Openly expressing admiration in France for former U.K. Prime Minister Margaret Thatcher is a bit like asking for ketchup with your entrecote. Or it was. Francois Fillon, an avowed Thatcherite, is the new front-runner in France’s 2017 presidential election. He came from far behind to win France’s Republican nomination for the presidency, taking 67 percent of votes in Sunday’s …

  In the days since the election, Republicans have realized that they are in a tight spot on Obamacare. They seem to be lurching toward a strategy that will make it tighter. Republicans have vowed over and over again to repeal and replace the health-care law, but they do not yet have a detailed plan or the votes to enact …

     Rest in peace, VIX. You’re no longer the fear gauge for global markets. The Bank for International Settlements has found a better barometer to capture the nervousness that starts as a slight reduction in global banks’ leverage, is magnified by European lenders as a dollar squeeze in Asian supply chains, and reverberates around the world as a financial …