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They Called the Speed a Hundred and Two Seconds Before the Crash
The Deal Was Structured to Avoid a Filing. The Filing Is Now the Investigation.
Somebody Said It Out Loud. Nothing Changed for Ninety More Seconds.
The Oil Curve Has Been Handed Something to Argue With
The Import Ban Is the Headline. The Services List Is the Instrument.
A War With a Published End Date Is a Different War
The Most Expensive Decision Is the One You Reverse Halfway
Publishing Has Been Planning for Fewer Buyers. It Should Plan for Fewer Readers.
The Clause That Matters Is the One Sending Data Back
The Pump Is Where the Shock Reaches the Household
The Contracts Were Public All Along. It Took Litigation to Read Them.
Fifty Thousand Measles Cases, and the Thousandth Child Has Died
The Big Read
The Long ViewMore People Have Now Died From That Day Than Died On It
An anniversary is usually a measurement of distance from an event. This one measures an event that has not finished, and the ceremony has been amended to say so.
White roses set into the incised names on the Memorial parapet, where one is placed on a name each year on that person’s birthday. The ceremony now holds seven moments of silence, and the seventh is for people who were not killed that day.
The Long View
The Chipmaker Bought the Neutral Ground
A distribution layer is worth most when it is neutral and worth most to an owner when it is not.
The Numbers
Twenty-Eight Points of Reading, Which Is About a Year and a Half
A test score is an unpopular thing to take seriously.
Infrastructure Everybody Depends On Should Not Be Owned by a Competitor
Coverage Should Follow the Approval, Not the Advice
You Cannot Delegate the Thing You Have Never Done
Feature
The Most Expensive Room in the Building
Companies keep attacking crowded calendars.
The Market Was Offered an End Date and Bought the War Instead
A political prediction only moves a curve if the people with money at risk believe it.
Every State Agrees It Matters. Twenty-Five Require It to Be Taught.
A country that agrees entirely about the importance of a day has fifty separate answers to how it should be passed on, and nobody designed the aggregate.
Twenty-Five Years Later, One Rule Has Been Given Back
Emergency measures are adopted in days and removed in decades, if at all.
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How to submitThe Picture
The Delinquency Rate Improved. The Level Is Still the Worst in Fifteen Years.
Opinion
Infrastructure Everybody Depends On Should Not Be Owned by a Competitor
Opinion
Coverage Should Follow the Approval, Not the Advice
The Numbers
Two Thirds of the Chip Money Went to Running Models, Not Training Them
The Long View
Eight Hundred Billion a Year Is Not a Boom. It Is a Run Rate.
Latest News
Everything we have published, newest firstHouseholds Paid Down $74bn of Mortgage Debt Into the Highest Rates in Years
Mortgage balances fell by $74bn in the second quarter, to $13.1 trillion. Households do not usually retire debt when the alternative uses of cash pay this well, and the composition of who is paying and who cannot refinance explains more about the housing market than any measure of affordability.
Two Governments Now Sell Permission to Use the Same Water
Iran's security council secretary says a restricted maritime zone will be declared within days, running from the US blockade line through Hormuz into the Gulf, with uncoordinated vessels placed on a list affecting their insurance and future passage. American forces have already redirected 87 ships. A master cannot satisfy both.
The Aircraft Was Still Flying Where It Should Have Been Stopping
An overrun is usually not a braking failure. It is a landing that used the part of the runway the braking was going to need.
In Thirty-Six Races This Year, Being a Woman Decides Nothing
A milestone counts how many got in. A race between two of them stops counting anything, and starts behaving like an ordinary election.
The Numbers
One Contract Pharmacy in 1995. Thirty-Two Thousand Five Hundred Now.
The 340B discount programme was built so safety-net hospitals could buy drugs cheaply for their own patients. It ran through a single contract pharmacy in 1995 and through 32,528 of them by 2024. Two bills now in Congress propose opposite explanations for how that happened.
The Corpus Is Everybody's. The Cheques Go to the Mastheads.
Publishers reported AI licensing as meaningful revenue in first-quarter earnings, and Meta has signed deals with People Inc. and USA Today Co. among others. Almost all the money has gone to large newspapers and wire agencies. The training data did not come from a smaller share of everyone else.
The Pause Protected the Negotiators, Not the City. It Expires Tonight.
On Saturday this paper asked whether the 72-hour halt on strikes against Kyiv and Moscow would be extended, and said a return to strikes the moment the aircraft left would mean the pause was hospitality. The talks ended without a breakthrough. Zelensky expects the war to run into winter. The undertaking runs out at the end of Monday.
The Numbers
Four Thousand Jobs, and None of Them on the Line
Jaguar Land Rover confirmed the cuts on Monday. They are voluntary, they are salaried and management, and they are non-production. This paper said on Saturday that the thing to watch was which functions. That is the answer, and it is not the one the week's reporting had prepared people for.
What We’re Following
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The Best Organising Year in Decades Still Loses Ground
Workers won NLRB elections at the highest rate in decades last year — 93,517 of them, up 19 percent. Union density is 10.0 percent, and 14.7 million members in a workforce of about 147 million. Both numbers are real. One is a flow and the other is a stock, and the arithmetic between them is unforgiving.
The Unemployment Rate Cannot See a Job That Was Never Offered
A layoff produces an unemployed person and a statistic. A post that is never advertised produces neither, and the labour market's main instrument is built to miss it.
Opinion Voices
Argument and analysis from our columnists
Featured Voices
The reporters and editors behind the coverage
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Technology Correspondent
Daniel Okafor
Markets Editor
Margaret Holloway
Editor-at-Large
The Story So Far
The Hormuz Closure10 stories
- 11 Sept The Market Was Offered an End Date and Bought the War Instead
- 10 Sept A War With a Published End Date Is a Different War
- 9 Sept The Strikes Moved From the Ships to the Places the Ships Load
- 8 Sept Two Governments Now Sell Permission to Use the Same Water
- 5 Sept The Strikes Are Unconfirmed. The Warning Is the Escalation.
- 5 Sept The Missiles Came From the Guard. The Retaliation Hit the Revenue.
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The Ports Fixed Themselves. The Roads Behind Them Did Not
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Everyone Diversified Their Model Suppliers. Almost Nobody Diversified the Layer Underneath
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Agencies Cannot Hire Fast Enough to Spend What Congress Appropriated
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The Equipment Lease Was the Last Easy Credit. It Is Not Any More
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The Delivery Room Is the First Thing a Rural Hospital Closes
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The Quiet Revenue Line in Your Index Fund
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School Districts Are Budgeting for Students Who Never Arrived
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The Cranberry Brief