The most favourable thing that can be said of President Trump’s 2017 tax cut — whose cost is reckoned at roughly $1.5 trillion over a decade — is that it disappointed. A harsher but perhaps more accurate judgment is that it flopped. It didn’t perform as advertised. This is not just a verdict on the past; it’s also a warning ...

The United Nations’ recent report that 200,000 Syrians have been displaced as a result of the Turkish-led military operation in the country’s northeast highlighted what many of us already knew: Syria is the worst human-rights catastrophe of the 21st century. In just the past two weeks, we have learned about more executions, beatings, and war crimes against civilians committed by ...

Samir Assaf, the head of HSBC Holdings Plc’s investment bank, referred to himself as the “last man standing” among his generation of peers in London. Last week, it was revealed that he’ll be leaving the post. It won’t be the last big change at the giant Anglo-Asian lender. Slowing global growth, declining interest rates, trade tensions and unrest in Hong ...