In this issue

Economists said the pressure would ease. We’re waiting.

Powell should be as tough on unemployment as Volcker was on prices.

Attention, investors: Some shelters are sturdier than others.

Ghost in the Machine
The 737 Max was unsafe, and pilots got blamed. An excerpt from Flying Blind

Strongmen? Us?

Don’t let their confidence fool you: Xi, Putin, and other authoritarians are increasingly vulnerable at home

6 mins

Retailers Gain The Upper Hand

○ Supply chain disruptions will mean fewer deep discounts for shoppers this Christmas

4 mins

GM's Exit From India Hits a Roadblock

The long-delayed sale of its plants to a Chinese company faces local labor and political opposition

5 mins

Fortnite Hits The Wall

○ China wants kids playing fewer video games, which is bad news for the companies making them

6 mins

Rivian's Success Is a Tribute to Tesla

Why is a company with no sales worth $130 billion? Belief in EVs

4 mins

Teaching Digital Currencies Not to Guzzle

Alternatives to “mining” augur power-sipping coins

4 mins

There's a Blockchain App for That

○ The technology is being used for digital health passports, banking, and gaming

4 mins

Crypto's Regulation Fix: We'll Handle It

Execs say traditional agencies don’t have the tools or expertise to oversee the sector alone

4 mins

Xi's Great Moderation

The Chinese leader wants to downsize the real estate sector, even if it means sacrificing economic growth

4 mins

Ghost at the Controls

Boeing insisted pilots didn’t need expensive training for the new 737 Max and wouldn’t have trouble diagnosing software errors midflight. Then Maxes started pointing themselves toward the Earth. Adapted from the new book Flying Blind: The 737 Max Tragedy and the Fall of Boeing, by Peter Robison

10+ mins

The Most Broken Business in America

Biden’s Build Back Better plan may make day care more affordable for parents—if the providers don’t go belly up first

10+ mins

The Gucci Girlfriend

A love affair with Sheree McLaughlin led fashion scion Maurizio Gucci to leave his wife—a decision that would get him killed. As audiences ready for Ridley Scott’s retelling in House of Gucci, McLaughlin shares her story for the first time.

10+ mins

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