Why your stock and bond index funds outsmart Wall Street's best and brightest

If the dismal past performance of mutual funds hadn't already convinced you of how difficult it is to beat the stock market, the market-lagging performance of U.S. college and university endowments ...

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. and global economies are likely to grow at below-average rates in 2026 due to major disruptions such as trade wars, the IMF said. Here, workers operate sewing machines to stitch pieces of ...

Canada Building Permits Fall 1.2% in August

The total value of building permits in August declined 1.2% from the previous month to a seasonally adjusted 11.56 billion Canadian dollars, or the equivalent of $8.23 billion, Statistics Canada said ...

Bellway Is Well Placed to Achieve Its Medium-Term Targets

Bellway is one of the UK’s largest residential property developers. It typifies the business model employed by UK homebuilders, traditionally operating in the land development, construction, and sales ...

U.K. Economy Faces Rising Risk Of a 'Hard Landing,' Says BOE's Taylor — Update

In a speech at Cambridge, Alan Taylor said the central bank's reluctance to lower its key interest rate quickly means the economy is now unlikely to nail a "soft landing" in which inflation returns to ...

Heineken to Cut or Redesign 400 Corporate Roles in Strategic Pivot

Heineken is cutting or redesigning 400 corporate roles at its headquarters in Amsterdam, with the restructuring starting in 2026.

LVMH Appoints Maria Grazia Chiuri as Fendi's Chief Creative Officer

LVMH said it named former Dior creative director Maria Grazia Chiuri as Chief Creative Officer of Fendi. The French luxury-goods conglomerate said Tuesday that Grazia Chiuri will present her first ...

Boeing Gets $2.7 Billion in Missile-Seeker Contracts

Boeing received multiple contracts valued at about $2.7 billion to produce 3,000 Patriot Advanced Capability-3 missile seekers through 2030.

Citigroup's Profit Jumps, Boosted by Dealmaking and Trading

Citigroup's profit jumped 16% in the third quarter, powered by a surge in dealmaking and trading revenue. The New York bank on Tuesday reported net income of $3.75 billion, or $1.86 a share. Analysts ...

GM will take a $1.6 billion hit as it predicts a drop in EV demand. Here's the latest setback.

The automaker sold 66,501 EVs last quarter, with GM boasting that the electric Chevrolet Equinox was the bestselling electric car not sold by rival Tesla Inc. TSLA, which leads the market. GM said its ...
Opinion

America's middle class has not been hollowed out. Far from it.

Tragically, the populists' positions have been based on myths and deceit from the beginning. They insist that somewhere around the 1970s, the American middle class was hollowed out.