So the presidential election was no fluke: The voters of France have put Emmanuel Macron’s new République En Marche (Republic on the Move) party on course for a big parliamentary majority. If this is confirmed in the June 18 runoff, Macron will control not just foreign policy but domestic policy as well. His task in reforming the French economy, as …

The social media giants based in the US may soon face a new attack in Europe: There’s a perception among activists and officials that the basis of their business model — targeted advertising — can be a threat to democracy. In a speech, Commissioner Margrethe Vestager — who, as the top European Union antitrust official, has been the nemesis of …

Markets have enjoyed a sustained rally on low volatility caused, in part, by uncertainty about the outlook for fiscal policy. Financial conditions have loosened substantially, which has presented a window of opportunity for central banks to tighten policy. The dilemma for central banks is how quickly monetary policy accommodation can be removed against the backdrop of political uncertainty and below …