President Donald Trump claims he has “tremendous Democrat support” in the House for the accord he signed last year with Mexico and Canada to replace the North American Free Trade Agreement. He threatens to withdraw from Nafta if Congress doesn’t quickly pass his new trade deal. House Speaker Nancy Pelosi wants the deal, now called the United States-Mexico-Canada agreement, improved ...

India is killing off the one industry that can bring badly behaving tycoons into line while nudging savers away from an unproductive lust for gold. That industry is domestic hedge funds, which have taken seven years to reach $6 billion in investment commitments from nothing. By contrast, equity investment in India by overseas financial investors is upward of $400 billion. ...

Investors are giddy about Amazon.com Inc.’s fast-growing pool of advertising sales, which largely come from merchandise sellers buying commercial messages to make their goods more prominent on Amazon’s website. Calling this “advertising” is true, but also a misnomer that leads investors to imagine a Google-like marketing machine inside Amazon. It’s not – or not yet, at least. Amazon’s advertising is ...