UAE’s OPEC exit has been long in the works – and may mark the beginning of a Gulf realignment

The United Arab Emirates’ decision to withdraw from the Organization of Petroleum Exporting Countries will leave the oil cartel weakened at a crucial time. It also illustrates the ongoing tensions between the UAE and Saudi Arabia, OPEC’s largest producer and de facto leader. The UAE announced on April 28, 2026, that it will depart OPEC […]

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Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’

Across the business world, companies often double down on struggling ideas, retreating only after clear evidence shows they won’t work. A recent spectacular example was Meta’s metaverse push. After the organization invested US$80 billion over several years, it announced changes in March 2026 that all but abandoned its grand strategy. But many companies are following […]

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Trump administration’s indictment of the Southern Poverty Law Center breaks with norms – and may lack evidence of criminal wrongdoing

The Southern Poverty Law Center was indicted on April 21, 2026, on federal fraud charges. The Justice Department alleges that the civil rights group known as the SPLC improperly raised millions of dollars to secretly pay leaders of the Ku Klux Klan and other white supremacist and extremist groups for inside information. The Justice Department […]

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What we lose when artificial intelligence does our shopping

Americans spend a remarkable amount of time shopping – more than on education, volunteering or even talking on the phone. But the way they shop is shifting dramatically, as major platforms and retailers are racing to automate commercial decision-making. Artificial intelligence agents can already search for products, recommend options and even complete purchases on a […]

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Sorry, Tampa Bay, mixed-use districts don’t reverse the dismal economics of sports venues

When the Atlanta Braves opened Truist Park in 2017, Major League Baseball Commissioner Rob Manfred called it a “watershed” moment. What drew so much attention to the new Braves’ stadium in suburban Cobb County, Georgia, at the time was its construction within a mixed-use development, known as The Battery Atlanta. Truist Park anchors a live-work-play […]

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How personal finance advice is getting political, thanks to ‘finfluencers’

Once seen as often dry and sometimes intimidating, personal finance advice is a far cry from what it was in your grandparents’ day. It’s not just the array of new online tools, from banking apps to exotic new investing options, such as cryptocurrency. Social media has created a platform for “finfluencers” – nonprofessional personal finance […]

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What if Texas’ destructive Tax Day storm had centered on inner Houston instead? It’s why cities should plan for the improbable

Ten years ago, the infamous Tax Day storm swamped the Houston area with off-the-charts rainfall. Nearly 2 feet of rain fell in less than 15 hours in parts of the region, starting on April 17, 2016. The rain flooded thousands of homes and exceeded a 10,000-year event at some gauges. But the storm’s damage could […]

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Signs of economic instability emerge in Oakland County, one of Michigan’s wealthiest

Oakland County, home to nearly 1.3 million residents, ranks among Michigan’s wealthiest counties. But that description does not tell the whole story. Since 2020, Oakland County’s population and income have grown steadily. Over the same period, Wayne County’s population declined, and Macomb County experienced slower growth. Oakland County also has higher incomes overall. Median household […]

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How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harder

President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence. The president said on April 15, 2026, that he would fire Powell if the Fed chair stayed on in that role after his term officially ends on […]

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Why women in groups face a ‘collaboration penalty’ that solo female stars like Taylor Swift and Coco Gauff escape

When Taylor Swift’s Eras Tour became the highest-grossing concert tour of all time in 2024, hauling in more than US$2 billion, it was hailed as a breakthrough for women in music. But Swift’s success, it turns out, didn’t translate into broader gains for female artists. A closer look at the list of top-earning tours shows […]

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