Warsh’s Big Test at Jackson Hole

A Nepali city struggles to handle the many bodies on its riverbanks.

STEPHEN MOORE: Data centers aren’t just buildings. They are economic engines

On November 17, 1863, Abraham Lincoln signed an executive order fixing the eastern terminus of the transcontinental railroad at Council Bluffs, Iowa. A modest town on the Missouri River became Mile Zero of the infrastructure that built industrial America. By the early 20th century, eight major railroads ran through Council Bluffs, and a farm-state river crossing had become one of the great junction points of the American economy.

Asda returns to growth after more than two years

CEO Allan Leighton says lower prices and an improved online service are attracting more shoppers Asda has heralded its first quarterly growth in more than two years as the supermarket’s boss said it was attracting more shoppers with lower prices and an improved online service. Allan Leighton, executive chair of the UK’s third-largest grocer, said a 0.2% rise in sales at established stores, excluding fuel, in the three months to the end of June was “a huge milestone” which was...

Anna Unger becomes head of Hungary's top anti-corruption body NVVH

The National Asset Recovery and Protection Office is given sweeping investigative and prosecutorial powers. Choosing its head sparked heated debate among experts and politicians and even a surprise withdrawal. One of the new Hungarian government's key pledges was to recover state assets and financial instruments that have been unlawfully managed or have gone missing and to prevent further abuses.