Klarna, StubHub and Medline have put on hold their initial public offerings. Jaguar Land Rover has paused all car shipments to the United States. Nintendo has delayed taking preorders for its new game console, the Switch 2, to assess the effect of tariffs on prices. President Donald Trump is ...

A hard-won Senate confirmation was not enough to keep the aroma of scandal away from Secretary of Defense Pete Hegseth for long. As labels like “Signalgate” or, as I call it, “the Big Ooops” struggled for dominance in headlines, Hegseth’s fellow Republicans struggled to ignore ...

John Maynard Keynes famously said, “Markets can remain irrational longer than you can remain solvent.” The point being that, even if you’re right about where the stock market is bound to go eventually, the market doesn’t have to follow your route or timetable in getting there. Since ...

As a child I frequently visited relatives in southern Indiana. A great uncle tried to keep me from exploring his cellar (as they were called then) by telling me the boogeyman was down there and would “get you” if I descended the stairs. It worked. Boogeymen are nothing new. They have ...

Hi, my name is Jeffrey the Macaroni Penguin. I am the prime minister of the penguin contingent on Heard Island, which was recently informed by Donald Trump, the president of the United States, that we would be subject to a 10% tariff due to an alleged trade imbalance with his country. I’d ...

A Wall Street Journal editorial described President Donald Trump’s tariffs as the “dumbest trade war in history.” It’s important not to overrate intelligence, even in leaders. Judgment and maturity may be more crucial. But Trump is no ordinary dunce. He displays a stubborn stupidity ...