The economy has battled a lot of headwinds during the past year. Trade wars. The lagging impact of the Federal Reserve’s interest-rate hikes. A government shutdown. The good news is that with those hiccups mostly out of the way, the economy may be poised for better performance in 2020. The easiest way to show this might be the example of ...

Those who bought stocks as they soared to new records last week amid rising optimism for a trade deal are probably suffering buyer’s remorse after President Donald Trump said the US hasn’t agreed to a rollback of tariffs on China. Are those regrets warranted? As the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite Index all set new ...

You could smell the approach of Sydney’s bushfires two weeks away. Leaving my home for work last month at a time when California’s fires were at their most intense, the sandalwood odour of burning eucalyptus was heavy on air. Looking north from Bloomberg’s office to far side of Sydney Harbour, the normally sparkling blue water was a barely discernible smudge. ...