It will take more than a snap election to fix Turkey’s fundamental economic problems or provide more than a temporary lift to the long-suffering lira. Turkey’s currency got a boost last week from President Recep Tayyip Erdogan’s surprise decision to call an early election for June 24 that he’s expected to win. The poll pre-empts → Read More

Over the past several weeks, one of the biggest questions in the U.S. stock market was whether major internet and technology companies were at the end of a major multiyear rally, one that single-handedly lifted the broader market over the course of 2017. While the stocks — known by the acronym FAANG, which stands for → Read More

Ford Motor Co.’s move to drop sedans from its lineup is equal parts turnaround bid and a calculated bet on the future of driving. Ford F, +2.88%  late Wednesday surprised markets by saying it will stop making sedans for the North American market, killing such cars as the Fiesta and the Taurus. Surviving the cut → Read More

Getty Images Quarterback Josh Allen #17 of the Wyoming Cowboys throws against the UNLV Rebels during their game at Sam Boyd Stadium on November 12, 2016 in Las Vegas, Nevada. In 2018, building consensus is seemingly akin to finding Atlantis. There is comfort and passion in divisiveness. So it should come as no surprise that, → Read More

The attorneys general from California, New York, and Oregon filed a motion at an appeals court Thursday, seeking to protect the interests of millions of their current and future retirees after the court vacated the Department of Labor’s fiduciary rule on March. The AGs say that the Department of Labor “appears ready to abandon its → Read More

In 1993 Sarah Kerruish was part of a filmmaking crew commissioned by tech start-up General Magic to visually capture the creation of their handheld wireless communications device, which enabled the user to download information and receive messages. Or as is it’s called today, a smartphone. “They were totally evangelized and passionate in the belief that → Read More

Every year, millions of high school students across the country recall vocabulary words, work through math problems and fill out bubble sheets under time pressure with the hope of getting into their dream school. But new evidence suggests that there may be a benefit to curbing that anxiety-ridden ritual. When colleges allow students to apply → Read More

A ballooning budget deficit combined with a rising current-account deficit are raising the odds the U.S. could suffer an emerging-markets-style debt crisis, analysts at Deutsche Bank warned this week. To be sure, danger doesn’t appear imminent and the odds may even be overstated, but the risk is rising and shouldn’t be ignored, wrote Quinn Brody, → Read More

STANFORD, Calif. (Project Syndicate) — Technology and the largest tech firms are becoming increasingly controversial. Today, there are growing concerns about third parties accessing and manipulating Facebook user data; and before that, there was a raging debate about whether the government should be able to unlock devices belonging to suspects of terrorism or other crimes. → Read More

Crude-oil prices are on their second straight year of gains, but investors would never know that by looking at Exxon Mobil Corp.’s share performance. Exxon XOM, +1.01%  will have another shot at reversing that trend on Friday, when the oil giant is scheduled to report first-quarter earnings before the bell. Oil prices have gained nearly → Read More