Nobody wants to go back to a national coronavirus lockdown. France’s Emmanuel Macron and Spain’s Pedro Sanchez are ruling out blanket stay-at-home restrictions, even as Covid-19 cases surge higher. Their motives are clear: Another round of widespread lockdowns would tank the economy and split society, and would also be an admission of defeat from politicians and public-health officials who — ...

The evidence is in: At least during the first wave of Covid-19, countries with female leaders suffered far lower death rates than comparable nations led by men. This doesn’t mean that the trend will necessarily persist in a second or third wave. Nor does it imply that women are also better leaders when it comes to whatever else governments find ...

Valuing billionaire Jack Ma’s Ant Group, which filed its prospectus for a mega initial public offering, will be more art than science. It looks like a financial-services company but sells itself as a technology firm. Is it a MasterCard or a PayPal? On a number of counts, Ant is more like the former. First, the company has made a lot ...