The retention packages for Chief Executive Officer David Solomon and President John Waldron give the latter more reason to stick around to run the place — but Goldman’s justifications go beyond that.

Still, Vanguard continues to preach diversification. “Clients always need to be balanced,” Ramji said. “We’ve been saying that for decades, in terms of the right mix between the US and international, ...

Professor Stefanie Stantcheva used surveys and experiments to study how people think about redistribution and taxes.

The IMF cut its projection for global output growth this year to 2.8% in its updated World Economic Outlook released Tuesday. That’s lower than its January forecast of 3.3% and would be the slowest ...