Donald Trump’s plans for infrastructure spending are finally materializing, and they already have no shortage of critics. But I think the critics should ease up, and give the president-elect a chance. The plan’s most heavyweight critic is the Federal Reserve Chair Janet Yellen. In a recent speech to Congress, Yellen cautioned against spending too much on infrastructure, warning that ...

  On Monday, I cast doubt on the many stories about how Black Friday retail sales were off to a disappointing start. This is an important story because retail is such a critical part of the U.S. economy, and because such a large share of the industry’s sales occur during the roughly five weeks between Thanksgiving and Christmas. But the ...

  In Sunday’s referendum, Italy will be voting on two things. The first is the question on the ballot — whether to support Prime Minister Matteo Renzi’s proposal for constitutional reform. The second is whether the country wants Renzi, who’s made this vote a test of confidence, to stay in charge. The answer to both questions should be yes. First, ...