Economy will drag on Trump’s re-election hopes


MANDEL NGAN/AFP/Getty Images The U.S. economy is delivering bad news to the White House. Second-quarter growth was only 2.1% and is not likely to return to 3% on a sustained basis. Significant wage increases, booming corporate profits, and double-digit stock grains SPX, -0.62%  are not likely in the months leadingRead More →

Trump’s mismanagement of the economy is monumental


NEW YORK (Project Syndicate) — In the new world wrought by President Donald Trump, where one shock follows another, there is never time to think through fully the implications of the events with which we are bombarded. In late July, the Federal Reserve Board reversed its policy of returning interestRead More →