In this issue

High-Maintenance Sanctions
Seized Russian superyachts cost the US and Europe millions to keep afloat.

John Riccitiello Wants to Mint the Metaverse
The controversial CEO bets Unity’s future on commercializing virtual worlds.

Governing Just Impossible Again

●The new era in Congress through the lens of the GOP speaker-in-waiting

7 mins

Remember the debt ceiling fights? Now add a recession

Americans were already unhappy with the economy of 2022. Republican control of the House threatens to make 2023 worse.

4 mins

Florida doesn't belong just to Trump anymore

There was one surprise loser on election night, and he wasn’t even on the ballot: Donald Trump and his extremist brand of politics.

1 min

Support for abortion rights turned out to be a key issue after all

Signs from a protestin Washington, DC, on Oct. 8

2 mins

Peter Thiel's far-right crusade is just getting started

In mid-September, Peter Thiel appeared at the National Conservatism Conference in Miami to offer a bit of advice to the far-right movement that he helped create and for which he serves as the key financial patron. During the speech, Thiel complained that the Republicans had failed to offer a policy agenda to voters.

6 mins

Can Cineworld Find A Happy Ending?

A costly pre-pandemic expansion landed the world's No.2 theater chain in bankruptcy. Now streaming and a dearth of may seal its fate blockbusters

6 mins

Europe's Wageflation Hangover

The recent season of strikes at big companies shows workers are determined to boost pay in 2023

5 mins

Chess Faces Its Al Crisis

High-stakes cheating allegations illustrate how technology complicates ideas of human mastery

6 mins

Can Adobe Change?

The company wants to transform itself by buying Figma, but customers and regulators have concerns

3 mins

Elon Versus Math

Twitter’s new debt load means it has to make big, risky changes really fast

3 mins

First Boston Hits the Road

Can an old brand spun out from Credit Suisse find a place on the new Wall Street?

6 mins

Meta's Moonshot Puzzle

Do investors in Facebook’s parent want to bet on virtual reality, too?

3 mins

China's New No.2

Li Qiang, a Xi Jinping acolyte, faces major challenges in steering the economy

5 mins

Left in The Dark

○ Europe’s buying up gas in a big way, causing shortages and blackouts elsewhere

5 mins

A Temple of Female Athletic Achievement

A neighborhood watering hole in Portland shows only women’s sports

5 mins

The Zelle Loophole

Small-business owners are using the service to keep income secret from the IRS, though that’s illegal

3 mins

Beyond Pickleball

Teqball, a fusion of soccer, pingpong and tennis, is growing in popularity in the US

3 mins

You'll Pay For This

American and European taxpayers are helping maintain Russian superyachts stuck in legal limbo

10+ mins

ONE OF THE MOST HATED EXECS IN GAMING IS HEADING TO THE METAVERSE

John Riccitiello generated billions of dollars for Unity Software by turning mobile games into an advertising wasteland. Now one of the industry’s most controversial figures has plans to bring that same sensibility to the virtual world

10+ mins

Americans Still Have a Lot of Cash

Just before the pandemic, in the fourth quarter of 2019, American households held about $1 trillion in what was effectively cash—currency and accounts against which checks could be written.

2 mins

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