Here’s a Man-Bites-Dog Story: A Newspaper That’s Doing Well
In a world of failing newspapers, free weeklies like The Chronicle of Glens Falls, N.Y., are still finding readers. All it takes is owners w…
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Private Equity Is Stuck With 33,575 Unsold Businesses
Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investo…
Oil Prices Climb and Stocks Dip on Stalemate in Iran War
Hopes were dashed over the weekend for a breakthrough on the Strait of Hormuz.
Kalshi’s C.E.O. Isn’t Interested in Management Advice
Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematica…
A Maine Town, Once Dependent on a Paper Mill, Tries to Move On
For over a century, Madison Paper Industries was a small Maine town’s economic engine. A new owner moved in, but uncertainty persists.
Can Netflix Save a Summer Slump With a Stunt on Sunset Boulevard?
The streaming giant, still looking for this year’s blockbuster, paid an actor to spend three days inside a billboard in Los Angeles to pro…
Trump Restarts Battle to Fire Sitting Fed Governor
The Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook, sent the Federal Reserve governor a lette…
The Bond Market Is Signaling Rising Risks. Investors Should Listen.
While the Fed didn’t raise rates, the bond market did. That means hardship for home buyers and higher hurdles for A.I. data centers and th…
Labor Market Shifts Into Reverse as Employers Balk at Hiring
A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.
A Pope From Chicago Was Elected. The White Sox Were Resurrected.
The elevation of Pope Leo XIV, a Chicago native and lifelong supporter of the Sox, was a godsend for a team failing on the field and with fa…
Drought Threatens a Vital Economic Artery in the Heart of Europe
The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and pre…
China’s Robots Know Kung Fu and Can Scale Walls. Can They Woo Investors?
Unitree Robotics wants to raise about $900 million in an I.P.O. that tests market interest in humanoid robots, a technology that wows but ha…