Business

All the arguments for and against rent control miss this little fact. The wealthiest sometimes really like the arrangement when they get to benefit from it, and don’t own apartment buildings where the regulations put financial constraints on them.The original article from the Wall Street Journal (here’s a gift link…

During my decades-long campaign in the high-stakes world of energy trading and utility operations, I’ve seen two very different types of “battlefields.” The first is the one I entered as a young leader—a Darwinian, “survival of the fittest” environment where individuals competed fiercely for personal gain, and information was not…

In today’s world, where information is at our fingertips and artificial intelligence (AI) headlines dominate the financial press, it’s easy to wonder: Do high net worth individuals still need a human financial advisor? The answer, as revealed in the 2026 Value of an Advisor Study from Russel Investments, is a…

Double-digit tariffs are back, and retailers are once again scrambling to keep tariff-imposed price increases from customers. New tariffs couldn’t come at a worse time. Nearly 60% of voters say the cost of living is the worse they have ever experienced, according to a Politico poll among 2,000 registered voters.…

Long-term care costs are rising even as families struggle to keep up with increases in their ordinary living expenses, making it tougher than ever to save for personal care needs in old age. That combination is raising interest in public long-term care insurance. But what would a public program cost?…

ToplineJulie Felss Masino, the CEO of Cracker Barrel who presided over a logo change that was slammed by loyal customers, conservative commentators and even President Donald Trump, will step down effective next month, the company said Monday, though it did not give a reason for her departure.TimelineNov. 1, 2023Masino, previously…

Long-term care costs are rising even as families struggle to keep up with increases in their ordinary living expenses, making it tougher than ever to save for personal care needs in old age. That combination is raising interest in public long-term care insurance. But what would a public program cost?…

Leonard Tannenbaum’s newest venture was supposed to be a sure thing. In 2020, after selling his previous company, Fifth Street, under a cloud of investor litigation and an SEC settlement, the veteran financier recast himself as a pioneering lender to underbanked cannabis firms. Weed was booming as Americans sat out…

Following three weeks of indecisiveness, angst and mixed messaging, LeBron James finally determined his future.He announced that he will join the Philadelphia 76ers, a decision that shows he has prioritized the chance to collect two more Larry O’Brien trophies before the end of a planned 25-year NBA career. “I still…

Long-term care costs are rising even as families struggle to keep up with increases in their ordinary living expenses, making it tougher than ever to save for personal care needs in old age. That combination is raising interest in public long-term care insurance. But what would a public program cost?…

After decades of neglect, shipyard executives and forward-thinking politicians are finally realizing that workforce housing is important. In shipbuilding and advanced manufacturing, worker retention is critical in improving productivity. Access to affordable and nearby housing is a big part of that effort, and, in most shipbuilding centers, shipbuilders and politicians…

In today’s column, I examine the emerging clamor in the hallways of AI labs that the prevailing capabilities of generative AI and large language models (LLMs) are inherently limited and that we need to pursue a new pathway to make marked advances, consisting specifically of devising and infusing artificial wisdom…

Long-term care costs are rising even as families struggle to keep up with increases in their ordinary living expenses, making it tougher than ever to save for personal care needs in old age. That combination is raising interest in public long-term care insurance. But what would a public program cost?…

Christopher Nolan’s The Odyssey, starring Matt Damon, Anne Hathaway, Tom Holland and Zendaya, is being showered with praise by Rotten Tomatoes critics.Written and directed by the Oppenheimer Oscar winner, The Odyssey plays in preview screenings starting Thursday afternoon before opening in theaters nationwide on Friday. Based on the epic poem…

ToplineLionel Messi, one of soccer’s wealthiest and most famous stars, has become the subject of conspiracy theories from some World Cup watchers who accuse FIFA of displaying favoritism toward him and the Argentine team, which advanced to the World Cup final by beating England on Wednesday.Key FactsMemes of Messi dressed…