Amazon has agreed to buy Whole Foods in a roughly $13.5 billion deal. It would be Amazon’s biggest acquisition to date, and it’s generating headlines such as “earth shaking.” Whole Foods has been underperforming a little lately. Its growth has slowed and activist investors have been after the chain to sell itself. But what’s a […]

There have been a lot of challenges lately on the playing field for the world’s leading athletic brands. The sporting goods industry, like others in the retail sector, hasn’t been robust. Nike kept growing, though, with strong sales overseas and powerful branding in performance sneakers. But lately, upstart competitor Under Armour has come on fast. […]

Federal Reserve Chair Janet Yellen on Wednesday discussed the Fed’s plans for its balance sheet. That’s the list of all the assets it owns, and it is huge: $4.5 trillion worth. The plan is to slowly shrink that down by a few billion dollars a month, starting soon. Here’s how the Fed came to own […]

For-profit colleges may be getting a bit of a reprieve from the Trump administration. Education Secretary Betsy DeVos announced plans to roll back two Obama-era regulations that made life tough for that beleaguered industry. The gainful employment rule held those colleges accountable for a students’ earning potential after graduating. The other allowed students from colleges […]

High housing costs in Denver are driving home development in outlying areas close to oil and gas infrastructure.

A half-dozen Michigan state officials now face criminal charges for their role in the Flint water crisis. The state cut subsidies for Flint water in March, leaving residents to pay for their water at one of the highest rates in the country. Though the city’s water now meets federal quality standards for lead and copper, […]