Cardi B Delivers Perceptive, Profanity-Laced Analysis of High Home Prices, Rents
The rapper blamed a lack of "motherfucking inventory" for high home prices and rising rents in low-income neighborhoods. She's not the only one.
Finance
Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined
Plus: The Virginia Libertarian Party dissolves, San Franciso decriminalizes psychedelic plants, and more...
New Loan Program for Black, Latino Neighborhoods Isn't 'Explicitly Racist'
But Bank of America's Community Affordable Loan Solution program will likely be a gentrification accelerating machine.
Zach Weissmueller: Why Cryptocurrency Privacy Software Restrictions Violate Free Speech Rights
Senior Producer Zach Weissmueller explores how the crackdown on cryptocurrency tools has implications for free speech and financial privacy.
Marc Andreessen's High-Tech Fix for the Housing Crisis Lets Him Keep Being a NIMBY
The venture capitalist's $350 million investment in WeWork founder Adam Neumann's new venture Flow is supposed to help renters build community and equity. They'd be better off if we just built housing instead.
Recession 'Virtual Certainty' as Interest Rates Spike
Plus: Libertarian Party drama, how rent control hurts renters, and more...
What the Hell Just Happened With Crypto?
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
Getting Paid in Bitcoin
Unfortunately, an automatic crypto purchase made with after-tax earnings won't lower your taxable income.
Why Are the Feds So Mad About Bitcoin Retirement Investing?
The Department of Labor and Sen. Elizabeth Warren have strong opinions about Fidelity’s new 401K option
The World Is Fragmenting, Making Us More Poor and Isolated
The sanctions that punish Russia are shattering the global economy.
Biden Has His Eye on Bitcoin
The president's anticipated executive order stopped short of feared regulations but suggests federal unease with uncontrolled development.
Banning Lawmakers From Trading Stocks Won't Fix Congress
But it will make the market worse.
New York Times Writer Sarah Jeong Says Inflation in the News Is Just 'Rich People Flipping Their Shit'
Are normal Americans worried about inflation? Jeong says nope, it's a ginned-up outrage because rich people's "parasitic assets aren’t doing as well as they’d like."
Banks and Trade Groups Reject Saule Omarova, Biden's New Currency Comptroller Pick
Omarova's starry-eyed view of the Soviet Union and interest in giving far more power to the Federal Reserve should not inspire confidence.
Biden's Inflation Scapegoat Is 'Profiteering'
Profligate government spending supposedly has nothing to do with it.
Regulators Threaten Coinbase and Cryptocurrency Innovation
Innovation should be more important than regulation.
Biden Wants To Track Cryptocurrency, but Bitcoin Seems Safe (for Now)
There are any number of ways regulators may seek to clamp down on cryptocurrencies.
Is International Surveillance of Cryptocurrency Use on Its Way?
Say what you will about the U.S., but its financial reporting rules are at least consistent.
SPAC Attack: SEC Slowdown Hits Investment Vehicle
SPACs give ordinary investors a chance for big returns, but the SEC approval process is fraught with delays.
Elizabeth Warren and the SEC Should Let the GameStop Lulz Go On
The last thing this game-inspired, meme-powered finance fight needs is federal meddling.
Federal Regulations Have Forced Lower-Skilled Workers Out of Banking Jobs
Regulations have hiked up the cost of doing business, causing firms to automate and hire more employees with advanced degrees.
Cash Remains Healthy as the Pandemic Rages
People like the convenience of digital transactions, but they rely on the anonymity and reliability of physical money.
Will the Fed Edge Out the Competition With Real-Time Payments?
The Federal Reserve's impact on the real-time payments market all hinges on its willingness to play by the rules.
Fossil Fuel Divestment Is Not Going to Go the Way Bill McKibben Thinks
But doesn't mean ruling out disruptive new energy technologies.
Access to Obama White House Brought Companies Better Stock Performance, Study Shows
In "All the President's Friends: Political Access and Firm Value," finance professors outline three ways government meetings may be valuable to companies.
James Altucher Found Himself by Losing Everything (and You Can Too!)
Q&A with this riches-to-rags evangelist for personal reinvention.
How Payday Lenders and Check Cashers Help the Poor
An Ivy League professor went to work in the industry to figure out why so many Americans choose to remain "unbanked."
Banks Flagging Frequent Pharmacy Trips, Bulk DVD Rentals, and Other Ordinary Activity to Turn Over Tips to Government Snoops
All sorts of normal behavior are now triggering financial surveillance as banks try to comply with confused government policies on human trafficking.
U.S. Army Audit Finds Trillions of Dollars in "Wrongful" Financial Adjustments
With these kind of numbers, a balanced military budget is simply illusory.
Bot-Run Company of the Future Gets Hacked
A funny thing happened on the way to a post-capitalist, crypto-anarchist utopia.
Barack Obama, Venture Capitalist?
"The conversations I have with Silicon Valley and with venture capital pull together my interests ... in a way I find really satisfying," the president said.
Is Blockchain Technology a Trojan Horse Behind Wall Street's Walled Garden?
At the Bitcoin/blockchain industry's flagship annual conference, blue chip banks were out in force.
SEC Says Amazon Must Allow Vote on 'Gender Pay Gap' Even If No One's Quite Sure What the Term Means
Amazon says the wage-gap proposal is "vague and misleading" but securities regulators disagreed.
Bitcoin Isn't Dead—But It Is Threatened by Tech Infighting
The cryptocurrency's crucial censorship-resistant property is not stewarded as cautiously as it should be by those in the Bitcoin community.
Paris Climate Change Conference
Poor Countries Demand $3.5 Trillion in Climate Finance at Paris Conference
Seventh Dispatch: U.S. reportedly threatens to walk out
Paris Climate Change Conference
Paris Universal Climate Agreement Final Draft Released
Fifth Dispatch: Here's betting that activists decry it as a "weak" accord.
Paris Climate Change Conference
New Paris Draft Climate Accord Unveiled: It's All About the Cash
Fourth Dispatch: Saving the climate is nice and all, but where's the money?
Paris Climate Change Conference
Paris Climate Conference: State of Play as Week Two Begins
First dispatch: A final universal climate accord by the end of the week?
Paris Climate Confab Preview: Culmination or Crack-Up?
The endgame in the quest for a universal climate treaty
Why Donald Trump Is to Blame for the Stock Market Crash
Markets are finally taking note of the fact that the GOP candidate atop the polls is someone whose policies are the opposite of the pro-growth approach.
Bitcoin: Great Libertarian Hope or Already Co-opted By Wall Street Banks?
Q&A with Nathaniel Popper on his new book, Digital Gold.
Backpage.com Says Screw Off to Squeamish Credit Card Companies by Dropping Fees For Adult Ads
Score one for sex workers, capitalism, and common sense.