Kevin T. Dugan is an Intelligencer staff writer who covers finance and business. He was previously on staff at Bloomberg, The Information, and the New York Post.
So Are We in a Recession, or What?This economy is a bundle of contradictions, but today’s actions from the Federal Reserve mean a recession is unlikely.
the money game
The Biggest Crypto Investigation YetCoinbase has a yearlong beef with the Securities and Exchange Commission, and an investigation could be hugely consequential for the industry.
economy
Inflation Reaches Another Multi-Decade HighPrices spiked again in June. There is reason for hope, but much higher borrowing rates and a possible recession could loom on the other side.
Elon Musk Tries to Wriggle Out of Twitter DealThe world’s richest man is officially bailing on his $44 billion deal to buy the company, but Twitter’s board says it will meet him in court.
Joe Biden, Oil ManThe president’s call for a summer gas-tax holiday is another pro-oil policy that wouldn’t do much to help people.
the money game
Another Big Crypto Player Just Blew UpThree Arrows Capital, one of the biggest and most prominent players in the space, is now looking for someone to bail it out.
There Is a Future for Gun ControlThe NRA won after Sandy Hook, but today the gun lobby is in disarray and gun safety is slowly making gains in states.
adam neumann
Adam Neumann’s New Business PlanThe former WeWork CEO wants to get rich(er) by helping corporations appear more environmentally sustainable than they really are.
the money game
Money-Losing Season Is HereIt’s been a dismal year for everything from 401(k)s to cash savings to crypto. Expect more pain.
The Crash of Crypto’s Perpetual Wealth MachineThe implosion of an audacious coin project has left the crypto world shaken, regulators fired up, and a lot of retail investors much poorer.
The Man Who Collapsed Wall StreetLast year, Bill Hwang lost $20 billion in two days, exposing the still-dark corners of Wall Street. This morning, he was arrested for fraud.