We are going to have this argument repeatedly between now and Election Day: Who gave us this lengthy economic expansion, which is now in its 11th year and is the longest in American history? Is it President Trump and his economists, who claim that their policies — tax cuts, deregulation, trade agreements — have restored dynamic growth? Or is it ...

Bitcoin is back, sort of. The original cryptocurrency hasn’t regained the lofty highs of its bubble peak in late 2017, but it has climbed back up to about $10,000. Predictions that Bitcoin would collapse have not borne fruit. Despite its bubbles and crashes, the cryptocurrency is now a semi-permanent feature of the global financial landscape. What it is not, however, ...

Dan Loeb’s Third Point LLC says it has a history of working constructively with boards to promote the success of their companies. The activist’s latest goal seems to involve removing the board of Prudential Plc entirely, and dismantling the head office around it, as part of a breakup of the $48 billion insurer. That may not be as hard as ...