The Promise of Stablecoin: A Cryptocurrency Meant to Be Boring

The months-long fight over raising the debt ceiling is finally over. That means the threat of the US defaulting on its debts, and the resulting economic crisis, is off the table – at least for the nex...

5 Juni 202331min

In two recent open letters, leaders and developers of artificial intelligence called for a pause of large AI projects to take stock of their impact. In tandem, Sam Altman, OpenAI’s CEO, went to Congre...

2 Juni 202327min

Hegang, a remote coal town in northern China that faced a mountain of debt, was forced to undergo an unprecedented financial restructuring. And it’s not alone. A local debt problem in some of China’s ...

1 Juni 202325min

What is Adidas without Yeezy? It’s making a lot less money for starters. Last year, longtime collaborator Ye — previously known as Kanye West — finally pushed executives too far with his outbursts and...

31 Maj 202327min

Automation has crept into the way all kinds of products are manufactured, but machines have also been making inroads into a different type of industry: food services. Beyond touch screens and self che...

30 Maj 202327min

The Big Take team is taking a knee for the holiday, so we wanted to share one of our favorite episodes. Enjoy, we'll be back tomorrow!-------The global pet economy is expected to reach nearly half a t...

29 Maj 202326min

The shale revolution has powered the US economy, shaken up oil markets, and shaped America’s foreign policy. That may soon begin to change as the growth in shale oil productions slows. Bloomberg Opini...

26 Maj 202326min

Virtual private networks, or VPNs, first emerged in the 1990s as a way for employees to securely log in to their office computer from home. Now, VPN providers market them to people looking to protect ...

25 Maj 202321min