He also found that investing in profitable companies performs as well as investing in cheap stocks. Novy-Marx defines profitability differently than most. He uses gross profitability, not line ...

Wolfgang Streeck’s new book Taking Back Control? argues that the neoliberal era of free trade and trickle-down rhetoric lies ...

Everybody’s talking about the artificial intelligence (AI) revolution. AI’s creeping omnipresence is undeniable: it’s infiltrating every gadget and platform — from our fridges (must they really be ...

The Big Picture / In the malignity of his intent and the scale of his graft, the second term is significantly worse. But it’s ...