Spencer Jakab

Based on size and free float alone, what it offers in transparency it loses in effectiveness. Because many “junky,” unprofitable companies make the cut every year, the index has lagged a competing small-cap measure by around 700 percentage points in the past 30 years. Between the beginning of this year and the index’s reconstitution, it rose by 1.7%, lagging the large-cap S&P 500 by a whopping 13.4 percentage points before dividends.

If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.

If stocks already were due for a tumble and the economy for a recession, the Fed's rate cut probably didn't avert it.

Even John McEnroe struggles with version of the game that's ‘really confusing' Tuxedo Park, N. Y.—The real tennis champion of the world flew coach and crashed on friends' couches during tournaments.

Traders who got a peek at dozens of real Wall Street Journal front pages mostly couldn’t make money. Here’s why.

New boss Brian Niccol got some bad news out of the way early, but bringing back the Starbucks of old will come with a lower price tag.

Wealthy businesspeople have long served in government, but a provision meant to avoid conflicts of interest could be worth billions to Elon Musk and hundreds of millions to others.

Berkshire Hathaway is hoarding cash in a pattern seen before the financial crisis, but it has a new reason this time.

The last time emerging markets were doing this badly, the term “emerging markets” hadn’t been coined yet. That spells opportunity, and the greatest spoils might go to those investors who are the boldest.

Drivers are skimping to save a few bucks. That could mean bigger bills down the road and a rebound for parts and service companies.