President Donald Trump is weighing one of his most consequential appointments: Who should lead the Federal Reserve after current chair Janet Yellen’s term ends in February? The choice comes down to whether the president wants broad continuity in the way the Fed does its job — or a big change, and the accompanying uncertainty. The US economy has done well ...

In view of the deepening Brexit gloom ahead of the meeting, last week’s amicable European Union summit was moderately encouraging: At least the talks didn’t break down. Both sides ought to understand, however, that when they meet next time, moving to actual trade negotiations is essential. Instead of negotiating the shape of their future trade arrangements, Britain and the EU ...

I always laugh when I see stories asking how many jobs the president has created. This language is common in the news media, as well as in the boasts of certain presidents. To be fair, most people understand the phrase as a shorthand for how much employment growth there was during a president’s time on the job. But many people ...