Vulture Capitalism argues that there's no fixing the system. Bloomsbury, CC BY-SAVulture Capitalism: Corporate Crimes, Backdoor Bailouts and the Death of Freedom is the latest book from the English economic and political journalist – and rising progressive star – Grace Blakeley.
Liz Truss’s 49 days as UK prime minister will probably be best remembered for her 2022 “mini budget”. Her plan for £45 billion of unfunded tax cuts led to economic panic, caused chaos on the financial markets, and she was forced to quit her job.
The bitcoin halving happens only once every four years. tungtaechit/ShutterstockBitcoin, the largest and most talked about digital asset, has been on a rollercoaster of a ride since its launch in January 2009.
Influencers, online retail and AI have created a new generation of customers for Sephora. TY Lim/ShutterstockSephora, the French multinational retailer of personal care and beauty products, has made a comeback to the UK after an 18-year hiatus.
Gaming might be thought of as a fun and frivolous hobby. The video game industry generates huge amounts of money, but it does little to improve the world.
sweet_tomato/ShutterstockThe Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from –0.1% to a band from zero to 0.1% – a token effort to offer some tightening after decades of loose but unsuccessful monetary policy.
'Computer says yes.' Thongden StudioAs artificial intelligence (AI) steadily increases its hold on the global economy, one of many areas ripe for disruption is consumer pricing. In situations where different consumers are offered the same product or service at different prices, it is now possible to take the discretion away from staff and use a computer to calculate the best price using a combination of historic pricing data, machine learning capabilities and algorithms.
The 0.4% rise in US consumer prices in March didn’t look like headline news. It was the same as the February increase, and the year-on-year rise of 3.5% is still sharply down from 5% a year ago.
A Shinkansen bullet train running past Mount Fuji in Japan. Blanscape/ShutterstockJust ten days before the 1964 Tokyo Olympic Games, Japan opened its Tōkaidō Shinkansen, a high-speed rail line connecting Tokyo with Osaka.
GaudiLab/ShutterstockQuarter Life is a series about issues facing people in their 20s and 30s.
