Here’s an interesting exercise: Compare what is arguably President Donald Trump’s signature policy achievement, the late 2017 tax cut, with perhaps his top policy goal, a wall on the border with Mexico, in purely numerical terms. Set aside for the moment all the political and social arguments about immigration and the border. The companies in the S&P 500 have already ...

Italy’s agreement to sign on to China’s Belt and Road Initiative has unnerved European and US leaders who hoped for a united front against Beijing’s geo-economic ambitions. “Endorsing BRI lends legitimacy to China’s predatory approach to investment and will bring no benefits to Italian people,” White House’s National Security Council (NSC) warned via Twitter. While Chinese investment in Europe is ...

You know the situation must be dire if a company’s shares spike after it confirms plans to dilute shareholders. Japan Display Inc., a maker of screens for the iPhone and other gadgets, jumped as much as 14 percent. The catalyst was a brief statement from the company earlier in the day that said it was aiming to reach agreements this ...