Ambition Is Out

When Rafy Evans, 25, was a teenager, she adopted a mantra to guide her blossoming career aspirations: “I want my work to be about my life, and I want my life to be about my work.”

Evans came of age in what she calls the “girlboss” era, idolizing female entrepreneurs like Nasty Gal’s Sophia Amoruso and Glossier’s Emily Weiss. After graduating college, sh…

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Biden’s Last-Ditch Effort to Stop Evictions Frustrates Allies

The day before a moratorium on evictions is set to expire, President Joe Biden faces criticism from some of his allies for his hasty effort to preserve it—and for not acting sooner to prevent what they view as an imminent housing crisis.

Biden asked Congress on Thursday to act swiftly to extend the ban on evictions, set to expire on Saturday. But Democratic lawmakers are divided on …

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Our Shopping Habits Are Causing a Literal Stink

The world is on a spending spree, and no matter what you’re buying, it’s probably going to have been in a box at some point along its route to you.

That means companies are rushing to build pulp mills and box factories to meet demand, and many of them are in the United States. About 40 billion boxes—equal to 407 billion square feet, which is roughly the size of Switzerla…

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How the Silicon Valley Bank Crisis Boosted Banking Startup Brex

Not many people start multi-billion dollar businesses, and you can count on two hands the number of people who achieve that goal before they’re 30. Henrique Dubugras, 27, CEO of payments platform Brex, and his cofounder Pedro Franceschi, 26, are two of them. The pair came to the U.S from Brazil in 2016—after founding and selling fintech company Pagar.me in Brazil—to attend Sta…

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Fran Drescher Explains the SAG-AFTRA Strike

SAG-AFTRA, the union that represents some 160,000 performers, went on strike on July 13, joining the WGA in the organizations’ first concurrent work stoppage since 1960 and effectively bringing Hollywood to a standstill. The most prominent—and also the most unmistakable—voice in this fight belongs to Fran Drescher. Elected SAG-AFTRA president in 2021, The Nanny’…

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What Bank Sector Turmoil Means for the Economy

Within the last couple of weeks, global markets have become jittery about the banking sector, after a series of concerning events that started with the collapse of Silicon Valley Bank (SVB)—the biggest bank failure in the U.S. since the 2008 financial crisis. SVB and Signature Bank have been taken over by U.S. regulators, and in Switzerland over the weekend Credit Suisse was bought by UBS…

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The U.S. Crypto Crackdown Could Reshape the Industry

The U.S. crypto community has long regarded Gary Gensler as one of its foremost enemies. Over the last few years, the Securities and Exchange Commission (SEC) chair has talked often about the dangers of cryptocurrencies and the need to strongly regulate the industry.

And since the FTX crash in November, Gensler has only stepped up his aggression against crypto. While Congress has made lit…

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TikTok’s ‘De-Influencers’ Tell You What Not to Buy

When looking for recommendations on what to buy, popular social media influencers and celebrities are always around to peddle the hottest item of the moment. But some may reconsider their spending habits after looking through TikTok’s “de-influencing” campaign, which shares what viral products are not actually worth buying.

The app’s “deinfluencing” ta…

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Elon Musk Offloads $4 Billion of Tesla Shares

Elon Musk sold about $4 billion worth of Tesla Inc. stock days after reaching a $44 billion deal to buy Twitter Inc.

The Tesla chief executive officer offloaded 4.4 million shares on April 26 and April 27, according to regulatory filings. Musk has now disposed of more than $20 billion worth of stock in the electric-car maker during the last six months.

The world’s wealthiest m…

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Women Drive Wealth. So Why Is Equity Still Inequitable-

I spend every day working with leaders trying to close the gender gap. As a founder myself, we’re up against it. What gets headlines is the fact that only 2% of all VC funding goes to women, and less than 1% to women of color.

While the math doesn’t lie, we’re focused on the wrong stat. We can’t allow this to be the accepted reality because this number is a reflect…

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