On the surface, the Inflation Reduction Act that President Biden signed into law on Tuesday may sound like a massive government spending program. Indeed, it promises to put nearly $370 billion in federal funding behind the energy transition.
But, if you dig deeper, the IRA is less about the power of government spending and more about the power of the private sector. The tax incentives, lo…
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As Anthony Okocha started hearing more and more talk about a potential recession earlier this year, he didn’t get nervous—he got practical. The 2021 college grad says his mindset became “control what I can control and minimize the risk of what I cannot,” while taking steps to prepare for a recession.
“My main focus is on becoming indispensable, or as close to…
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There’s been a cosmic shift in the Bravoverse. For fans of Vanderpump Rules, there will now always be a before and an after the moment they first found out about “Scandoval.”
It all started just after 3 p.m. ET on Friday, March 3 when TMZ dropped a report that OG Vanderpump Rules star Tom Sandoval had been cheating on his girlfriend of nine years, Arian…
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A few months after I graduated from Stanford’s business school in 2013, Theranos was generating buzz on campus—and not all of it was good.
One evening, I found myself in a dinner party conversation with a group of some of the university’s brightest scientific minds. When talk landed on the still mostly-unknown medical technology startup that had raised nearly $100 millio…
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Starbucks joined McDonald’s in announcing a permanent end to its operations in Russia this week, having previously suspended trading in Russia in March. The news comes amid an exodus of Western businesses from Russia, including tech giant Apple and furniture retailer IKEA.
Following Russia’s invasion of Ukraine, Western businesses in Russia have been rushing towards the exit, …
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The best songs of 2022 sounded great across mediums, whether soundtracking a TikTok video, blasting out of a car window, or emitting out of a tiny speaker next to a campfire. These songs arise from some of the biggest rising stars from reggaeton, hip-hop, country and indie rock; they tell vivid stories, close cultural gaps, and this year, made us dance and cry.
10. “Jack,&r… Read more
On January 5, the Federal Trade Commission announced a policy initiative that could be a major boon for labor. It proposed to ban non-compete clauses for all workers—no exceptions. These contracts bind tens of millions of workers today across nearly all occupations. The FTC estimated its proposed prohibition could increase workers’ collective earnings by as much as $300 billion per …
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Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening in more than a generation to curb surging inflation—but risking a sharp blow to the economy.
Policy makers, facing the hottest price pressures in 40 years, lifted the target range for the federal funds rate on Wednesday to 2.25% to 2.5%. That ta…
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Ada Limón, the author of six books of poetry, started her term as the 24th Poet Laureate of the United States on September 29. As host of the podcast The Slowdown, she focuses on new ways to make poetry accessible. In the below conversation, she talks about drawing inspiration from nature; tears; and her hopes for the next generation of poets.
What’s the state of …
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Tucker Carlson is starting a show on Twitter after being fired by Fox News.
On Tuesday, Carlson posted a three-minute video on Twitter, lamenting the decline of free speech and saying he would bring a “new version” of the show he’d done on Fox to Twitter “starting soon.”
Carlson was ousted last month from Rupert Murdoch’s Fox Corp. empire. Lawyers…
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