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Patrick Semansky / AP Rethinking America’s ‘Dark Ghettos’
A Harvard professor argues that fixing America’s urban poverty will require a dramatically different approach.
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Lucas Jackson / Reuters Black Wealth in the Age of Trump
The president-elect has pledged tax reform and job creation—policies that should theoretically help poor and minority Americans. Will they?
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Udo Keppler How American Business Got So Big
The country is living with the consequences of 35 years of lax antitrust enforcement—including lower wages and costlier consumer products.
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Mike Reddy Can America’s Companies Survive America’s Most Aggressive Investors?
So-called activist investors are increasingly gaining control of legacy corporations, forcing them to trim payrolls and downsize research operations—and, quite possibly, damaging the entire economy.
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Mark Kauzlarich / Reuters TPP’s Death Won’t Help the American Middle Class
The Trans-Pacific Partnership would have increased regulations on foreign labor, potentially making U.S. workers more competitive.
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Shannon Stapleton / Reuters Business Leaders Give Trump a Mixed Reception
CEOs and investors weigh in on what the new President-elect means for them, their employees, and the economy.
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Brendan McDermid / Reuters The Financial Markets Have Accepted a Trump Presidency
Shares are moving higher based on the president-elect’s campaign promises. How long will the positivity last?
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Robert Galbraith / Reuters Does the Economy Really Need to Keep Growing Quite So Much?
Questioning a basic orthodoxy
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Lucy Nicholson / Reuters Uber and Lyft Are Failing Black Riders
Technology was supposed to prevent the racism and sexism that pervade the cab industry. But, surprise, it’s not so easy to get rid of discrimination.
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Andrew Kelly / Reuters The Best Business Reads of October
The month’s most interesting stories about money and business from around the web
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Dado Ruvic / Reuters How Facebook’s Ad Tool Fails to Protect Civil Rights
The company’s platform lets advertisers exclude people of certain races from seeing their content. That’s a serious problem when it comes to promotions such as housing, credit, and jobs.
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Eric Risberg / AP The End of Public Transit?
Start-ups are proving more efficient than government in areas like transportation. Should some services be privatized?
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Elizabeth Shafiroff / Reuters Does Wall Street Turn Good People Bad?
A new book takes a philosophical approach to assessing the morality of modern finance.
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Jason Reed / Reuters The Slow Slog Toward ‘Full’ Employment
The current job-creation streak is one of the longest on record. Is that a good thing or a sign of trouble?
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Paul Sakuma / AP Why Economic Growth Is So Lackluster
Theories on what’s behind one of the biggest puzzles facing America today
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Suzanne Plunkett / Reuters The Millions of Americans Without Bank Accounts
Even as more people gain access to basic financial services, a large segment of the population is still financially invisible.
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Peter Nicholls / Reuters Would Cutting Corporate Tax Rates Really Grow the Economy?
Ireland and the U.K. both tried it, but the few upsides they saw may be hard to replicate.
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Alana Semuels / The Atlantic How the 'Losers' in America’s Trade Policies Got Left Behind
The U.S. has not figured out how to help people whose jobs were outsourced overseas. Can the problem be solved?
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John Locher / AP No, Most Black People Don’t Live in Poverty—or Inner Cities
In his debates and speeches, Trump implies that African Americans are concentrated in urban cores. They’re not.
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Jonathan Ernst / Reuters What Will Happen to the Consumer Financial Protection Bureau?
A federal court has ruled the agency’s structure is unconstitutional.
