In The News

Half a decade after the dot-com bubble burst, the US is experiencing another boom in internet business. Economic and technological innovation has sent costs into free-fall, encouraging small start-ups to enter high-tech markets considered too expensive until recently. Advances in computer chips, high-speed internet access and open-source software have reduced operating costs dramatically: Web...

For more than 20 years, one man has supervised Yale University's endowment portfolio, which regularly posts high annual rates of return, averaging more than 16 percent. Surrounded by academics and holding a doctorate degree himself, David Swensen invests for the long term and defies the conventional wisdom that individual investors cannot beat the markets. Yet a track record such as Swensen’...

With Democrats in charge of Congress, a protectionist sentiment could envelope Washington, DC, with politicians eager to prove that they are protecting US borders, firms, jobs and wages. The business community spent large sums to defeat candidates opposed to business interests: Executives identify protectionism as the biggest threat to growth after terrorism, and the US Chamber of Commerce spent...