Economy
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.
Say Goodbye to Your Local Big Argos
Sainsbury's, its parent company, is cutting over 3,000 jobs, most of which will affect everyone's favourite catalogue retailer.
Trump Features Steel Plant That Laid Off Hundreds in New Ad About 'the Best' Economy
U.S. Steel notified employees that they would lay off as many as 737 workers at the Granite City plant in late April.
UK Government to Pay 22 Percent of Workers’ Wages When Furlough Ends
Rishi Sunak made the announcement today as part of a range of measures designed to support the UK economy as coronavirus cases rise.