Will China ever become democratic? That question has been a staple of geopolitical discussion since the 1990s, and at times many commentators thought a democratic China was not so far away. Today, as restrictions on political speech and opposition increase, hardly anyone thinks this is a realistic scenario. Yet it’s still worth asking why China might never democratize, and what ...

The reason for the stock market’s vanishing volatility may not be what many people think. It may have more to do with local community boards or town reps than the Federal Reserve. Volatility, which has slumped this year, has been a big topic of discussion among market participants, and not all of it has been positive. Low volatility is usually ...

A new report by Bloomberg News about Russia being suspected of recently hacking a dozen US power plants, including a nuclear one, is far more serious than any possible attempt to influence an election. It could be a sign of something even scarier: two military superpowers stepping up a cyberwar in the shadows and without rules of engagement that protect ...