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Nobody should be surprised that the Justice Department has opened an investigation into the NFL’s antitrust exemption — but it’s far from clear how this game will end. For the record, I’m not a big fan of the NFL’s business model. Among the aspects I find loathsome (its embrace of gambling is at the top […]
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. […]
September 25, 2025, 2:51pm In a recent review for The Baffler, Adrian Nathan West considered a pair of novels written as responses to existing classics. This got me thinking about literary reboots. There are lots of novels adapted from myths (Madeline Miller’s Song of Achilles, Chigozie Obioma’s An Orchestra of Minorities). The fairy tale has […]
Ray Dalio, billionaire founder of one of the world’s largest hedge funds, said on Sunday that President Trump’s trade war has brought the US near to recession. He was asked on NBC’s “Meet the Press” if he thought the world’s largest economy could dip into recession, usually understood as a meaningful decline in output, as a result of […]
Governments around the world are uncomfortably watching their borrowing costs rise, following the lead of the U.S. Treasury market. But even in a global rout in bonds, Britain stands out. British government bonds, known as gilts, are suffering a particularly harsh sell-off, as investors recoil from the country’s low economic growth, stubborn inflation and high […]
Christian Klein, CEO of the software group SAP, during the annual press conference. Europe’s largest software manufacturer SAP is today announcing its figures for the past financial year. Uwe Anspach | Picture Alliance | Getty Images Europe should avoid regulating artificial intelligence and focus its attention on the results of the technology instead, the CEO […]
February 2, 2022, 11:37am Ambo Anthos, the Dutch publisher of Rosemary Sullivan’s The Betrayal of Anne Frank, has indefinitely suspended printing of the book after central elements of research were called into question. The book’s thesis—that the Frank family’s location was leaked to the Nazis by Arnold van den Bergh, a Jewish notary—has been criticized […]
