Market
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Business
Trust the Models? In This Economy?
Historical data has always been critical to those who make economic predictions. But three years into the pandemic, America is suffering through an economic whiplash of sorts — and the past is proving anything but a reliable guide. Forecasts have ...
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Business
To Rein In Big Tech, Europe Looked Beyond Lawsuits. Will the U.S. Follow?
The largest American banks are classified as “systemically important” and subject to more stringent scrutiny. Some lawmakers want to do the same for Big Tech.
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World
FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry
Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
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Business
Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The group, known as OPEC Plus, appears to have decided during a teleconference that there was no reason to alter policy amid the ...
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Business
Mutual Funds That Consistently Beat the Market? Not One of 2,132.
No actively managed stock or bond funds outperformed the market convincingly and regularly over the last five years. Index funds have generally been better.
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Real Estate
More of Your Paycheck Is Going to Pay Rent. Which Cities Are Keeping Pace?
Since the start of the pandemic, the average U.S. renter is working six hours more each month to cover housing costs.
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Business
Job Openings Ease, but Layoffs Are Little Changed
Government data for October shows the labor market is still strong, though cooling slightly.
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Food
I Ate My Way Through the Tin Building’s Restaurants. Here’s Where to Go.
It took at least half a dozen trips to the Tin Building, the new market and food hall at South Street Seaport presided over by the chef and ...
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World
The Best 50-Year-Old Investing Advice Money Can Buy
Investing in broad-based index funds seems unambitious — a fallback for people who lack the confidence to pick stocks that will outperform the ...