Why Corporate America Still Runs on Ancient Software That Breaks
Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews out of place and grounded thousands of flights. But Southwest isn't alone in having software in the...
26 Jan 202347min
What The Heck Is Happening With the Price of Eggs?
The price of eggs rose 60% in 2022, as measured by the Consumer Price Index. Meanwhile, wholesale egg prices are up 300% in the last year, creating a chart that looks almost parabolic. So what's going...
23 Jan 202340min
The 'Widowmaker' Crypto Trade That Helped Blow Up an Industry
Over the last year, numerous things have gone wrong for the crypto industry. (Too many to list.) But one thing we've learned is that there's an incredibly high degree of interconnectedness between var...
20 Jan 202337min
Isabella Weber On a New Way to Think About Inflation
In economics, there tends to be two dominant ways of thinking about inflation. Either you agree with Milton Friedman, who described inflation as always and everywhere a monetary phenomenon (the result...
19 Jan 202337min
Ex-Logger Aims to Beat Elon Musk in Electric Trucks
While electric vehicle use is growing rapidly, the internal combustion engine remains completely dominant in the world of heavy trucks. At some point in the future, Tesla has a plan to commercialize a...
16 Jan 202352min
Why Banks Are Suddenly Borrowing From the Fed's Discount Window
The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in exchange for high-quality collateral. The facility is always available to use, but typically nobody d...
13 Jan 202338min
Neil Dutta and Conor Sen on the Chances of a US Soft Landing
The most recent jobs report has revived talk that the US economy might pull off the fabled "soft landing." Jobs are still growing nicely and the unemployment rate is at a 50-year low. But wages are de...
12 Jan 202351min
What Truckers Already Know About the Future of Electronic Worker Surveillance
Thanks to work from home, and other trends, workers are being electronically monitored by their bosses like never before. But some industries have had experience with this for awhile. Truck drivers, i...
9 Jan 202340min
