Saturday , 7 February 2026

Recent Posts

This town was left to die, and suddenly economists care

Suppose a bunch of economists were to show up in the Virginia town of South Boston to preach the benefits of free trade. How would local people react? In an old, red-brick tobacco warehouse near the Dan River, W.W. “Ted” Bennett Jr. ponders the question. The former state delegate looks over his shoulder, squints a bit, then says with southern …

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Buffett approaches a milestone he dislikes

It’s a milestone Warren Buffett probably wishes he weren’t approaching. Berkshire Hathaway Inc., the conglomerate he’s run for more than five decades, reported that it held just shy of $100 billion in cash at the end of the second quarter. While that figure highlights the staggering money-making ability of the businesses he’s collected over the years, it’s also a burden. …

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Baby boomers: Housing sector’s new dominant force

Jake Yanoviak is hunting for houses. On a weekday afternoon in North Philadelphia, the 23-year-old painter cruises along on his bike, its black paint obscured under stickers from breweries and rock bands. He turns onto a side street, where he spots a few elderly neighbors, standing on adjoining porches. He parks, leans on one handlebar and makes his pitch. “Anybody …

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