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Danica Kirka

Wool wrap for royal baby suggests tradition will win out

LONDON—Archie Harrison Mountbatten-Windsor slept through his first press conference, but royal experts say the merino wool wrap in which he snuggled said a lot about how his parents, Prince Harry and Meghan, the Duchess of Sussex, will approach his future.

Meghan, a former TV star, is known for promoting social causes and niche brands with her clothing choices.

May's election gamble backfires

LONDON—British Prime Minister Theresa May's gamble in calling an early election backfired spectacularly as her Conservative Party lost its majority in Parliament, throwing British politics into chaos.

The shock result could send Britain's negotiations to leave the European Union—due to start June 19—into disarray.

The pound lost more than two cents against the U.S. dollar.