Until yesterday, I tended to agree with the argument that outlining an exit from the war in Afghanistan was, well, the least-inspiring way to deploy 30,000 troops there. Then I recalled the true nature of troop morale. A Pakistani journalist also clued me in to the view of the...

Put down that "The End is Nigh" sign and take a look at these numbers: The Dow has rallied 20% from its low on March 9th. New and existing home sales are up 5%. Demand for big-ticket goods actually increased last month for the first time in almost a year....

I received a "WSJ NEWS ALERT" in my inbox on Thursday reporting, with strange urgency, the results of a new survey: "Economists' Hopes for Second-Half Recovery Fade," it read.

No economic growth this year: Is this breaking news to anyone? Anyone anywhere? I doubt it.

Our economic...

It was a different kind of auto show this year in Detroit. Gone were the celebrity presenters, the pyrotechnics, the herd of cattle escorting new pickups to the media pool. Those days are over. The "industry climate," to use bailout-speak, is worse than Detroit's weather -- which is freezing and...

Senators McConnell and Shelby wrecked the auto bailout. They gave a litany of reasons, the basic gist being the Big 3 can't compete with Toyota. It's a valid concern. But, well, what about Toyota? Unlike the Big 3, foreign automakers have plants throughout the South. So do Southern GOP Senators...