Almost immediately after she safeguarded her position as leader of the Conservative Party on December 12, Prime Minister Theresa May headed to Brussels to try to gain concessions from the European Union (EU) before a second vote in Parliament on a Brexit deal. Her tireless efforts are commendable. But if success eludes her in the next few weeks, her negotiating ...

Britain’s latest retail sales report won’t save Christmas. The volume of goods sold in stores and online jumped 1.4 percent in November compared with October, according to the Office for National Statistics, smashing through the 0.3 percent forecast in a Bloomberg survey of economists. Excluding fuel, the increase was 1.2 percent. Black Friday discounting seems to have played a big ...

Fourty years ago, Chinese leader Deng Xiaoping launched the most dramatic economic transformation in history by encouraging his countrymen to “emancipate” their minds and “seek truth from facts.” The reforms that followed — he called it socialism with Chinese characteristics — were stunning in their impact. China’s GDP today is more than 80 times bigger than it was at the ...