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Editor's Pick

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different...

Editor's Pick

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its...

Editor's Pick

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get...

Editor's Pick

Chris Edwards State and local subsidies and narrow tax breaks for businesses are growing. These benefits—called incentives—include grants, loans, tax credits, and tax exemptions...

Editor's Pick

Jeffrey Miron and Jacob Winter Standard economic reasoning suggests that prohibitions reduce the production and consumption of the outlawed good or activity. Penalties for...