A more powerful but unfriendly Russia could pose America and the West with plenty of problems. But there is a real chance in the years ahead that we may instead confront a *weaker* Russia: controlled by an ambitious and aggressive directorate surprised by the course events are taking, and not shy about resorting to nuclear diplomacy.

How is capital spending affecting the economy?

As China grows less predictable and the United States less willing to shoulder its responsibilities, familiar patterns of bilateral relations must change.

While markets are again correctly obsessing over Italy and Spain’s poor economic growth prospects, as reflected in markedly higher government bond yields for those two countries, they seem to have taken their eye off two upcoming political events that could usher in a new and more serious phase of the...

In the short run, tax cuts at the federal level will be necessary to offset sharp tax increases at the state and local level.

U.S. policymakers are breaking new ground with important reflationary measures to move the economy onto a path of sustainable recovery.

Ahead of their next debate November 22, the Republican presidential candidates are getting executive briefings on hot-button foreign policy and national security issues. But you don’t have to run for president to get a speed-read.

Within a plan to reduce outlays by $6.2 trillion over the next decade, Paul Ryan has found a way to replace $214 billion of the $487 billion in military spending cuts in Obama's budget.