Siddharth Singh 
When the final Airbnb price is established, the online buying business is facing more 52-week lows than the groupchat. Many prominent e-commerce shops are reporting reduced sales as the pandemic-fueled boom fades and shoppers return to real stores, warning that the industry is facing a brick-and-mortar wall. Add recession to your shopping cart? Last week, … Read more
All of the worst puns are saved for the most important central bank meetings. Yesterday, Fed Chair Jerome Powell raised interest rates by a half-percentage point. It’s a) the greatest rate hike since 2000, and b) the first time the Fed has raised rates in consecutive meetings since 2006. This isn’t your typical move, but … Read more
The abortion earthquake that shook the country on Monday night kept shaking the country on Tuesday. People saw a leaked draught Supreme Court opinion from Politico, and it said that the court would strike down Roe v. Wade, which would leave abortion laws up to each state and take away abortion rights for millions of … Read more
The Supreme Court has voted to overturn Roe v. Wade, according to a draft opinion that was leaked to Politico. It’s a shocking development that would end the constitutional right to an abortion that has been enshrined since 1973. The leak itself is unprecedented. Never in the court’s modern history has an opinion been made public … Read more
A lot of people in the world of investing use air fryers. Warren Buffett is a slow cooker, though. At Berkshire Hathaway’s annual shareholders meeting, the 91-year-old investing legend talked about his “buy and hold” investing strategy with a huge crowd of people who were interested in money. It’s worked out well this year. Ten … Read more
By now, you might have checked Instagram twice, looked at TikTok, and opened seven new browser tabs with no idea which site you were going to visit. Getting off track is easy. When Nir Eyal wrote Indistractable in 2019, it was to help us live a more intentional life. It has lots of practical advice … Read more
The US stock market just had its worst month since March 2020, when the pandemic caused the world to shut down. In April, the S&P lost 8.8%, the Dow lost 4.9%, and the Nasdaq lost 13.3%. This is the worst month for the Nasdaq since 2008. In other words, the world isn’t shut down right … Read more
President Biden said he’ll make his much-anticipated student loan forgiveness announcement in a few weeks. That’s fine, because we do the same thing. So while we wait, let’s look at what Biden will do on this politically charged, $1.7 trillion issue. Forget about $50,000. The president said he’s “thinking about” cutting back on debt, but … Read more
Mark Zuckerberg delivered a gaffe of historic proportions during Meta’s earnings call in February: The company’s stock experienced the greatest one-day wipeout on Wall Street after revealing its first ever fall in daily users. Meta just had to clear a limbo stick seven feet in the air this time, and she passed. When the company … Read more
Still recovering from Twitter’s decision to accept Elon Musk’s buyout offer? They claim the only way to get better is to drink more. Here’s the latest on the world-shattering transaction. Tesla’s stock has plummeted. Musk’s electric vehicle company’s stock dropped more than 12% yesterday, wiping out more than $125 billion in market value. Investors may … Read more