Smartphone sales may be stagnating, but one particular strand of technological wizardry behind them is not. Companies that make the sensors powering your phone’s camera and facial recognition system are preparing for a mini boom. The slowdown in global smartphone sales has made life tougher for semiconductor makers. Chips giants from Qualcomm Inc. to Samsung Electronics Co. Ltd. have all ...

If you want an unequivocal example of how Brexit has hurt the British taxpayer, look at Royal Bank of Scotland Group Plc. Since its record-breaking bail-out in the financial crisis, the Scottish lender has struggled to get back on its feet. It tried shrinking its trading businesses, shedding assets and eliminating costs — only to be stymied by a string ...

Federal Reserve Chairman Jerome Powell tried to thread the needle between dovish and hawkish at his press conference, but realistically had no hope of pleasing market participants who thought a series of interest-rate cuts were already in the bag. The Fed just isn’t there yet. This reduction in rates was the insurance against bad outcomes. Going forward, conditions will need ...