The US Middle Class Is Doing Fine. Why Are They So Worried?

Buying a new car today is more painful than ever. Auto prices have risen a shocking 30% in just the past few years. Many used cars aren’t much cheaper. The pandemic crunch is partly to blame – high de...

14 Feb 202327min

New York and other cities have struggled to fully bounce back from the pandemic, in part because many people who can work from home either part or full time are choosing to do so. That means a lot les...

13 Feb 202328min

At the same time China’s government is working to manage the fallout overseas from the surveillance balloon shot down by the US, it’s also struggling to contain another problem at home—a wave of covid...

10 Feb 202323min

The new season of Bloomberg's Foundering podcast retraces the life and gruesome death of John McAfee. In the 1980s and ’90s, the McAfee name was synonymous with computer antivirus software, and he hel...

9 Feb 20232min

As Iran approaches the 44th anniversary of the revolution it finds itself at a junction. US and European Union sanctions have crippled Iran’s economy. Thousands of citizens have taken to the streets t...

9 Feb 202325min

If you’re a comic book or sci-fi fan, you’ve likely read about the far-off idea of hitching a ride on an asteroid and mining it for precious metals and ice. But it’s not science fiction anymore. In th...

8 Feb 202334min

Last fall, Amazon agreed to pay the NFL a whopping $1 billion a year for 11 years to air Thursday Night Football exclusively on its Prime streaming service. The high price tag made headlines–and execu...

7 Feb 202330min

What started as a curiosity—a Chinese balloon Washington says was equipped with surveillance equipment floating high above the US—now threatens to worsen the already tense rivalry between two world po...

6 Feb 202322min