1. FROM MY DESK Good morning. As colleges prepare to welcome students back to campus, we examine higher education’s deepening financial strain—and how, in extreme cases, schools are covering day-to-day bills with funds that
When the week began, Leopold Aschenbrenner was preparing for his wedding. The plan was for a multiday celebration in Carmel, a seaside town in Northern California, with the ceremony at a Tuscan-style villa and the
SANTA FE, N.M.—In a beige office park on the edge of town not far from a Walmart, waves of oil-and-gas money are crashing on Jon Clark’s desk. A flood of $7.6 billion arrived
Etched, a startup developing AI chips in competition with Nvidia NVDA -2.21%decrease; down pointing triangle, is set to quadruple its valuation to about $20 billion in a new funding round led by an existing investor,
Hard to believe, but the politicians in Sacramento are surveying the state’s pension obligations—and making them worse. Will Gov. Gavin Newsom dare to block this future tax on Gen Z? The state Assembly
