Topic: Business & Finance

Schrödinger’s Bitcoin

Notwithstanding the recent spectacular surge in its price, Bitcoin will remain an asset without intrinsic value whose market value can be anything or nothing. Only those with healthy risk...

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,...

Now you know: Top 5 Countries by Export Revenues of Flowers

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...

How to Lose Money

Seven anti-wealth tactics you can use to lose money fastThe internet is crawling with websites about how to make money. You don’t have to look far to find the latest schemes for getting rich...

Is the Stock Market About to Crash?

'Very, very concerning' echoes of the ’90s dot-com bubble are being heard loud and clear by nervous market experts.

The Rise of Emotional Spending

Many of us are living for the buzz of the doorbell – spending billions we can’t afford on stuff we don’t need. Here is how to recognise the problem and regain control

The Metamorphosis of Amazon CEO Jeff Bezos Is Complete

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?

AMA With Mark Cuban

My Misspent Youth

How Elon Musk’s Tweets Moved GameStop (GME), Bitcoin, Dogecoin, and Other Stocks

When Did Generic Grocery Brands Get So Good Looking?

Imagine, if you will, that you’re in a grocery aisle looking for flour. Your eyes scan bags upon bags for something familiar, but the brand you normally buy is out of stock. There’s this other...

Reddit Is America’s Unofficial Unemployment Hotline

As the unemployment crisis drags on, a Reddit forum has become a place to figure out how to navigate an antiquated and disorganized system for providing people a financial lifeline.

MacKenzie Scott’s Remarkable Giveaway Is Transforming the Bezos Fortune

Collected: 2021 Trend Reports

Silver Surges as Reddit Army Turns to Commodities

Silver prices leapt to a five-month high on Monday on social media calls to buy the metal and emulate the frenzy that drove up GameStop shares.

How GameStop Missed Out on Capitalizing on the Reddit Rally

GameStop Corp decided it could not seize on the Reddit-fueled rally in its shares to sell hundreds of millions of dollars worth of stock because of regulatory restrictions, according to three...

How Ghost Kitchens Took Over America's Restaurants

Inside the brave new world of data-driven, search-optimized virtual restaurants that exist only on DoorDash and GrubHub

35 May Be Too Old to Find Work in China

An increasingly large number of job applications are asking employees over the age of 35 to not apply, putting a lot of pressure on workers who are not even middle-aged.

Some Things Jeff Bezos Can Do With His $193 Billion

A few helpful suggestions.

How GameStop (And Elon Musk) Could Win the Game of Stonks

Amid the populist pumps and the rocket emojis, can a company find financial salvation?

How I Learned to Stop Worrying and Love the Debt

Although many commentators have asserted a tradeoff between health and the economy, comparing the debt to the financial crisis, economists are uniformly in favour of spending to suppress the virus.

This Is How Tim Cook Transformed Apple After Steve Jobs

Bitcoin Cryptocurrency Mining in Arctic Circle as Price Rises

How the Work Ethic Became a Substitute for Good Jobs

Jobs have become, for so many, a relentless, unsatisfying toil. Why then does the work ethic still hold so much sway?

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

Non Paywall Link

Uber Founder Launches Luxury Airline So Rich People Can Go on COVID Vacations

One health expert calls Aero’s timing ‘tone-deaf’ as governments try to limit travel.

Inside TurboTax’s 20-Year Fight to Stop Americans From Filing Their Taxes for Free

Using lobbying, the revolving door and “dark pattern” customer tricks, Intuit fended off the government’s attempts to make tax filing free and easy, and created its multi-billion-dollar franchise.

The Rise and Fall of Bitcoin Billionaire Arthur Hayes

The BitMEX cofounder created a cryptocurrency exchange that has traded trillions. Now he’s wanted by U.S. authorities, and insiders wonder whether he and his partners are villains—or victims of a...

A $2 Million Cigar Lodge in the Backyard? You Must Be Blowing Smoke

Non-Paywall Link Here ‣

GameStop and the Future of Financial Shitposting

Wall Street doesn’t know what to make of Reddit investors who live by the meme

"Scalpers" Aren't Who You Think, Data Analyst Reveals

Turns out, professional scalpers aren™t as big a factor as you might expect, according to an intriguing new analysis of the secondary market.

Barcelona Wants to Ban Renting Private Rooms to Tourists

Earnings of Wealthiest 10 Men During Pandemic 'Could Buy Vaccines for All'

Billionaires' wealth has soared while the pandemic has plunged millions into poverty, Oxfam says.

Tesla's Founders on Elon Musk and the Early Days

The First Amendment Will Likely Protect the Anonymity of Redditors Who Discussed GameStop Stock

It's up to the courts to draw a line between free speech and illegal market manipulation. And the Supreme Court has never ruled on this specific question.

How a Family of Scammers Made Millions Off Fake 5-Hour Energy

Counterfeit energy drinks were lightning in a bottle for Adriana and Joseph Shayota, netting them a million dollars a month until the feds closed in. But they had one chance to clear their name:...

“Million Dollar Listing” Can't Hide the Realities of American Real Estate

The hugely popular world of luxury real-estate TV provides an unwitting glimpse into a broken industry

The Mathematical Case Against Blaming People for Their Misfortune

Complexity science reveals the hard limits of our predictive abilities, and makes a mathematical case for compassion

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