China is cracking down on firms, but it’s not about long-term financial health, economist says

China’s crackdown on capital flight and high leverage has a lot more to do with politics than economics, an independent economist said Tuesday. “The issue is that the economy is politicized, especially in China in the last few years,” Andy Xie told...

Justice Dept. to Take On Affirmative Action in College Admissions

By CHARLIE SAVAGE August 1, 2017 WASHINGTON — The Trump administration is preparing to redirect resources of the Justice Department’s civil rights division toward investigating and suing universities over affirmative action admissions policies...