We are defining prosperity down — or, more accurately, prosperity is defining itself down. We are eight years into the recovery from the Great Recession, the unemployment rate has dropped to 4.4 percent, the stock market is pushing record highs, and consumer confidence seems robust. And yet, the economy doesn’t feel as good as it looks. Anxieties lurk. There ...

  When Tesco Plc was in crisis, many investors wanted Archie Norman to become its chairman. Instead, he’s ended up at another storied but struggling British household name: Marks and Spencer Plc. M&S isn’t in as much of a pickle as Tesco was, but it is striving to revive its clothing business while the consumer environment is about to get ...

  The dereliction of duty is breathtaking. In pushing the American Health Care Act through the House of Representatives, Speaker Paul Ryan and his Republican conference have voted to remake almost one-fifth of the US economy. They did so without public hearings, without input from outside experts, without analysis by the Congressional Budget Office and without, finally, much compunction or ...