Bloomberg Chinese state-backed developer China Jinmao Holdings Group Ltd. said its Hong Kong office was searched in a corruption probe. The company’s shares fell as much as 3.3 percent in Hong Kong on Wednesday and JPMorgan Chase & Co. downgraded the stock. Jinmao and its units are not the subject of the investigation, the company said in a filing to ...

Ben Bernanke is worried — and perhaps we should be, too. As chairman of the Federal Reserve from 2006 to 2014, it was Bernanke who, along with others, prevented the worst recession since World War II from becoming the Great Depression 2.0. Now he fears that, should another sharp recession occur, the Fed won’t be able to contain it. Traditionally, ...

There’s a bit of a phony debate breaking out about Donald Trump’s accomplishments. On the one hand, the president himself is his usual bombastic and factually inaccurate self about what he’s done in office. In a series of tweets over the weekend, Trump claimed “perhaps no Administration has done more in its first 9 months than this Administration. Over 50 ...