Until recently McKinsey, the legendary consultancy, was growing at a stunning pace. But lately it has found itself in the doldrums, bleeding market share to rivals. How did the firm lose its edge? And will artificial intelligence lead to more business—or less?

Elsewhere, we examine ten indicators that shed light on America’s economy. Growth may be slowing. Tariffs and uncertainty may be taking their toll. Good thing Donald Trump can’t fire our correspondent.