Topic: Business & Finance
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The Store of Value Generation Is Kicking Your Ass and You Don’t Even Know It

What is something worth ? A building, a pen, a stock, a cryptocurrency, gold, Intellectual property, any asset? Valuing something we own has always been more art than science.

AskReddit: What Should People Seriously Stop Buying?

Inside Jeffrey Epstein’s Bond With Leslie Wexner, the Victoria’s Secret Billionaire

Of the many mysteries that still surround the life and crimes of the notorious financier, the source of his wealth, and thus his power, might be the greatest. His long-standing business ties with...

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth —...

100 True Fans

More than a decade ago, Wired editor Kevin Kelly wrote an essay called "1,000 True Fans” predicting that the internet would allow large swaths of people to make a living off their creations,...

1991: Donald Trump Gets Small

Like a Third World dictator who betrays not one iota of weakness until the very moment he is shipped off to exile in Gstaad, Donald Trump is showing no signs of being daunted by the widespread...

Who’s Making All Those Scam Calls?

Every year, tens of millions of Americans collectively lose billions of dollars to scam callers. Where does the other end of the line lead?

The Dark Side of the GameStop Bubble: Driving Stock Prices to the Moon Can Hurt America [OP]

Stock market bubbles and crashes are good for neither Wall Street nor Main Street.

Major Swedish Supermarket Chain Hit by Cyberattack, World News

One of Sweden's biggest supermarket chains said Saturday it had to temporarily close around 800 stores nationwide after a cyberattack blocked access to its checkouts. "One of our subcontractors...

AskReddit: What’s a Scam Most People Don’t Realize Is a Scam?

What’s Wrong With the Way We Work

Americans are told to give their all—time, labor, and passion—to their jobs. But do their jobs give enough back?

People Are Quitting Their Jobs in Record Numbers. Companies Should Take Note

Labour shortages are causing widespread disarray. Perhaps employers might consider something radical: paying people more and exploiting them less, writes Arwa Mahdawi

Collected: 2021 Trend Reports

Some Google Staff Have Formed a Union. Will Other Techies Follow?

Non Paywall Link

50 Company Stocks to Watch in 2021

Ranked: The Biggest Companies in the World in 2021

The 100 biggest companies in the world were worth a record-breaking $31.7 trillion as of the end of Q1, up 48% year-over-year.

The Future of Work Has Arrived, and It’s Messy

Covid-19 accelerated the transformation of work on Wall Street and across America. Employees are happier; their bosses, not so much.

The Wolves of Dogecoin: Inside the Underground Crypto Hustle

For over four years, a pump-and-dump Discord channel has scammed millions from unregulated cryptocurrency markets — and it’s only growing stronger

Inside the Billion-Dollar Plan to Kill Credit Cards

Millennials were shunning plastic and supposedly wary of consumer debt. Affirm's Max Levchin saw a way to repackage buying now and paying later for younger folks—and it's made him a billionaire.

Chart of Historic iPhone Pricing

Amazon Ruined My Life — Story From a Marketplace Seller

Barak Govani ran a clothing store on LA's famed Melrose Avenue. Then earlier this year he made a big bet on Amazon that he now regrets.

Citizenship for Sale: Fugitives, Politicians and Disgraced Businesspeople Buying Vanuatu Passports

Revealed: more than 2,000 people, including individuals sought by police, have purchased passports, and with them visa-free access to the EU and UK

High-Tide Flood Risk Is Accelerating, Putting Coastal Economies at Risk

NOAA's 2021 high-tide flooding outlook shows where the risks are highest and growing. Some communities are seeing 20 or more days of flooding a year now.

President Trump Declared New York Restaurants Are Dying, Not Everyone Agrees.

Restaurants are struggling all right. Hospitality experts believe that more than one thousand may have closed since the beginning of the pandemic and it’s clear the plight of the industry is...

What the Crackdown on China's Big Tech Firms Is Really About

With traditional growth engines slowing down, China's regulators are determined to get a handle on the digital economy

The Economics of Dollar Stores

A visual explainer of the economics behind America’s ubiquitous bargain-basement chains.

“Amazon Go Back”: Meet the Indian Merchant Waging War on Jeff Bezos

Praveen Khandelwal has built a name fighting against e-commerce. Now, he’s launching his own online marketplace.

Revenge of the Winklevii

After losing an epic battle with Mark Zuckerberg over ownership of Facebook and being shunned in Silicon Valley, CAMERON and TYLER WINKLEVOSS are back.

Eating Endangered

Capitalism has given rise to a new monstrosity: the endangered fish that’s farmed for your table.

What Television Gets Wrong About Poverty

Shows like The Crown offer a romanticized view of economic austerity. But, now more than ever, we need to see the true cost of budget cuts

In Online Ed, Content Is No Longer King—Cohorts Are

Consumers pay for what’s scarce. And within the crowded, cheap, content-rich world of online education, what's scarce is community.

The Good Life: Bezos Buys $500m Superyacht So Big It Comes With a ‘Support Yacht’

Experts say that yacht industry has seen a boom during the pandemic

Book Review: The ‘Ugly Truth’ About Facebook

A new, deeply reported book by the Times reporters Sheera Frenkel and Cecilia Kang recounts the full story of the social media company’s foibles.

Renting Clothes Is ‘Less Green Than Throwing Them Away’

Transportation and dry cleaning make it the worst green option for consumers of fashion, study finds

SEC May Require Fund Managers to Disclose Staff Diversity Data

U.S. Securities and Exchange Commission Chair Gary Gensler said the agency is examining whether to require asset managers to bolster disclosure of workforce and management diversity.

Amazon Inventory Management Causes Authentic Vendors to Sell Fakes

Commingled bins in Amazon's inventory management system mixes fakes and real products, causing authentic sellers to receive backlash for counterfeiting.

Bitcoin Cryptocurrency Mining in Arctic Circle as Price Rises

Gamestop, Memestocks, and the Revenge of the Retail Trader

Gamestop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made...

Andy Jassy Is Now CEO of Amazon. Here’s What’s on His to-Do List

Taking the reins from Jeff Bezos won't be easy. Neither will grappling with the size and scope of the company he now runs.

I Can’t Live on $709 a Month’: Americans on Social Security Push for Its Expansion

Calls for reform include increasing benefits in line with cost of living as employers provide fewer retirement pensions

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