Economy
Some Russian Banks Have Been Cut From SWIFT Financial System
The move will make it impossible for certain Russian institutions to access the global banking system, a major move that will have many knock-on ramifications.
What Would Happen If All Young People Gave Up 'Luxuries' to Buy a House?
We asked financial analysts and economists what would happen if an entire generation cuts down on Netflix, Easyjet holidays and lattes.
What the Black Death’s Labor Shortage Can Tell Us About Our Own
It turns out, the Black Death and the COVID-19 pandemic have something in common: workers wanting more from their bosses.
Fed: Meme Stocks Might Blow Up U.S. Economy One Day
The Federal Reserve is worried that risk-taking online investors and social media echo chambers could lead to a “potentially destabilizing outcome."
The Economy Is Back. Welcome to the Casino
From the stock market, to cryptocurrencies, to sports, and beyond, the pandemic has accelerated the spread of gambling to every corner of society.
Someone Paid $26 Million to Build This Colossal Statue and Another $24 Million to Remove It
A headless ancient warrior is now towering over the city he once defended.
Bitcoiners Are Obsessed With Inflation. Are They Right?
Crypto enthusiasts worried about runaway inflation are asking #WTFhappenedin1971, revealing fault lines in the debate around rising prices.
Why Is the Economy So Weird Right Now?
The much-hyped Great Labor Shortage of 2021 might not be all that it appears.
Graduates From China’s Top Colleges Are Working as Housekeepers for the Rich
Chinese internet users debate if it’s a “waste of talent” for elite graduates to work as housekeepers.
Chinese Man Jumps Into Steel Furnace After Losing Money in the Stock Market
Footage of the worker’s apparent suicide shook Chinese social media.
Brexit and COVID Have Hammered the UK's Economy – Here's What Comes Next
Once the entire population has been vaccinated, there is reason to believe the economy could make a relatively quick recovery.
Trump’s Cruelty Will Cost Americans Billions for Literally No Reason
Insert dark joke about Trump’s terrible deal-making here.