Topic: Business & Finance

To Lure Shoppers, Duty-Free Firms Offer Free Flights to Nowhere

To rescue an industry decimated by COVID, duty-free operators are offering free flights to bring back some business.

Why Tesla Bought Bitcoin

Everybody loves to hate Bitcoin. Yet big business is spending hundreds of millions on it, helping to drive the price higher and higher. It’s easy to dismiss that as a marketing fad. But what if...

The World's Biggest Coal Exporters

Entrepreneurs Aren't Taking Their Companies Public

Why are so many entrepreneurs in Canada avoiding going public, and what are the consequences for our economy?

Shortages Are Popping Up Across the Supply Chain as the Pandemic Messes With the Economy

Chicken, lumber, microchips, gas, steel, metals, chlorine and ketchup packets: What do they all have in common? They're all (nearly) impossible to find.

WeWork Reports Loss of Nearly $2.1bn Ahead of Stock Market Debut

The troubled office-sharing startup's business was hit particularly hard by the coronavirus pandemic.

In the Race for Tech Talent, the US Should Look to Mexico

Amid a backdrop of skyrocketing tech valuations, the U.S. tech sector should look to Mexico as a key growth market and partner. The time is now for the U.S. to tap into Mexico's surplus tech talent.

The Bitcoin Crash of 2021 Compared to Past Sell-Offs

The Incredible Logistics of Grocery Stores

Chips With Everything: How One Taiwanese Company Drives the World Economy

A Covid-driven global shortage of microchips has put manufacturer TSMC at the heart of the world’s recovery, as well as US-China tensions

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.

Why Start-Ups Fail

It’s not always the horse or the jockey.

SPAC King Chamath Palihapitiya Is Doing Fine, Even as the Bubble Begins to Burst

Why You Should Care About Discovery and WarnerMedia Merging

Discovery is an iconic brand in the cable world, as are CNN and HBO. Warner Bros., the home of franchises such as DC and Harry Potter, is one of the most influential studios in Hollywood. Now, all...

How Bank Failures Contributed to the Great Depression

Were financial institutions victims—or culprits?

Covid Economy: What Economists Got Right (And Wrong)

A year ago, the US economy tanked. Will it return to normal once the pandemic is over?

What’s the Point of Saving Money for the Future?

It won’t serve you to take an all-or-nothing approach to caring about money.

He’s a Dogecoin Millionaire. And He’s Not Selling

Glauber Contessoto went looking for something that could change his fortunes overnight. He found it in a joke cryptocurrency.

Credit Agencies Can’t Tell My Sister and Me Apart

Our credit files are "a bizarre Frankenstein."

Litquidity Capital Is the Meme King of Wall Street

Litquidity Capital is the anonymous banker chronicling our weird, get-rich-quick economy.

How Netflix Is Working to Solve One of Its Biggest Threats: Decision Fatigue.

How the company is working to solve one of its biggest threats: decision fatigue.

Why Used Car Prices Went Absolutely Insane Last Month

Things are getting weird in the late-pandemic economy.

The Fortunes Won—and Lost—in the Mind-Boggling Rise of R/WallStreetBets

This is the inside story of how a bunch of bored, jaded Millennial dudes become expert investors and kings of chaos.

Something Doesn't Add Up on the Elon Musk 'Tesla & Bitcoin' Story

I don’t know what it is, but we’re missing something on the recent decision by Tesla and Elon Musk to walk back the company’s decision to accept Bitcoin as payment for Tesla vehicles. The series...

Inside Jeff Bezos’ Obsessions

Amazon has had a boss with big ideas and incredible persistence. That hasn’t always been helpful.

How to Spend It: A $1 Million Bottle of Bordeaux Aged in Space

After 14 months on the ISS, the vintage Petrus could be yours.

Bitcoin Mining: Is Scandinavia′s Cryptoboom Coming to an End?

Europe's Nordic countries are popular for sustainable cryptomining because electricity there is cheap and mainly comes from renewable sources. But other industries also want to take advantage of...

Inside Pictet, the Secretive Swiss Bank for the World’s Richest People

Dirty Dollars

Accused money launderers left a path of bankrupt factories, unpaid taxes, shuttered buildings and hundreds of steelworkers out of jobs

E-Books Still No Match for Printed Books

How America Became the Money Laundering Capital of the World

The U.S. is the venue of choice for cartels and kleptocrats. Now lawmakers want to use an agency called FinCEN to do something about it.

Where Apartment Rents Are Falling Fastest in the U.S

Why Do We Buy Into the 'Cult' of Overwork?

Overwork culture is thriving; we think of long hours and constant exhaustion as a marker of success. Given what we know about burnout, why do we do give in?

Wyoming Threatens to Sue States That Won’t Buy Its Coal

It "sounds crazy,” but for locals "there is no other industry."

How NFTs Are Transforming China’s Art Market

Beijing has placed tight restrictions on the crypto market in recent years. But Chinese creators are still excited about the potential for non-fungible tokens — and the new market is starting to...

Why Even the Studios Behind Bestselling Games Shut Down

An interview with Press Reset author Jason Schreier.

The digital currencies that will transform finance

Get ready for Fedcoin and the e-euro | Leaders

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.

Why Dogecoin Is Forcing People to Take It Seriously

Despite the fact its founders designed it to be devoid of value, the meme bitcoin-copycat has now reached Wall Street–like proportions.

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