For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught…

What’s going on with consumers? This is one of the trickiest puzzles of this weird economic moment we’re in. We’ve covered a version of this before under the term “vibecession,” but it’s safe to say,…

TikTok, and other apps like it, are filled with financial advice. Some of it is reliable, some… less so. There are videos about running a business, having a side hustle, generating passive income. And also,…

This episode originally ran in 2015. About one hundred years ago, a scientist and statistician named Francis Galston came upon an opportunity to test how well regular people were at answering a question. He was…

Last month, Japan’s central bank raised interest rates for the first time in 17 years. That is a really big deal, because it means that one of the spookiest stories in modern economics might finally…

In 2019, Mike Ketchmark got a call. Mike is a lawyer in Kansas City, Missouri, and his friend, Brandon Boulware, another lawyer, was calling about a case he wanted Mike to get involved with. Mike…

There’s been a lot of disagreement in Congress and in the country about whether the U.S. should continue to financially support the wars in Ukraine and Gaza. Some taxpayers don’t think the U.S. should give…

(Note: This episode originally ran in 2020.) In the restaurant game, you need to make the most of every table every minute you are open. And you need to make sure your guests are happy,…

It is rare that a new e-commerce company has such a meteoric rise as Temu. The company, which launched in the fall of 2022, has been flooding the American advertising market, buying much of the…

Steel manufacturing was at one point the most important industry in the United States. It was one of the biggest employers, a driver of economic growth, and it shaped our national security. Cars, weapons, skyscrapers……