Bloomberg Street protests against Hungarian Prime Minister Viktor Orban were held for a fourth day in a week, with opposition parties inspired by France’s Yellow Vest movement uniting in their hostility to laws allowing for more overtime and greater government control of the judiciary. Thousands rallied in Budapest on Sunday for a demonstration called “Merry Christmas, Mr. Prime Minister,” a ...

The arrest in Canada of Meng Wanzhou, the chief financial officer (CFO) of Huawei Technologies Co., China’s iconic company, is a watershed event. The arrest, made at the behest of the US Justice Department, has roiled markets around the world. It threatens to derail trade talks between the US and China, and to expose American businesses and executives in China ...

According to its most recent financial report, the US Federal Reserve is insolvent. That is, its net worth is negative: As of last quarter, the Fed had losses of $66.5 billion in its securities holdings, while its capital stands at $39.1 billion. That may be ironic for an institution tasked with ensuring that major banks have sufficient capital to maintain ...