US economy

Trump Claims ‘Night and Day’ Change on Border, Announces Czar

President Donald Trump claimed migration through the U.S. southern border has already slowed dramatically following a deal with the Mexican government, and that former Immigration and Customs Enforcement Director Tom Homan would return to his administration as “border czar.”

Case for Cutting Rates Can Be Found in Close Calls of the 1990s

The Federal Reserve usually cuts interest rates because bad things are happening. Sometimes, though, it cuts rates because the risk of bad things has gone up -- like taking out an insurance policy.

Elizabeth Warren and Donald Trump Converge on Economic Populism

Senator Elizabeth Warren presents herself as the antithesis of President Donald Trump, yet they share a populist economic vision as they seek to channel the grievances of working-class Americans who have been left behind by globalization.

As Tariffs Loom, U.S. Firms Say Buying American Not Viable

Stephen Pelkey said he has scoured the globe to find fireworks that match the quality of what he buys from China, without success.

Trump’s 2020 Re-Election Campaign Wants Discipline. Does the Candidate?

President Trump’s path to a second term starts not in Florida, Pennsylvania or Wisconsin, but in the pages of a corporate-style branding book developed inside a spacious and well-equipped campaign office.

U.S. Slow-Walks Digital Tax Talks, Hoping to Wear Down Allies

The Trump administration is deep in talks with 129 other countries on implementing a new standard for taxing digital companies, including Alphabet Inc.’s Google, Facebook Inc. and Inc. —- but its heart lies elsewhere in the discussions.

Global Economy

Republican Sen. Grassley Challenges Trump on Some Trade Policies

Jun.13 (Dow Jones) – Few sectors of the American economy have been hit as hard by the U.S.-China trade conflict as the corn and soybean farmers whom Republican Sen. Chuck Grassley counts among his Iowa constituents.

Candidates in Guatemala Target Economic Roots of Migration, but Abandon Graft Agency

Jun.13 (Dow Jones) – An election here at the source of a regional surge in migration looks set to deliver a president focused on tackling the economic roots of the crisis, aligning the country with the approach of its northern neighbor Mexico.

Hong Kong Upheaval Puts Beijing in a Bind

An attempt by Hong Kong's leader to push a Beijing-backed extradition bill galvanized unprecedented resistance to tighter mainland control, presenting Chinese President Xi Jinping with the most high-profile challenge yet to his authority.


Trials Near for Boeing 737 MAX Fix

The Federal Aviation Administration could start flight trials of Boeing Co.'s proposed 737 MAX safety enhancement as early as this week as the plane maker's chief executive vowed to restore public confidence in the jet.


Trump Points Finger at Iran in Attacks on Oil Tankers in Gulf

President Donald Trump said Iran was responsible for attacks on oil tankers in the Persian Gulf this week, and he vowed that the key shipping lane of the Strait of Hormuz won’t be closed.

The Market’s Inflation Expectations Aren’t Making Sense

Inflation expectations implied by the price of financial assets are a key guide for central bankers and investors alike. Seeing how they have behaved of late, their credibility should be questioned.

Gulf of Oman Attacks Trigger Tighter Security on Key Shipping Routes

Governments and tanker companies were stepping up efforts to protect shipping lanes as the U.S. and Iran traded accusations over attacks on two tankers near the Strait of Hormuz, a waterway traversed by over a third of the world’s seaborne crude oil.

Calpers’ Dilemma: Save the World or Make Money?

The California Public Employees’ Retirement System was one of the first public-pension systems to tie its investments to social activism. Now it is having second thoughts.