Germany’s midsize “Mittelstand” companies once thrived by making niche machines for factories everywhere. Now fierce competition from China is spreading panic among those manufacturers.

Midsize companies that employ millions of workers are now shedding jobs and relocating overseas to cut costs. 2026-07-04 02:00:00 Tom Fairless

Continue ReadingGermany’s midsize “Mittelstand” companies once thrived by making niche machines for factories everywhere. Now fierce competition from China is spreading panic among those manufacturers.

Capital Account: The 250th anniversary of the Declaration of Independence finds the U.S. among the richest economies in the world. Americans owe much of that to the democracy the founders built

Checks, balances and trust in personal agency made the U.S. a haven for entrepreneurs and wealth creation. 2026-07-04 00:00:00 Greg Ip

Continue ReadingCapital Account: The 250th anniversary of the Declaration of Independence finds the U.S. among the richest economies in the world. Americans owe much of that to the democracy the founders built