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The Humbling of Coinbase

In just over a year, the United States’ largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.  » mehr lesen

Dee Hock, Credit Card Visionary, Is Dead at 93

As chief executive of Visa, he transformed a struggling company into a global powerhouse and the world’s leading credit card network.  » mehr lesen

Carried Interest Is Back in the Headlines. Why It’s Not Going Away.

Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.  » mehr lesen

Amazon to Buy Maker of the Roomba for $1.7 Billion

The acquisition of iRobot Corp., maker of the robot vacuum, will add to Amazon’s roster of smart home devices, which includes the Alexa virtual assistant and Ring doorbells.  » mehr lesen

What the 1980s Can Teach Us About Interest Rates and Inflation

When inflation was soaring 40 years ago and the economy slowed, short-term investing was perilous. But people with patience and long horizons came out fine.  » mehr lesen

Sinema’s Puzzling Defense of the Carried Interest Loophole

Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity.  » mehr lesen

Why College Students May Need Renter’s Insurance

The insurance can help pay for property damaged in a fire or stolen. And replacing clothes, furniture and electronic gadgets adds up.  » mehr lesen

Spain Limits Air-Conditioning to Save Energy

The country this week became the latest to announce restrictions, in part to promote energy efficiency but also to reduce consumption of Russian gas.  » mehr lesen

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