A Wealth Tax Floated in California Has Billionaires Thinking of Leaving

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and Larry Page may be unwilling to take the risk. Read more
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Why Sears’s Last Great Hope Was a Promise That Never Materialized

Only five Sears stores remain in the country, with the end likely near for what was once the mightiest American retailer. Read more
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As A.I. Companies Borrow Billions, Debt Investors Grow Wary

Artificial intelligence companies looking to raise funds are being made to pay lofty interest rates, as debt investors become cautious. Read more
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