How the ‘Queen of the Skies’ transformed air travel and our global community. Read More
For more than two centuries, the evolution of travel has given presidents from FDR to Truman to Nixon a broader view of the world. Read More
Stocks have defied conventional Fed wisdom lately. Read More
"To paraphrase Abraham Lincoln, the Chinese commercial state cannot stand divided against itself. China will not cease to exist, but it will... Read More
“WeChat is the most popular communications platform in the world for Chinese speakers.” Those are the words of Johns Hopkins... Read More
The non-story of the week is — or rather, should have been — the OPEC+ meeting of the world’s top oil exporters, who meet virtually on... Read More
We should heed the example of the U.K. and Canada, where single-payer is a disaster. Read More
Last year’s tax refunds were supersized for many families. Economic impact payments, an increased child tax credit and expanded... Read More
Less IRS funding means more tax evasion. Read More
Periodically, some commentator suggests that in many American cities, someone with a very comfortable income is actually barely getting by.... Read More
Hochul will “only” increase spending by 2.4% for the fiscal year that starts April 1. Read More
What’s scarier than a Republican debt ceiling crisis? A Republican debt ceiling crisis launched by officials who have no idea what... Read More
News headlines are filled with speculations about the U.S. debt limit. Most prevalently, whether Treasury could be forced to... Read More
Democrats and Republicans took different, sometimes contradictory, lessons from the last standoff. Read More
Well-respected investment firms expect non-U.S. stocks to outperform. Here are Morningstar’s best international-stock and ETF picks today. Read More
The following chart suggests the stock market still has an outsized influence on the economy. Read More
We live in an age of contextless slogans. It is the stock in trade of Instagram Influencers, TikTok Investors, and grinding side hustles. Read More
There's plenty of evidence the Fed is winning. Read More
What the Fed can do in case of a technical default. Read More
The FOMC runs from panic to panic, never willing to admit that they made mistakes that helped create the panics. Read More
We avoided peak oil through loose money and tight oil. But it's still coming. Read More
Will this strong January for the markets lead to a strong 2023? Commonwealth CIO Brad McMillan puts the Wall Street maxim to the test. Read More
We are closing in on what we think may be the question of the decade. If a majority of stock market capitalization in the US is passive or... Read More
“Note: This column was written by an actual person and not an artificial intelligence program.” Read More
There’s a stunning disconnect between perceptions and the data. Read More
Household finances are in ok shape, actually. Read More
One of the main jobs of central banks is to keep prices under control, allowing households and businesses to plan for the future with some... Read More
January 30, 2023 Mr. Kevin Hallock President of the University of Richmond 410 Westhampton Way, Richmond, VA 23173 Dear Mr. Hallock: One of... Read More
Recent Republican attacks on the business community, including its leading advocacy group, the U.S. Chamber of Commerce, arguably contributed... Read More
Rising interest rates, and lessons learned, will make investors think twice before taking big risks on unproven founders.Another season... Read More
On March 23, 2021, the Predatory Loan Prevention Act became law in the state of Illinois. Billed as a way to protect needy borrowers from... Read More
Deglobalization would be a disaster for the whole world Read More
A bomb has gone off in the Indian business world, all thanks to a scrappy Wall Street short seller. Read More
When Republicans might as well be Democrats, what’s the point of having Republicans? Or voting for them? Well, some of... Read More
Despite the growing threat of a global recession, Senate Democrats are still trying to raise the U.S. corporate tax rate. Even though... Read More
Retirement planning involves estimating how long you'll live. Yet just 37% of people surveyed came close to identifying average longevity. Read More
The stunt hiring of Maya Rudolph as spokesperson probably isn't going to be the laugh riot — or sales boost — Mars, Inc. imagines. Read More
After a painful 2022, the opportunity set is far better than it was a year ago. For the first time in several years, certain assets and... Read More
Historical data can be a valuable gut check for worst-case scenarios. Read More
Ambitious renewables mandates by local governments are eroding the electric grid’s reliability, with alarming consequences. Read More
What FTX customers lost may not impoverish them, but they were still cheated. Read More
The “everything store” has gotten junkier and more chaotic. But, for the company, it’s only good business. Read More
What can Napster tell us about the future? Read More
The QE flipside — red ink everywhere Read More
January 30, 2023 Mr. Kevin Hallock President of the University of Richmond 410 Westhampton Way, Richmond, VA 23173 Dear Mr. Hallock: One of the most basic tenets of our Judeo-Christian heritage is gratitude, a concept that is apparently unknown to you and the Board of the University of Richmond. However, this concept was not unknown to the Williams family, educated and erudite people, schooled in ... Read More
Stocks have defied conventional Fed wisdom lately.... Read More