For President Trump, a lot is riding on the economy in 2018. If it continues to do well, it should bolster his popularity and his claim that he understands it better than his critics. But if it slows or drops into a recession, it would weaken that claim — perhaps his strongest selling point. So, what’s the economic prognosis? First, ...

Boeing Co.’s purported bid for Embraer SA looks low. Boeing has been aggressively pursuing a takeover of the Brazilian regional jet maker, a remarkable shift for a company that dubbed a similar combination struck by Airbus SE and Bombardier Inc. in October ‘a questionable deal’ that wouldn’t force it to change its strategic path. Many details are still being sorted, ...

In the first 18 years of the new millennium, the US economy has fared much worse than it could have. If the Federal Reserve wants to improve that performance, it should consider changing the way it manages growth and inflation. Employment among people in their prime working years (ages 25 to 54) has yet to recover to where it was ...