Big corporations are booming on AI and record profits—but small businesses face tariffs, rising costs, and job cuts, widening America’s economic divide

The economic fortunes of low- and high-income Americans are diverging. The same pattern is happening with companies. 2025-12-25 10:30:00 Harriet Torry

Continue ReadingBig corporations are booming on AI and record profits—but small businesses face tariffs, rising costs, and job cuts, widening America’s economic divide

Capital Account: President Trump’s social-media post shows worries about Kevin Hassett miss the point. Trump’s conditions compromise all the candidates.

President Trump’s social-media post shows worries about Kevin Hassett miss the point. Trump’s conditions compromise all the candidates. 2025-12-24 10:30:00 Greg Ip

Continue ReadingCapital Account: President Trump’s social-media post shows worries about Kevin Hassett miss the point. Trump’s conditions compromise all the candidates.