Think of the intelligence community and its fragile array of secret relationships as a china shop. Think of President Trump as a bull, restless and undisciplined. For months, we’ve been watching the disastrous collision of the two. Trump’s latest self-inflicted spy scandal was the disclosure this week that he had boastfully revealed to Russian visitors his knowledge of highly classified …

It’s now clear that cyberattacks are a fact of life for corporations and governments. What’s less clear are the winners and losers among companies focused on stopping the digital break-ins. News about the WannaCry digital extortion attack that crippled hundreds of thousands computers worldwide caused predictable stock market euphoria on Monday. As tends to happen when there is a highly …

In a fresh sign of confidence about the euro zone’s recovery, the European Commission has just upgraded its growth forecasts for the bloc. This raises a question: Should governments now start tightening fiscal policy to put their public finances on a sounder footing? It depends. Many euro-zone countries have worryingly high levels of public debt, and the best time to …