Why China’s Investment Bankers Are Breaking Up With Capitalism
One after another, bankers at China International Capital Corporation — China’s premier investment bank – are pledging loyalty to the Communist Party, underscoring a new reality for Wall Street-style ...
2 Jul 202415min
Forget Sleep. Who’s Ready to Trade All Night?
There is a growing push from retail traders, international investors, and a few big hedge funds to do something once unthinkable: keep stock markets open for 24 hours a day, 7 days a week. But when do...
1 Jul 202416min
The ‘Upflation’ Formula: Halve the Ingredients, Double the Price
You’ve probably felt the pain of inflation. And you’ve also probably heard about shrinkflation — when companies respond to inflation by keeping their prices steady and making their products smaller. B...
27 Jun 202414min
Hong Kong: Five Years After Anti-China Protests
Four years after Beijing imposed a national security law on the city, Hong Kong continues to serve as an important financial hub connecting mainland China with the rest of the world. But beneath the s...
26 Jun 202418min
Inside Billionaire Bernard Arnault’s Business Playbook
LVMH has a sprawling portfolio of brands synonymous with luxury: Christian Dior, Louis Vuitton, Fendi, Bulgari, Celine, Tiffany & Co., Hennessy and Veuve Clicquot. Its CEO, Bernard Arnault, almost nev...
25 Jun 202413min
AI’s Insatiable Needs Wreak Havoc on Power Systems
AI data centers are huge energy black holes, consuming as much energy as 30,000 homes – and their rapid growth is straining global grids. The numbers are astonishing: Sweden could see power demand fro...
24 Jun 202414min
Wall Street by Day, Waterdog by Night: The Double Life of a Professional Lacrosse Player
What do Robert Kraft, Kevin Durant and Joe Tsai – owner of the Brooklyn Nets – all have in common? They’ve decided to go big on a new professional sport: lacrosse. Historically popular in East Coast c...
21 Jun 202414min
Inside the Hedge Fund Boot Camps Creating Star Traders
As the $4.3 trillion hedge fund industry has boomed and competition for talent has intensified, firms are turning to a new strategy to get ahead: in-house boot camps. The goal is to mold promising new...
19 Jun 202417min
