Donald Trump made a seemingly momentous announcement on Monday, jettisoning a presidential campaign’s worth of assertions that he would deport millions of undocumented immigrants and close what he has repeatedly called an “open” border. Fox News anchor Bill O’Reilly, who interviewed Trump, was obviously stunned. After telling Trump that the news media is “running wild with this,” he asked …

I miss 2011. Looking back, that was the heyday of economic blogging. The financial crisis had abated, but the recovery from the recession was disappointing, and everyone was talking about how to jump-start growth. Macroeconomics was important again. Now, with the U.S. economy having returned to some semblance of normal, and with political threats looming, the finer points of macroeconomic …

  Bloomberg Google is investing hundreds of thousands of dollars apiece in virtual-reality films and programs, part of a plan to line up exclusive content for the debut of its new Daydream service in the coming weeks, according to people familiar with the matter. Google will help promote projects from Hulu LLC and fund the production of 360-degree videos with …