:root{
  --paper:#FFFFFF;
  --panel:#F4F4F3;
  --panel-deep:#EAEAE8;
  --ink:#0A0A0B;
  --ink-soft:#4A4A4D;
  --ink-faint:#8B8B8E;
  --hair:#E2E1DE;
  --hair-strong:#C6C4BF;
  --serif:'Fraunces', Georgia, serif;
  --sans:'IBM Plex Sans', -apple-system, Helvetica, Arial, sans-serif;
  --mono:'IBM Plex Mono', 'Courier New', monospace;
  --maxw: 1240px;
}
*{box-sizing:border-box;}
html{-webkit-text-size-adjust:100%;}
body{
  margin:0;
  background:var(--paper);
  color:var(--ink);
  font-family:var(--sans);
  line-height:1.5;
  -webkit-font-smoothing:antialiased;
}
a{color:inherit;text-decoration:none;}
img,svg.art{max-width:100%;display:block;}
.wrap{max-width:var(--maxw);margin:0 auto;padding:0 24px;}
.hair{border:none;border-top:1px solid var(--hair);margin:0;}
::selection{background:var(--ink);color:#fff;}
:focus-visible{outline:2px solid var(--ink);outline-offset:2px;}
button{font-family:inherit;}
@media (prefers-reduced-motion: reduce){
  *{animation-duration:0.001ms !important; animation-iteration-count:1 !important; transition-duration:0.001ms !important;}
}

/* ---------- Top utility bar ---------- */
.utility{background:var(--ink);color:#C9C9C6;font-size:12px;font-family:var(--mono);}
.utility .wrap{display:flex;justify-content:space-between;align-items:center;height:32px;}
.utility .clock{letter-spacing:.03em;}
.utility nav{display:flex;gap:18px;}
.utility nav button, .utility nav a{background:none;border:none;color:inherit;opacity:.78;transition:opacity .15s;font-family:var(--mono);font-size:12px;cursor:pointer;padding:0;}
.utility nav button:hover, .utility nav a:hover{opacity:1;color:#fff;}
.utility .who{opacity:.95;}

/* ---------- Masthead ---------- */
.masthead{padding:26px 0 18px;border-bottom:1px solid var(--ink);}
.masthead .wrap{display:flex;align-items:flex-end;justify-content:space-between;gap:20px;flex-wrap:wrap;}
.brand{display:flex;align-items:center;gap:12px;font-family:var(--serif);font-weight:600;font-size:42px;letter-spacing:-0.01em;line-height:1;}
.brand .mark{width:34px;height:34px;flex:none;background:var(--ink);color:var(--paper);display:flex;align-items:center;justify-content:center;font-family:var(--serif);font-size:19px;font-weight:600;font-style:italic;}
.brand span{font-style:italic;font-weight:500;}
.masthead-meta{text-align:right;color:var(--ink-soft);font-size:13px;}
.masthead-meta .date{font-family:var(--mono);letter-spacing:.01em;}
.masthead-meta .tagline{font-family:var(--serif);font-style:italic;font-size:14.5px;color:var(--ink);margin-top:2px;}

.masthead-center{flex:1 1 320px;display:flex;justify-content:center;padding:0 20px;}
.searchbox{position:relative;width:100%;max-width:380px;}
.searchbox input{
  width:100%;
  font-family:var(--sans);
  font-size:13.5px;
  padding:9px 14px 9px 34px;
  border:1px solid var(--hair-strong);
  background:var(--panel);
  color:var(--ink);
}
.searchbox input:focus{background:var(--paper);border-color:var(--ink);}
.searchbox .icon{position:absolute;left:11px;top:50%;transform:translateY(-50%);font-size:13px;color:var(--ink-faint);}
.search-results{
  position:absolute;
  top:calc(100% + 4px);
  left:0;right:0;
  background:var(--paper);
  border:1px solid var(--ink);
  z-index:40;
  max-height:340px;
  overflow-y:auto;
  display:none;
}
.search-results.open{display:block;}
.search-results a{display:block;padding:10px 14px;border-bottom:1px solid var(--hair);font-size:13.5px;}
.search-results a:last-child{border-bottom:none;}
.search-results a:hover{background:var(--panel);}
.search-results .empty{padding:14px;font-size:13px;color:var(--ink-faint);}

/* ---------- Section nav ---------- */
.sectionnav{background:var(--paper);border-bottom:1px solid var(--hair);}
.sectionnav .wrap{display:flex;gap:26px;overflow-x:auto;padding:12px 24px;font-size:13.5px;font-weight:600;letter-spacing:.01em;}
.sectionnav a{white-space:nowrap;padding-bottom:4px;border-bottom:2px solid transparent;}
.sectionnav a:hover, .sectionnav a.active{border-bottom-color:var(--ink);}

/* ---------- Ticker ---------- */
.ticker-band{background:var(--ink);overflow:hidden;white-space:nowrap;border-bottom:1px solid #000;}
.ticker-track{display:inline-flex;animation:scroll-left 42s linear infinite;padding:9px 0;}
.ticker-item{display:inline-flex;align-items:baseline;gap:8px;font-family:var(--mono);font-size:13px;color:#C9C9C6;padding:0 22px;border-right:1px solid #303032;}
.ticker-item .sym{font-weight:600;color:#fff;}
.ticker-item .chg{color:#C9C9C6;}
.ticker-item .chg.up{color:#fff;font-weight:600;}
.ticker-item .chg.down{color:#8B8B8E;}
@keyframes scroll-left{from{transform:translateX(0);}to{transform:translateX(-50%);}}

/* ---------- Layout helpers ---------- */
main{padding:36px 0 60px;}
.section{margin-top:54px;}
.section-head{display:flex;align-items:baseline;justify-content:space-between;margin-bottom:20px;padding-bottom:10px;border-bottom:2px solid var(--ink);}
.section-head h2{font-family:var(--serif);font-size:23px;font-weight:600;margin:0;}
.section-head .more{font-size:13px;font-weight:600;color:var(--ink);background:none;border:none;cursor:pointer;font-family:var(--sans);text-decoration:underline;text-underline-offset:3px;}
.kicker{font-family:var(--mono);font-size:11.5px;font-weight:600;letter-spacing:.05em;color:var(--ink-soft);}

/* ---------- Thumbnails / line-art figures ---------- */
.thumb{position:relative;background:var(--panel);border:1px solid var(--hair-strong);aspect-ratio:16/10;overflow:hidden;}
.thumb svg.art{width:100%;height:100%;padding:14%;color:var(--ink);}
.thumb .thumb-tag{position:absolute;left:0;bottom:0;background:var(--ink);color:var(--paper);font-family:var(--mono);font-size:10px;letter-spacing:.05em;padding:4px 8px;text-transform:uppercase;}
.thumb.square{aspect-ratio:1/1;}
.thumb.wide{aspect-ratio:16/7;}

/* ---------- Hero ---------- */
.hero{display:grid;grid-template-columns:1.7fr 1fr;gap:44px;}
.hero-lead .kicker{margin-bottom:8px;display:block;}
.hero-lead h1{font-family:var(--serif);font-size:40px;line-height:1.12;font-weight:600;margin:0 0 14px;letter-spacing:-0.01em;}
.hero-lead .dek{font-size:17px;color:var(--ink-soft);line-height:1.55;margin:0 0 16px;max-width:62ch;}
.byline{font-family:var(--mono);font-size:12px;color:var(--ink-faint);display:flex;gap:14px;margin-bottom:18px;flex-wrap:wrap;}
.hero-lead figure{margin:18px 0 0;}
.hero-lead figcaption{font-size:12px;color:var(--ink-faint);margin-top:7px;border-top:1px solid var(--hair);padding-top:6px;}
.hero-side{display:flex;flex-direction:column;}
.side-story{display:grid;grid-template-columns:84px 1fr;gap:14px;padding:16px 0;border-top:1px solid var(--hair);}
.side-story:first-child{border-top:none;padding-top:0;}
.side-story .thumb{aspect-ratio:1/1;}
.side-story h3{font-family:var(--serif);font-size:17px;font-weight:600;line-height:1.26;margin:0 0 5px;}
.side-story p{font-size:12.5px;color:var(--ink-soft);margin:0;line-height:1.45;}

/* ---------- Markets table ---------- */
.market-tabs{display:flex;gap:4px;align-items:center;flex-wrap:wrap;}
.market-tabs button{font-family:var(--sans);font-weight:600;font-size:13px;padding:9px 16px;background:var(--panel);border:1px solid var(--hair);border-bottom:none;color:var(--ink-soft);cursor:pointer;}
.market-tabs button.active{background:var(--paper);color:var(--ink);border-bottom:1px solid var(--paper);margin-bottom:-1px;position:relative;z-index:2;}
.market-panel{display:none;border:1px solid var(--hair);border-top:1px solid var(--ink);}
.market-panel.active{display:block;}
table.quotes{width:100%;border-collapse:collapse;}
table.quotes thead th{text-align:right;font-family:var(--mono);font-size:11px;letter-spacing:.04em;text-transform:uppercase;color:var(--ink-faint);font-weight:600;padding:10px 16px;border-bottom:1px solid var(--hair-strong);}
table.quotes thead th:first-child{text-align:left;}
table.quotes tbody td{text-align:right;padding:11px 16px;font-family:var(--mono);font-size:13.5px;border-bottom:1px solid var(--hair);}
table.quotes tbody td:first-child{text-align:left;font-family:var(--sans);font-weight:600;}
table.quotes tbody tr:last-child td{border-bottom:none;}
table.quotes .name-sub{display:block;font-family:var(--mono);font-weight:400;font-size:11.5px;color:var(--ink-faint);}
table.quotes tbody td.up{color:var(--ink);}
table.quotes tbody td.down{color:var(--ink-soft);}
.pct{display:inline-block;padding:2px 8px;font-weight:600;min-width:64px;border:1px solid var(--ink);}
.pct.up{color:var(--paper);background:var(--ink);}
.pct.down{color:var(--ink);background:var(--paper);}
.source-note{font-size:11.5px;color:var(--ink-faint);padding:8px 16px;border-top:1px solid var(--hair);background:var(--panel);}

/* ---------- News grid ---------- */
.news-grid{display:grid;grid-template-columns:repeat(3,1fr);gap:0;border-top:1px solid var(--hair);}
.news-card{padding:22px 22px 22px 0;border-right:1px solid var(--hair);}
.news-grid .news-card:nth-child(3n){border-right:none;padding-right:0;}
.news-grid .news-card:nth-child(n+4){border-top:1px solid var(--hair);padding-top:22px;}
.news-grid .news-card:not(:nth-child(3n)){padding-right:22px;}
.news-card .thumb{margin-bottom:14px;}
.news-card h3{font-family:var(--serif);font-size:19px;font-weight:600;line-height:1.3;margin:8px 0 8px;}
.news-card p{font-size:13.5px;color:var(--ink-soft);margin:0 0 10px;}
.news-card .meta{font-family:var(--mono);font-size:11px;color:var(--ink-faint);}
.news-card a.title-link:hover{text-decoration:underline;text-underline-offset:3px;}

/* ---------- Opinion ---------- */
.opinion-grid{display:grid;grid-template-columns:1fr 1fr;gap:40px;}
.opinion-card{padding-bottom:4px;}
.opinion-card .kicker{margin-bottom:8px;display:block;}
blockquote{font-family:var(--serif);font-style:italic;font-size:22px;line-height:1.4;margin:10px 0 12px;color:var(--ink);border-left:3px solid var(--ink);padding-left:18px;}
.opinion-card .author{display:flex;align-items:center;gap:10px;font-family:var(--mono);font-size:12px;color:var(--ink-faint);}
.avatar{width:28px;height:28px;border-radius:50%;background:var(--ink);color:var(--paper);display:flex;align-items:center;justify-content:center;font-family:var(--serif);font-size:12px;font-weight:600;flex:none;}

/* ---------- Newsletter strip ---------- */
.newsletter{margin-top:56px;background:var(--ink);color:var(--paper);padding:32px 0;}
.newsletter .wrap{display:flex;align-items:center;justify-content:space-between;gap:24px;flex-wrap:wrap;}
.newsletter h3{font-family:var(--serif);font-size:22px;margin:0 0 4px;font-weight:600;}
.newsletter p{margin:0;color:#B7B7B4;font-size:13.5px;}
.newsletter form{display:flex;gap:0;flex:0 0 auto;}
.newsletter input{font-family:var(--sans);font-size:13.5px;padding:11px 14px;border:1px solid #4A4A4D;background:#18181A;color:#fff;width:230px;}
.newsletter button{font-family:var(--sans);font-weight:600;font-size:13.5px;padding:11px 20px;background:var(--paper);color:var(--ink);border:1px solid var(--paper);cursor:pointer;transition:background .15s,color .15s;}
.newsletter button:hover{background:transparent;color:var(--paper);}
.newsletter .ok-msg{font-family:var(--mono);font-size:12.5px;color:#fff;margin-top:8px;}

/* ---------- Footer ---------- */
footer{padding:40px 0 30px;border-top:1px solid var(--hair);}
.footer-grid{display:grid;grid-template-columns:1.4fr repeat(4,1fr);gap:26px;margin-bottom:28px;}
.footer-grid .brand-mini{font-family:var(--serif);font-weight:600;font-size:20px;}
.footer-grid .brand-mini span{font-style:italic;}
.footer-grid p{font-size:12.5px;color:var(--ink-faint);margin-top:8px;max-width:32ch;}
.footer-col h4{font-size:12px;text-transform:uppercase;letter-spacing:.05em;color:var(--ink-faint);margin:0 0 10px;font-weight:600;}
.footer-col ul{list-style:none;padding:0;margin:0;display:flex;flex-direction:column;gap:8px;}
.footer-col a{font-size:13.5px;color:var(--ink-soft);}
.footer-col a:hover{color:var(--ink);text-decoration:underline;text-underline-offset:3px;}
.footer-bottom{display:flex;justify-content:space-between;font-size:12px;color:var(--ink-faint);padding-top:18px;border-top:1px solid var(--hair);flex-wrap:wrap;gap:8px;}

/* ---------- Auth modal ---------- */
.modal-overlay{position:fixed;inset:0;background:rgba(10,10,11,.6);display:none;align-items:center;justify-content:center;z-index:100;padding:20px;}
.modal-overlay.open{display:flex;}
.modal-box{background:var(--paper);width:100%;max-width:380px;border:1px solid var(--ink);padding:28px;position:relative;}
.modal-box h3{font-family:var(--serif);font-size:22px;margin:0 0 4px;}
.modal-box .sub{font-size:13px;color:var(--ink-soft);margin:0 0 18px;}
.modal-box label{display:block;font-size:12.5px;font-weight:600;margin:0 0 5px;color:var(--ink-soft);}
.modal-box input{width:100%;font-family:var(--sans);font-size:14px;padding:10px 12px;border:1px solid var(--hair-strong);background:var(--panel);margin-bottom:14px;}
.modal-box input:focus{background:var(--paper);border-color:var(--ink);}
.modal-box .primary-btn{width:100%;background:var(--ink);color:#fff;border:none;padding:11px;font-weight:600;font-size:14px;cursor:pointer;}
.modal-box .primary-btn:hover{background:#2A2A2C;}
.modal-box .switch-mode{text-align:center;font-size:12.5px;color:var(--ink-soft);margin-top:14px;}
.modal-box .switch-mode button{background:none;border:none;color:var(--ink);font-weight:600;cursor:pointer;font-size:12.5px;text-decoration:underline;text-underline-offset:3px;}
.modal-close{position:absolute;top:14px;right:16px;background:none;border:none;font-size:18px;cursor:pointer;color:var(--ink-faint);}
.modal-msg{font-size:12.5px;padding:8px 10px;margin-bottom:12px;display:none;border:1px solid var(--ink);}
.modal-msg.show{display:block;}
.modal-msg.err{background:var(--ink);color:var(--paper);}
.modal-msg.ok{background:var(--paper);color:var(--ink);}

/* ---------- Article page ---------- */
.article-header{padding:8px 0 26px;border-bottom:1px solid var(--hair);}
.article-header .kicker{display:block;margin-bottom:10px;}
.article-header h1{font-family:var(--serif);font-size:38px;line-height:1.15;font-weight:600;margin:0 0 14px;letter-spacing:-0.01em;}
.article-header .dek{font-size:17px;color:var(--ink-soft);line-height:1.55;margin:0 0 16px;}
.article-hero{margin:22px 0 0;background:var(--panel);border:1px solid var(--hair-strong);aspect-ratio:16/7;position:relative;overflow:hidden;}
.article-hero svg.art{width:100%;height:100%;padding:8%;color:var(--ink);}
.article-hero .thumb-tag{position:absolute;left:0;bottom:0;background:var(--ink);color:var(--paper);font-family:var(--mono);font-size:10.5px;letter-spacing:.05em;padding:5px 10px;text-transform:uppercase;}
.article-body{max-width:68ch;font-size:17px;line-height:1.75;padding-top:28px;}
.article-body p{margin:0 0 20px;}
.article-body p:first-of-type::first-letter{font-family:var(--serif);font-size:58px;font-weight:600;float:left;line-height:.82;padding:5px 8px 0 0;}
.article-layout{display:grid;grid-template-columns:1fr 300px;gap:48px;align-items:start;}
.article-aside{position:sticky;top:20px;}
.article-aside h4{font-family:var(--serif);font-size:16px;margin:0 0 14px;padding-bottom:8px;border-bottom:2px solid var(--ink);}
.related-item{padding:12px 0;border-top:1px solid var(--hair);}
.related-item:first-child{border-top:none;padding-top:0;}
.related-item .kicker{font-size:10.5px;}
.related-item h5{font-family:var(--serif);font-size:14.5px;font-weight:600;margin:5px 0 0;line-height:1.35;}
.byline .avatar{margin-right:2px;}
.article-header .byline{align-items:center;}
.share-row{display:flex;gap:8px;margin-top:16px;}
.share-row button{font-family:var(--mono);font-size:12px;padding:7px 12px;background:var(--panel);border:1px solid var(--hair-strong);cursor:pointer;}
.share-row button:hover{border-color:var(--ink);}

/* ---------- Comments ---------- */
.comments{margin-top:44px;padding-top:24px;border-top:2px solid var(--ink);max-width:68ch;}
.comments h4{font-family:var(--serif);font-size:20px;margin:0 0 16px;}
.comment-form textarea{width:100%;font-family:var(--sans);font-size:14px;padding:10px 12px;border:1px solid var(--hair-strong);background:var(--panel);min-height:70px;resize:vertical;margin-bottom:10px;}
.comment-form input{width:100%;font-family:var(--sans);font-size:14px;padding:10px 12px;border:1px solid var(--hair-strong);background:var(--panel);margin-bottom:10px;}
.comment-form button{background:var(--ink);color:#fff;border:none;padding:10px 18px;font-weight:600;font-size:13.5px;cursor:pointer;}
.comment-form button:hover{background:#2A2A2C;}
.comment-list{margin-top:22px;display:flex;flex-direction:column;gap:16px;}
.comment-item{border-top:1px solid var(--hair);padding-top:14px;}
.comment-item .who{font-weight:600;font-size:13.5px;}
.comment-item .when{font-family:var(--mono);font-size:11px;color:var(--ink-faint);margin-left:8px;}
.comment-item p{margin:6px 0 0;font-size:14px;color:var(--ink-soft);}
.comment-empty{font-size:13.5px;color:var(--ink-faint);}
.back-link{display:inline-block;margin-bottom:18px;font-size:13px;font-weight:600;color:var(--ink-soft);}
.back-link:hover{color:var(--ink);text-decoration:underline;text-underline-offset:3px;}

/* ---------- Responsive ---------- */
@media (max-width:900px){
  .hero{grid-template-columns:1fr;}
  .news-grid{grid-template-columns:repeat(2,1fr);}
  .news-grid .news-card:nth-child(3n){border-right:1px solid var(--hair);padding-right:22px;}
  .news-grid .news-card:nth-child(2n){border-right:none;padding-right:0;}
  .news-grid .news-card:nth-child(n+3){border-top:1px solid var(--hair);padding-top:22px;}
  .opinion-grid{grid-template-columns:1fr;gap:28px;}
  .footer-grid{grid-template-columns:1fr 1fr;}
  .article-layout{grid-template-columns:1fr;}
  .article-aside{position:static;}
  .masthead-center{order:3;flex-basis:100%;padding:0;margin-top:10px;}
}
@media (max-width:600px){
  .brand{font-size:30px;}
  .brand .mark{width:28px;height:28px;font-size:16px;}
  .masthead-meta{text-align:left;}
  .masthead .wrap{flex-direction:column;align-items:flex-start;gap:6px;}
  .hero-lead h1{font-size:28px;}
  .article-header h1{font-size:27px;}
  .news-grid{grid-template-columns:1fr;}
  .news-grid .news-card{border-right:none !important;padding-right:0 !important;border-top:1px solid var(--hair);padding-top:22px;}
  .news-grid .news-card:first-child{border-top:none;padding-top:0;}
  .footer-grid{grid-template-columns:1fr;}
  .side-story{grid-template-columns:64px 1fr;}
  table.quotes{font-size:12px;}
  table.quotes thead th, table.quotes tbody td{padding:9px 10px;}
  .newsletter .wrap{flex-direction:column;align-items:flex-start;}
  .newsletter input{width:100%;}
}