The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says.

Peter Chernin, an industry veteran who founded North Road in 2022, said his deal with Mediawan met a need to get bigger in an era of consolidation.

The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May.

Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.

President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.”

After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business for local franchisees.

Almost three of every four restaurant orders in the U.S. weren’t eaten in a restaurant, according to recent data. We spoke to readers who are devoted to delivery but question the costs.