DeepSeek Doesn’t Scare OpenAI, Thanks to the ‘Jevons Paradox’

Economic jargon is usually confined to textbooks and business school seminars. But every once in a while, something happens in the world that drives the lingo out of obscurity and into popular discussions. One such emergence happened late last month when, following a weekend of alarm over the viability of A.I. investments, Microsoft’s chief executive, … Read more

Trump Pushes Tariff Threats on Global Scale

President Trump is pursuing a far more aggressive trade policy than he embraced in his first term, allowing his unfettered instincts about how to put America at the forefront to guide him with little pretense of investigations or extended deliberations. Since taking office, Mr. Trump has threatened punishing tariffs on goods from every global trading … Read more

Where China’s Exports Begin: Inside the Vast Markets of Guangzhou

Rows of white concrete buildings near the Pearl River in southern China house one of the world’s fastest-growing industries: Gritty workshops are churning out inexpensive clothing that is exported straight to homes and small businesses around the world. No tariffs are paid, and no customs inspections are conducted. The laborers who make these goods earn … Read more

Inside the Murdochs’ Succession Drama

On Dec. 7, Rupert formally filed his petition to strip Prue, Liz and James of their voting power. The three children quickly filed an objection, arguing that their father was abusing the narrow amendment that enables him to make changes to the family trust. Though the public was still unaware of the escalating turmoil roiling … Read more

Jim Guy Tucker, Ex-Arkansas Governor Caught Up in Whitewater, Dies at 81

Jim Guy Tucker, a former governor of Arkansas who was caught up in the long-running investigation that unsuccessfully targeted his predecessor as governor, Bill Clinton, died on Thursday in Little Rock, Ark. He was 81. His death, at a hospital, was caused by complications of ulcerative colitis, said his daughter Anna Ashton. The Whitewater investigation, … Read more