Business

Once that’s done, though, what isn’t important, in the larger scheme of things, is timing market peaks and troughs. During the great financial crisis, for example, I spent an inordinate amount of time as a journalist speaking with so-called experts about when they thought the stock market would rise or fall. In retrospect, I believe…

Panel discussions, back-to-back private meetings, negotiations to get into the best parties: The World Economic Forum in Davos, Switzerland, was back to its prepandemic form this year, as leaders convened to discuss the state of the world. It was the first Davos gathering since 2020 without any Covid-related restrictions, as fears about the pandemic almost…

A few years ago, desperate to avoid being acquired by a hedge fund, staff members of The Baltimore Sun made public pleas for a local entrepreneur to buy their publication. That request was recently realized: A Maryland businessman, David D. Smith, bought the storied newspaper, returning the 186-year-old newspaper to local hands for the first…