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America Is Depleting a More Powerful Weapon Than Its Missiles

2026-03-29 15:00:04

It was reported last week that the Iranian missile inventory has been depleted from about 5,000 to a thousand or so, and that the US and its allies are now firing one or two Patriots at each incoming airborne threat, in place of the clusters unleashed at the start. In other words, both sides are experiencing munitions shortages.

HDFC Chair’s Departure Leaves India Inc. in the Lurch

2026-03-28 20:00:07

A bank chairman who departs without fully explaining himself only heightens market’s fears.

Prisons Are Emptier. Will Psychiatric Hospitals Fill Up?

2026-03-28 20:00:04

A fact of American life that probably doesn’t receive enough attention is that the number of people in prison or jail in the US has fallen by 459,000, or 20%, since 2008. Adjusted for population, the decline is 27%.

From ‘Harry Potter’ to UK Steel, Sequels Are Everywhere

2026-03-27 23:25:24

Whether it’s tariffs or TV, repeating the same ideas rarely delivers better results.

Larry Fink and Making BlackRock Great Again

2026-03-27 21:00:06

Going all-in on national capitalism misses where US investment growth comes from.

Will the US Toast France’s Pernod Ricard Swallowing Jack Daniels?

2026-03-27 20:36:13

Pernod Ricard SA’s talks to acquire spirits rival Brown-Forman Corp., the owner of Jack Daniel’s whiskey, may seem like small beer; the combined company would have annual sales of about $15 billion, still less than Diageo Plc’s $20 billion or so. But the mooted tie-up is an indication that distillers and brewers need to find radical solutions to the pressures on the booze industry. Much like makers of snacks and seasonings, they’re having to get more creative.