2026-03-01 21:20:18
One can look at oil and the Middle East through two lenses. Magnify every detail from the attacks on Iran and its responses and a chaotic picture emerges. When the market reopens on Sunday night, oil prices are likely to jump 10%-15% as a result. But seen from a wider angle — looking broadly at the global economy — the energy picture does not appear as scary, even if Brent crude does jump to, say, $80-plus a barrel.
2026-03-01 21:20:04
President Donald Trump begins his conflict with Iran on a narrow ledge in public opinion. So long as the mission’s costs to America remain small, he’s unlikely to face insurmountable political pressure to end it. But he starts the war extraordinarily vulnerable to backlash if things go wrong.
2026-03-01 21:00:15
Are Alphabet, Amazon, Meta and Microsoft overplaying their hand, or will their capital expenditures pay off?
2026-03-01 21:00:13
Greg Abel has passed his first test since taking over from Warren Buffett as Berkshire Hathaway Inc.’s new chief executive officer. In his introductory shareholder letter, he emphasizes that Berkshire’s culture runs far deeper than a single man. Yet, almost in the same breath, he tells us not to worry — after all, Buffett is still lurking around the office.
2026-03-01 21:00:07
Gavin Newsom has been reveling in the attention that comes with being the early frontrunner for the 2028 Democratic presidential nomination. But the California governor also seems to understand that he has work to do to convince voters that he’s more than just a slick-talking, coastal elite with progressive politics and a pretty face. To that end, he spent much of last week in the South promoting his new memoir, “Young Man in a Hurry.”
2026-03-01 21:00:05
The city of Minneapolis and its people deserve the Nobel Peace Prize. The city was formally nominated for the prize in January by the progressive magazine The Nation, a move met with a “heck yes” by a longtime member of the editorial board at the city’s main newspaper.
