Here’s a phrase you haven’t heard much about Tesla Inc. lately: It all makes sense now. By “it,” I mean these events since January 1: Tesla announced it sold about 91,000 vehicles in the fourth quarter of 2018, more than double the level of the second quarter. That included more than 63,000 Model 3s. The company said capital expenditure in ...

Emerging markets are missing out on the trade of the decade. Green shoots are everywhere. China’s factory activity is finally stabilising, and the Federal Reserve may even cut interest rates this year. Both should be great news for stocks around the world. But nervous investors are busy selling instead, redeeming $2.6 billion of their holdings in emerging-markets ETFs over the ...

Nato Secretary General Jens Stoltenberg was a courteous guest during a joint session of Congress, playing down current frictions within the alliance and praising President Donald Trump’s effort to get Europe to pay more for its own defense. This was more than just astute diplomacy: It was recognition that, despite the impression given by Trump’s many disparaging remarks about Nato, ...