Granite Ridge director John McCartney buys $10,000 in stock

Investors are worried about China’s domestic supply of chips and manufacturing tools, analysts noted.

Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.

Earnings inequality among college graduates has grown, and returns to a bachelor’s degree (BA) vary substantially across colleges. We experimentally evaluate a program that shifted high-achieving, low-income students into higher-quality colleges. Students randomly offered a guarantee of four years of tuition and fees at the University of Michigan were 21 percentage points more likely to…

Is US Secretary of State Marco Rubio an embattled champion of Venezuelan democracy within the Trump administration, or the public face of a strategy aimed at keeping the old regime in power? Six months after Nicolás Maduro’s ouster, his record suggests democratic restoration is no longer an American priority—if it ever was. CAMBRIDGE—On the classic…

New York City’s traffic is legendary. In 2024, congestion in the city was the worst in the United States, with delays per driver reaching 102 hours. In the same year, the Metropolitan Transportation Authority (MTA), the operator of New York’s subways and commuter rail, saw a deficit of $8.3 billion. The combination of the two…