The U.S. economy of the 1970s was, in certain ways, quite similar to the U.S. economy today: rising inflation, a population broadly pessimistic about the future of the market, and persistent declines in overall productivity. There was also, back then, a growing economic threat from across the Pacific. Only, in the 1970s, the threat came from Japan, which was the subject of dozens …
Read more
Cryptocurrency king Sam Bankman-Fried (SBF) founded two companies, crypto-exchange FTX and Almeda Research. The thirty-year old billionaire’s house of cards recently came tumbling down when investors and customers lost confidence in FTX, pulled out their money, forcing SBF to file for bankruptcy. On December 12, 2022, SBF was arrested in the Bahamas after criminal charges were filed by U.…
Read more
It was the middle of the night when Arthur Lavrinovich started seeing the bright flares from the windows of his apartment in Nova Kakhovka, Ukraine. He saw the orange flashes, felt the rumble of shaking foundations, saw “shining darts like shooting stars” fly over his city and erupt into pillars of smoke. He grabbed his important documents, got in his car, and picked up his mom from…
Read more
After a federal judge in Florida struck down the Biden Administration’s transportation mask mandate on Monday, several major U.S. airlines and transit systems began to ditch their mask requirements nationwide, giving travelers and airline employees their first break from COVID-19 safety restrictions in nearly two years.
A viral video showed the rollback was met with a chorus of che…
Read more
Just a few days turned the tide of Russia’s invasion of Ukraine—for the world and for Wall Street, but in completely different ways.
Since the invasion began last week, hundreds of people have been killed and more than half a million have fled their homes to seek refuge in other countries. The human toll, already monstrous, will likely get worse still in the days and weeks to…
Read more
The leadership equation is changing. With Linda Yaccarino preparing to take the helm as the new CEO of Twitter, one thing is clear: so-called “soft” skills are the new essential skills. The world’s biggest companies are beginning to recognize that traditionally feminine leadership qualities like empathy, adaptability, humility, and vulnerability are what’s neede…
Read more
Since long before colonization, four genders have flourished in Samoan culture: female, male, fa’afafine, and fa’afatama. The last two translate to “in the manner of a woman” and “in the manner of a man,” respectively, and they mean what they sound like: A fa’afafine person is assigned male at birth, but expresses feminine characteristics, and vice versa. Both move comfortably alo…
Read more
In a cultural moment shaped by countless challenges, Pantone’s color of the year for 2023 is a bold shade of red that speaks to the strength and vitality needed for forging a more positive future. PANTONE 18-1750 Viva Magenta, a vibrant and nuanced shade of crimson red, is a study in balances: drawing on both warm and cool tones, the color’s origins are grounded in nature with an el…
Read more
For some time now, there has been a growing divide in country music. On the one hand, changemakers like Mickey Guyton, Orville Peck, and Allison Russell are attempting to expand the genre’s horizons to be more inclusive. On the other, songs like Jason Aldean’s “Try That in a Small Town,” which peaked at No. 1 on the Billboard Hot 100 earlier this summer, have critics calling th…
Read more
When Jeffrey Katzenberg was at the phase of his career in which he was dispatched to get people coffee, he says, he never just got coffee. “I came back with coffee an omelet, a bagel or whatever” the now-storied movie executive says. He wanted fame and fortune and he had a strategy for getting it, which he sums up in two words: exceed expectations.
That credo, and his…
Read more