The Memorial Day gathering in Kiryat Shmona, like countless others across Israel in early May, begins in the morning at the local military cemetery. Everyone stands in silence as a siren blasts for two minutes. Wreaths are laid, speeches are made, and tears are shed.

Later, about 20 people, young and old, sit around the table in the main room of a public housing apartment in this city near the Lebanese border. They help themselves to pasta, shawarma, cakes, and coffee, and they remember German Rozhkov.

Like most 18-year-olds, Kyler Kennard didn’t know what he wanted to do with the rest of his life. So after graduating from high school he put off college and took a job as a technician at a subsidiary of Canon U.S.A. Inc., a division of imaging company Canon Inc., near his home in the Dallas suburbs.

Kennard had already been preparing for a career in media technology through a youth apprenticeship program at his high school. He says his job at Canon pays $20 an hour and comes with good benefits—a lot more enticing than his other options, driving for

Unlike the exploding home price bubble that triggered the 2008 financial crisis and left millions of foreclosed properties in its wake, this is an affordability crisis. The biggest risk to the economy now is a deep and prolonged sales slump that could give the $4 trillion industry a starring role once again in the

Economic and political turbulence is rattling South Asia this summer, drawing chilling comparisons to the turmoil that engulfed neighbors to the east a quarter century ago in what became known as the Asian Financial Crisis.

An increasingly popular sales pitch on Wall Street goes like this: If you’ve insured your home against some disaster, or even a total loss, shouldn’t you do the same for your investment portfolio? In the case of a house or apartment, the danger would be fire, flooding, or perhaps a devastating storm. In the financial markets, it might be a sudden spike in volatility and a rapid decline in prices that wipes out months if not years of gains.

For investors of all stripes, from the most august institution to the scrappiest day trader, the current maelstrom of sustained inflation, never-ending pandemic, war, rapidly rising interest rates, swooning tech stocks, and crypto collapse—what economic historian Adam Tooze calls a

For fans of professional sports, the insistent overtures from the crypto industry have become almost impossible to miss: The names of exchanges and blockchain companies are emblazoned on team jerseys, plastered on stadiums, and beckoning from halftime TV commercials. They’re talked up by prominent players who enjoy lucrative endorsement deals.

This nascent band of businesses has moved aggressively since last year to match the advertising muscle of beer brands, carmakers, telecom service providers, and other stalwart sports sponsors.

Armstrong’s message led to some resignations, and tons of media coverage ahead of Coinbase’s public stock listing. Detractors, including former Twitter CEO

When the Swatch was born four decades ago, the plastic timepiece breathed new life into the staid Swiss watch industry, which was struggling to compete with cheap quartz models from Asia. By the early 1990s, Swatch sales soared to about 20 million a year as consumers snapped up the colorful designs that married Swiss-made precision with an affordable fun factor. That boost provided financial cover for the slow-motion comeback of struggling high-end manufacturers (Blancpain,

Figure out what everyone needs. Moors

On July 6 a doctor at the Mount Sinai West medical center in New York threaded a 1.5-inch-long implant made up of wires and electrodes into a blood vessel in the brain of a patient with ALS, or amyotrophic lateral sclerosis. The hope is that the patient, who’s lost the ability to move and speak, will be able to surf the web and communicate via email and text simply by thinking—the device will translate his thoughts into commands sent to a computer.

Like many successful products that come from Silicon Valley startups, Dall-E became a phenomenon during a testing period when it was available to only a relatively small group. The hype built with online chatter from early adopters, who documented the highlights on Twitter and Reddit, giving the broader world a taste of what was to come.

Let’s say you come home and there’s a gorilla sitting on the couch in your nicely appointed living room. You are partly to blame for leaving the door unlocked, but world events have also conspired to let him in the door.

You are carrying a baseball bat. But you know that getting into a fight with an unruly 300-pound beast is going to wreck the house. You try nudging him out the door without creating a lot of collateral damage, but that doesn’t work. So now it’s clear that some furniture is going to get broken.

Abortion-rights activists are warning of the consequences of weak digital privacy protections in a post-Dobbs landscape. Even before the decision, law enforcement had been honing tactics that could now be used against people seeking an abortion in states where it’s banned—or beyond.

Academics have found that searches for

On Sept. 17, Sotheby’s premieres the first exhibition exclusively featuring Black jewelry designers, followed by a sale that runs in person and online until Oct. 10. The sale will be a watershed—and many would say long-overdue—moment for the industry, elevating 21 Black jewelry designers to a global stage for the first time. “Brilliant & Black: A Jewelry Renaissance” features 63 works, including both designers’ signature pieces and custom creations for the exhibition, that showcase their different styles and techniques.

The exhibition is the brainchild of Black jewelry author, editor, and stylist Melanie Grant, who was galvanized by the Black Lives Matter movement to find a way to make a difference in the jewelry world. Grant has worked at The Economist and its sister publication 1843 for 15 years and authored the coffee-table book Coveted: Art and Innovation in High Jewelry (2020).

Bloomberg Businessweek’s first Best B-School’s Diversity Index provides a window into the racial, ethnic, and gender makeup of U.S. MBA programs. Half the score is based on race and ethnicity, the other half on gender.

The context within which we launch the Diversity Index is the historic national reckoning on race that was triggered by the killing of George Floyd. Our mission in rolling it out is to assess and rank B-Schools based on the degree to which they are addressing the institutional racism and discrimination that have excluded certain minority groups and women from U.S. MBA programs. Diversity details for each of the 84 schools in our U.S. ranking can be found here, and we provide a full explanation of the new index in our Methodology.

Paris has no shortage of exquisite hotels—the $1,565-a-night Four Seasons George V, the contemporary Hôtel de Crillon, and Princess Diana’s favorite, the fairytale-like Ritz—but even in this rarefied air, few convey luxury quite like the new

When Broadway shut down in March 2020, the cast and crew of the musical Six dispersed, some returning to homes as far away as London, others hanging out in New York City and teaching classes over Zoom. Only the show’s set stayed in place, lit by a single ghost light in the Brooks Atkinson Theatre, a block from Times Square.

The campaign against economic inequality has put a bullseye on cities. Local governments are encouraged to raise minimum wages, change their zoning laws and build more housing, particularly in affluent communities that are squeezing out the lower class.

But what if you shifted that focus to a different kind of community? Consider these burgeoning new places strung along the interstate and other highways leading away from urban cores, populated by warehouses and fulfillment centers that are being built to serve the needs of e-commerce customers. Let’s call them “factory towns.”

Interest in outdoor pastimes soared during the pandemic as health concerns forced a rethink of many indoor activities. That didn’t escape the attention of mergers-and-acquisitions bankers.

It’s only September, but so far this year companies have announced $11 billion in leisure-related takeovers in North America. That’s the highest annual volume since 2006, when private equity firms gobbled up travel-services companies Travelport and Sabre Holdings in a pair of multibillion-dollar deals.

The pandemic-era rental market in Manhattan gave people the chance of a lifetime to move into the apartment of their dreams. Ten months is all they got.

Landlords are jacking up rents — often by 50, 60 or 70% — on tenants who locked in deals last year when

The tipster’s award, the second-largest ever, includes $40 million from the SEC and $70 million from a related action brought by another agency, according to a

And yet. We found out Wednesday that residential rental values in London fell at the sharpest annual pace in more than a decade in August. The dip “reflects a decrease in demand, partly because of the adaptation of remote working meaning that workers no longer need to be close to their offices,” according to the country’s the Office for National Statistics.

Not so in New York City, where rents are approaching pre-pandemic levels. Some neighborhoods are now even more expensive than they were before. My colleagues just wrote a harrowing tale of renters who had scored deals during last year’s doldrums facing lease renewals that shocked them — increases of as much as 70%.

Now, you could say (and many have!) that these renters should have known better than to expect rock-bottom prices to last forever. Some said they...

Jaeden Powell says she was hesitant to share her opinion with co-workers at her first job at a New York investment bank. As a young Black woman, she wasn’t sure where she fit in. “There weren’t a lot of people who looked like me in the room,” Powell says.

Now the 24-year-old is the first to occupy a spot aimed at students from underrepresented groups at