By James Surowiecki November 11, 2022 When you build an empire on funny money, it’s very easy for it to vanish overnight. That’s the simplest way to understand the implosion of former cryptocurrency giant FTX, which declared bankruptcy Friday. When November began, FTX controlled one of the world’s most valuable cryptocurrency exchanges, … Continue reading The fall of FTX shows just how fragile the crypto economy truly is
By Jessica Bursztynsky November 07, 2022 Life in the Gig Economy is a new series that tells the stories of workers in an industry relied upon by millions. If you’d like to share your story, email staff writer Jessica Bursztynsky at Jessicabursz@proton.me Anthony Diaz is 30 years old and has worked … Continue reading Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading
By Michael Grothaus October 17, 2022 A new “Future of Creativity” study from Adobe shows that gender and ethnicity disparities continue to persist in the creative economy when it comes to “non-professional” creatives. Just what is a non-professional creative? It’s someone who produces content but does not consider it their primary job. … Continue reading Exclusive: BIPOC and women ‘non-professional’ creators earn up to 23% less in the creative economy
By Talib Visram September 23, 2022 The market will be key to fighting the climate crisis at the enormous scale needed, according to experts at the Fast Company Innovation Festival. “What’s the one idea that humanity has come up with in the last 1,000 years that’s still transparent, cost efficient and … Continue reading We need to decarbonize the economy at scale. Here’s one clever solution
By Sam Becker September 20, 2022 While the jury is still out on whether the U.S. economy is, in fact, in a recession, there are signals from across the pond that the economic outlook in Europe is worsening. Economist Mohamed El-Erian, chairman of investment firm Gramercy Funds, recently said during a Gramercy webcast that a … Continue reading What would a European recession mean for the U.S. economy?
By Jessica Bursztynsky August 07, 2022 The largest gig-work companies reported earnings last week, and investors were quick to look for any signs that economic pressure is tightening consumer spending. But things weren’t so grim after all. Uber, Lyft, and DoorDash all reported strong revenues, showing that people will still order takeout and hail … Continue reading What the Q2 earnings reports told us about the gig economy
Amazon Prime Day May Be A Benchmark For Spending Trends And The Economy by Laurie Sullivan , Staff Writer @lauriesullivan, July 26, 2022 Adobe on Tuesday released data on key themes and categories around consumer spending habits for Prime Day sales, which the company believes will become a benchmark for spending during the remainder of the year. … Continue reading Amazon Prime Day May Be A Benchmark For Spending Trends And The Economy
How Marketers Are Reassessing Their Budgets As The Economy Dips by Todd Wasserman , July 25, 2022 What is the most popular show on TV? The answer used to be easy: Whatever tops Nielsen’s list. But in the past few years, over-the-top (OTT) programming, which viewers can get with an Internet connection and a TV, … Continue reading How Marketers Are Reassessing Their Budgets As The Economy Dips
The Expansion Is Over: Ad Economy Recedes For First Time In 16 Months by Joe Mandese @mp_joemandese, July 18, 2022 The U.S. ad market contracted 3% in June, marking the first decline since February 2021, according to a MediaPost analysis of data from Standard Media Index’s U.S. Ad Market Tracker. The contraction follows a steady … Continue reading The Expansion Is Over: Ad Economy Recedes For First Time In 16 Months
By Moises Mendez II July 15, 2022 Broadway is having a particularly tumultuous week. Between the news of casting changes at Funny Girl, starring Beanie Feldstein of Booksmart fame, and the closing-date announcement of musical newcomer Paradise Square, after actors were allegedly not paid and two lawsuits were filed against the show’s producers, theater … Continue reading Beanie Feldstein, Broadway, and TikTok: a musical drama built for the creator economy
