Immigration is the topic of the day. The political right, after once embracing a laissez-faire policy toward immigration — President Ronald Reagan signed an amnesty for undocumented immigrants and President George W Bush tried unsuccessfully to do the same — appears to want to choke off the inflow of newcomers. Even legal immigration is being targeted for reduction. This ...

  The UK government will soon invoke Article 50 of the Lisbon Treaty to begin divorce proceedings from the European Union. The Scottish government is seeking to hold a second independence referendum before Brexit talks wind up. An otherwise uneventful Bank of England meeting had one interest-rate dissenter with others potentially sympathetic as inflation stirs. But if you look at ...

  When Donald Trump announced that he would nominate Wall Street lawyer Jay Clayton to lead the Securities and Exchange Commission, he cited the need to “undo many regulations which have stifled investment in American business.” At Clayton’s confirmation hearing this week, senators should ask exactly what that means. Scrutiny of Clayton has so far focused on his close ties ...