If I buy a house for $1 million in cash at 70, will I run out of money by 90?

Today’s global imbalances, starting with China’s massive trade surplus, are not simply the result of poor macroeconomic coordination. Rather, they reflect long-term strategic thinking and a departure from the bias toward openness on which the postwar trade order was built. PARIS—Global imbalances are moving back to the top of the policy agenda, reflecting angst about…

The company has shed more than $800 billion in market value from its $2.67 trillion peak in less than a month.

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Christopher Nolan’s “The Odyssey” is off to an epic start. The Universal film adaptation tallied an estimated $124.5 million in its opening weekend as audiences flocked to premium large-format screenings, especially IMAX theaters. “Death, taxes, and Christopher Nolan,” said Shawn Robbins, director of analytics at Fandango and founder of Box Office Theory. “He’s reinvented the…