It’s been a tough summer for China’s movie business. In what’s usually blockbuster season, box-office sales declined for the first time in five years. In July alone, theater visits fell 15 percent. Things are looking especially grim for Chinese films: They’ve been underperforming foreign competition so badly that the government suspended a longstanding moratorium on summer Hollywood flicks intended …

  The Transatlantic Trade and Investment Partnership (TTIP) between the US and European Union (EU) has apparently been hit by trust deficit and there are signs that will be dragged out. Germany and France have showed a joint front to oppose the proposed deal as it stands today. The most stinging remark came from France’s junior trade minister Matthias Fekl, …

  I argued last week that the high cost of housing in cities such as New York and San Francisco has a bright side for the larger U.S. economy: As people who would like to live in these highly desirable but dauntingly expensive areas are priced out, they choose instead to settle in upwardly mobile communities that benefit from the …