Yangon / AFP Myanmar’s army has seized an important outpost from a powerful rebel faction during a bout of intense fighting, state media and insurgents confirmed on Sunday, in the latest blow to peace efforts. Fighting has blighted Myanmar’s border regions for decades, pitting various ethnic minority groups seeking autonomy or independence against the notoriously abusive military. The latest ...

  There is no mystery about Barack Obama’s greatest presidential achievement: He stopped the Great Recession from becoming the second Great Depression. True, he had plenty of help, including from his predecessor, George W. Bush, and from the top officials at the Treasury and Federal Reserve. But if Obama had made one wrong step, what was a crushing economic slump ...

  The unemployment rate is down to 4.6 percent, which sounds pretty good. But the unemployment rate doesn’t count people who’ve given up looking for jobs, which is why the employment-to-population ratio, especially the “prime-age” ratio for those 25 through 54, may be a better measure of the health of the labour market. After I wrote about this metric, several ...