A U.S. default would send a shock through the global economy and risk the credibility of the U.S. dollar.  It would also alarm U.S. allies while presenting a gift to its adversaries.

The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

There has already been extensive analysis of the mistakes in finance, real estate, and regulation that came together in 2008 to produce the worst recession since the Great Depression of the 1930s. Bu…

Taiwan’s President Tsai Ing-wen will visit the United States next month. China is sure to retaliate, but how far it goes will say a lot about the trajectory of cross-strait and U.S.-China relations.

A historic dry spell has severely affected Cape Town's water supply, and global climate patterns suggest that other cities may face the same fate.