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The Future of America’s Economy Looks a Lot Like Elkhart, Indiana

The Future of America’s Economy Looks a Lot Like Elkhart, Indiana

The capital of RV manufacturing, which once had the worst unemployment rate in the U.S., is now facing labor shortages, rising home prices and wages. As the U.S. turns the page on a decade of postcrisis underemployment, scenes like this are becoming more common.

Published 2 months ago

Chart: All the Goods Targeted in the Trade Spat

Chart: All the Goods Targeted in the Trade Spat

In the U.S.’s tit-for-tat with China over trade, what exports are on Beijing’s and Washington’s lists for new tariffs?

Published 2 months ago

A Spoonful of Sugar Helps the Sales Go Up: Cereal Makers Return to the Sweet Stuff

A Spoonful of Sugar Helps the Sales Go Up: Cereal Makers Return to the Sweet Stuff

Going healthy didn’t work. To get consumers to eat cereal amid declining sales, big food companies are doubling down on sugary goodness.

Published 2 months ago

In Pricey Cities, New Residents Make Much More Than Those Leaving

In Pricey Cities, New Residents Make Much More Than Those Leaving

Expensive American cities are losing lower- and middle-income families, not just to the suburbs but to completely different metro areas.

Published 2 months ago

JPMorgan Chief James Dimon Likes the Bank’s Growth Prospects, Despite Risks

JPMorgan Chief James Dimon Likes the Bank’s Growth Prospects, Despite Risks

JPMorgan Chase chief James Dimon shared an optimistic view of the bank’s growth prospects in his annual shareholder letter published Thursday.

Published 2 months ago

Saudis Want Fewer Weapons, More Disney in U.S. Business Talks

Saudis Want Fewer Weapons, More Disney in U.S. Business Talks

Crown Prince Mohammed bin Salman is trying to cut deals in Hollywood and Silicon Valley to build massive data centers, open movie theaters and create an entertainment industry.

Published 2 months ago

Why Emerging Markets Are Hanging on the Fate of Silicon Valley

Why Emerging Markets Are Hanging on the Fate of Silicon Valley

Technology shares now dominate emerging markets like commodities once did, leaving those indexes even more exposed than U.S. benchmarks to selloffs in the sector.

Published 2 months ago

To Buy a Car in China, Hit the Vending Machine

To Buy a Car in China, Hit the Vending Machine

China’s Alibaba has opened a car-buying vending machine, part of the e-commerce giant’s latest effort to translate its success in online retailing to the physical shopping world.

Published 2 months ago

Shipping groups boost Ireland-EU routes ahead of Brexit

Shipping groups boost Ireland-EU routes ahead of Brexit

Freight hauliers plan to bypass UK ports as concern grows about queues and red tape

Published 1 second ago

Stocks Extend Recovery as Trade Concerns Ease

Stocks Extend Recovery as Trade Concerns Ease

Global indexes jumped as investors welcomed signals that the U.S. and China are open to negotiations toward resolving their standoff over tariffs.

Published 2 months ago

In School Shootings, Most Guns Come From Home

In School Shootings, Most Guns Come From Home

Guns in the home ‘is a very important element that has been lost in the current debate’ over raising the minimum age of gun purchases

Published 2 months ago

Pershing Square Faces Wave of Investor Redemptions

Pershing Square Faces Wave of Investor Redemptions

William Ackman, the famed shareholder activist, is losing investors at a rapid pace and facing a future that would no longer include managing a private hedge fund.

Published 2 months ago

Turkey and Russia Forge Bond as Trump Weighs Syria Exit

Turkey and Russia Forge Bond as Trump Weighs Syria Exit

Just two years ago, Turkey and Russia were at each other’s throats. Now, a tactical bond between the two countries has become a reality, fueled by rising anti-American sentiment in Moscow and Ankara alike.

Published 2 months ago