29: How an Old-School Chess Shop Survive...

Kevin Warsh gave a hawkish speech at this year's annual Kansas City Fed Symposium in Jackson Hole, but that doesn't mean the challenges are over. Will the Fed actually pull the trigger on rate hikes? What happens if the central bank doesn't act quickly enough to curb inflation? A ... Show More

The implications of Fed Chair Kevin Warsh's Jackson Hole speech are pretty clear: Traders expect a rate hike given the hawkish hints littered in his address, largely focused on inflation. There are still a number of open questions and Warsh's lack of forward guidance does not exa ... Show More

Inflation remains high and the 2% target is farther away than it was this time last year. There are signs all over that the economy is overheating — the strange labor market where hiring and firing remains low, while GDP is growing, but mostly due to AI and the data center buildo ... Show More

How do you make a game with a conservative image more marketable, and more profitable?Chess has been played for centuries, two people facing off over chessboard, but now it’s big business online too. Business Daily’s Dougal Shaw meets the head of World Chess, Ilya Merenzon, to ta ... Show More

In 2020, Kwame Spearman left his consulting job in New York City to take over an iconic independent bookstore, the Tattered Cover Book Store in Denver, Colorado—his hometown. Spearman saw an opportunity to reinvent the local business to build a community space after the pandemic. ... Show More

Most entrepreneurs would have balked at the decision to launch Neighborhood Goods in late 2018. After all, many department stores were barely surviving by the end of the 2010s, and the department store retail model appeared to be on the verge of collapse. But against all odds, co ... Show More

In an era driven by network effects, smaller players struggle to compete against bigger platforms. The trick to gaining ground on a much larger rival, says Harvard Business School professor Felix Oberholzer-Gee, is choosing a strategy that can’t easily be imitated. A good example ... Show More

<p>India’s teenage sensation, R Praggnanandhaa almost beat the top ranked Magnus Carlsen in the Chess World Cup Final last week. And we’re definitely rooting for him to win the crown the next time.</p> <p>But we thought it might be interesting to explore how chess has transformed ... Show More

In the 1970s, Leonard Riggio buys the famous New York bookstore Barnes & Noble and turns it into a national chain. But as the decades pass and retail shifts around him, Leonard struggles to adapt to the digital age as a new rival emerges for Barnes & Noble’s crown.Be the first to ... Show More

<p>Even with the disruptions of the pandemic, retailers have enjoyed record sales the last two years. And with life going back to normal, shoppers have re-embraced in-store shopping. But could decades-high inflation bring the shopping spree to an end? Capital Group analyst Rachel ... Show More