Russian President Vladimir Putin has been rather consistent lately in making it clear that senior officials were not immune from corruption charges. Yet Economy Minister Alexei Ulyukayev’s arrest in the wee hours of Tuesday still stands out. It raises questions about the future of Putin’s highly professional, technocratic economic team as well as one of the president’s closest associates, ...

  Pity the poor pension fund manager. Toward the end of October, there was finally a chance to add some yield to a European fixed-income portfolio by lending money to Austria for 70 years at a yield of 1.53 percent. The sale raised 2 billion euros ($2.2 billion); it could have fetched more than six times as much, given the ...

  There will be the temptation to see Hillary Clinton’s defeat as evidence that a woman can’t rise to the top. If we’re not careful, the dominant gender will whisper in the backroom, let’s not nominate one of them again. But it will happen, nonetheless —and thanks to Clinton. Just seeing her win her party’s nomination and triumph in three ...