Robert Reich's writes at robertreich.substack.com. His latest book is "THE SYSTEM: Who Rigged It, How To Fix It." He is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow…
Not a Housing Bubble
Source: Len Keifer Alas, the bubble callers are out and about, this time, calling a new bubble in housing. I will spare you my usual lecture on denominator blindness, and point out this…
How to Get the Most Out of Your…
What is the best way to motivate the financial engineers and quants who work in your firm? If you are Gary Chropuvka, President of hedge fund World Quant, you use the firm’s unique culture to…
Virgin Galactic unveils VSS Imagine spacecraft for suborbital…
Virgin Galactic unveiled its latest spacecraft on Tuesday, the VSS Imagine. It's the first of a new class of vehicles the firm is developing for suborbital space tourism. VSS Imagine will begin testing this summer,…
A year without student loans has meant survival,…
More than one year ago, the federal government announced relief measures for student loan borrowers. Monthly payments were halted and interest rates stopped accruing amid the COVID-19 national emergency. Eight borrowers share with Insider what…
The maker of Lil Nas Xs satan shoes…
Nike is suing a company called MSCHF and accusing it of trademark infringement. MSCHF's "Satan Shoes," which dropped on Monday, look like Air Max 97s and include the Nike Swoosh. MSCHF's CEO previously told Insider that legal…
Santander Reaches Out to Loonie Bond Buyers as…
A logo stands on the exterior of a Banco Santander SA bank branch in Madrid. Photographer: Paul Hanna/Bloomberg Photographer: Paul Hanna/Bloomberg Banco Santander SA’s executives have contacted bond investors in Canada at a time when…
Hu chocolate founder, starts HumanCo and $288 million…
HumanCo is aiming to become a better-for-you version of Nestle or Unilever. Jason Karp, its founder and CEO, was one of the founders behind Hu chocolate. Karp said he wants to invest in brands that…
At Zimmerman Advertising, employees allege racism and sexism
Employees say Zimmerman Advertising has a culture of micromanaging, bullying, misogyny, and racism. Some said founder Jordan Zimmerman told staff he'd replace them with newly let-go people if they didn't work harder. Some are anxious…