just yet. The department-store giant said comparable sales in the fourth quarter increased 1.3 percent over a year earlier, an upbeat result for a company that hadn’t recorded growth on this measure since the final quarter of 2014. And the retailer suggested it expects to keep ...

This week’s annual Mobile World Congress comes at a turning point for the industry: 2017 was the first year in four that mobile phone sales fell. The action on the convention hall floor, combined with some nearly buried findings in one operator’s annual results, may signal the next big thing in mobile growth. The smartphone age is certainly not over, ...