In 2017, Saudi Arabia’s ambitious, young leader, Mohammed bin Salman, unveiled Neom: a futuristic new city Saudi Arabia would build in the desert. Neom would be a hotspot for tourism like the French Riviera, a center of innovation like Silicon Valley, and a global melting pot like Dubai. It would help transform the Saudi economy. But over the years, that already bold plan grew even more ambitious. ...

President Trump’s deportations, tariffs, federal layoffs and funding suspensions have generated nonstop headlines and frayed confidence, yet left surprisingly little trace on the economy. Hiring, spending and inflation look a lot like they did under Joe Biden. As Trump’s first 100 days draw to a close, Kate Linebaugh and Molly Ball explore the state of the U.S. economy with Chief Economics Commenta...

Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors, who are flocking to a new phenomenon called the Sell America trade. WSJ’s Chelsey Dulaney explains what Sell America means for decades of American financ...