Should cities be in the business of running businesses ranging from convention centers to farmers markets? Selling off golf courses, contracting out parking concessions, and all manner of public-private partnerships are generating billions of dollars in revenue and dramatically improving city services in places such as Chicago and Indianapolis. Will Cleveland’s elected officials learn the … [Read more…]
Declines in U.S. manufacturing activity slowed last month, raising the likelihood that the sector — and perhaps the broader economy — could see growth in the second half of the year. But separate reports showed the labor market remains weak, an obstacle to recovery. Read more at Wall Street Journal.