China-US relations have deteriorated faster than almost anyone could have expected. The question looms: Are the two countries leaping with their eyes closed into a so-called Thucydides Trap, with war possible between the rising and the established power? The US is driving this process and should reflect carefully whether it’s in Americans’ best interests to continue down this path. China ...

It wasn’t a dream or an exaggeration by cautious Facebook Inc. executives. The company’s financial results are weakening, just as executives warned they would a few months ago. Everyone knew that at some point Facebook wouldn’t be able to continue posting eye-popping revenue growth and profit margins. What was surprising was how quickly the brakes came on. Early in 2018, ...

Italy may have dodged one blow, but its fight is far from over. After escaping a ratings downgrade from S&P Global Ratings last week, the government bond auction was the next test of investor appetite. October 30 saw 2 billion euros ($2.3 billion) of five-year and 2.5 billion euros of 10-year bonds offered. With the country enmeshed in a budget ...