Novartis ADR earnings beat by $0.23, revenue topped estimates

We thank Aisha Alsayegh, Jared Fung, Tam Le, Bingbin Li, Duong Luu, Roldan Enamorado and Nguyen Hai Thanh for excellent research assistance and Mr. Nguyen Viet Phong at the General Statistics Office Vietnam and Kyle Butts, Edmund Malesky, David McKenzie, and Jeff Zabel for helpful discussions. McCaig and McMillan thank the Private Enterprise in Low-Income…

Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.

Inside the U.S. race for drone delivery dominance

How to satisfy your inner trader without derailing your long-term investment goals.

I first met Gordon Wood in the late 1980s, when I was a graduate student attending a roundtable organized by the Institute for Humane Studies, an organization devoted to exploring ideas of freedom and the open society, now based at George Mason University. For a young academic, it was an important occasion, bringing together several…