Los Angeles Wildfires Will Make a Serious Housing Shortage Worse
staff With so many people displaced and looking for rentals, the region’s housing options could grow even scarcer and…
2025
Paul Oreffice, a Combative Chief of Dow Chemical, Dies at 97
He led the company as it flourished in the ’70s and ’80s while confronting veterans and environmentalists over…
Enron Is Back. And It Wants to Sell You a Nuclear Reactor.
At least that’s what its new chief executive says, after buying the company’s trademark for a couple hundred…
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles,…
Park City Strike Ends With Increase in Wages for Ski Patrollers
The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online…
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more…
Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration…
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related…
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets…
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would…