As President Trump prepares to appraise the state of the union, it’s worth remembering what still ranks as one of the worst decisions of his presidency: the withdrawal of the United States from the Trans-Pacific Partnership (TPP). It happened just about a year ago. You’ll recall that the TPP was an agreement between the US and 11 other countries — ...

Snubbing JPMorgan Chase & Co. investment bankers may soon become the norm in one pocket of Corporate America. But the bigger picture justifies the sacrifice. The largest US lender said on Tuesday that it’s teaming up with Berkshire Hathaway Inc. and Amazon.com Inc. to lower the cost of US employee health-care coverage. The move sent a shock wave through stocks ...

With elections in sight, India’s government is under pressure to loosen fiscal policy in its budget on Thursday. Tempting as this may seem, it would be a mistake. Chief economic adviser Arvind Subramanian has made the most candid argument for relaxing the country’s tough fiscal stance: Given the political calendar, promises to honor the targets simply wouldn’t be believed. He ...