There’s no economic crisis in China. There is a slowdown. That can be a good thing. Yes, China is the second-largest economy and deeply enmeshed in the planet’s commercial map. That’s all the more reason it needs to keep becoming a more normal economy, with a more mature pace of growth. That will increasingly be driven by consumers and technology, ...

Corporate tax cuts were basically the last hope for supply-side economics. This economic doctrine, which became popular in the 1980s, holds that taxes distort the economy a great deal, and that cutting taxes therefore produces big gains in growth. Those gains are assumed to eventually result in higher wages for workers, leading some to derisively label the idea as trickle-down ...

The market for initial public offerings (IPO) had been giving off warning signals long before this week’s rout in global stocks. The two are connected — and the human investors had a lead over the robot traders. London saw two big IPO disappointments which happened to be divisive stocks with strong bear cases. Online lender Funding Circle Holdings Plc, down ...