Countries usually don’t knowingly commit economic suicide, but in Britain millions seem ready to give it a try. On June 23, the United Kingdom will vote to decide whether to quit the European Union, the 28-nation economic bloc with a population of 508 million and a gross domestic product of almost $17 trillion. Let’s not be coy: Leaving the EU ...

  The economic recession triggered by the drop of oil prices and the El Nino weather phenomenon, which has caused the country’s hydroelectric dams to run low, have combined to bring the once-booming Venezuela to its knee. Venezuela’s revenue, highly dependent on oil exports, has dropped from $80 billion in 2013 to between $20 billion and $25 billion in 2015, ...

  Justin Fox Amazon.com and Facebook had great earnings reports this week. They also reported spending a lot of money on the future. Capital spending was up 35 percent at Amazon and 125 percent at Facebook in the first quarter compared with the same quarter last year. Research and development spending was up 28 percent at Amazon and 26 percent ...