The Other NBA Draft

League officials, investors, and Barack Obama are betting they can make basketball Africa’s second-biggest sport—and Africa basketball’s most valuable growth market

TikTok Turns On the Money Machine

The ad revenue is already flowing, and e-commerce is next

The Scuffle Over Your Stock Trades

The SEC’s ideas to change how markets work could shake up the brokerage business

Spotify's Long, Winding, and Pricey Journey Into Podcasting Is Very Much Not Over Yet

The company spent $1 billion on studios and top-tier talent. Now it wants to be podcaster for the everyman

FLUBBED

Inflation blunders have strained the trust that anchored the dollar and other currencies for decades

As Podcasts Boom, Ads Don't Keep Pace

The Covid-19 lockdowns were a boon to those in the business of producing content. People had more time at home, benefiting vast swaths of the media industry, from video streamers to news websites.

Yellen on the Outs

The White House has sidelined the ex-Fed chair on key issues

Stranded

Panic infects a cruise ship as Covid runs through the passengers and crew. Adapted from the new book Cabin Fever

Get Your Pulse Up

With the LiveWire One, Harley-Davidson's electric spinoff brand makes a statement: A motorcycle should make you feel things

Time to Make Nice

Washington is seeking to recalibrate its relationship with Riyadh as oil prices soar

We Are All Value Investors Now

After more than a decade of chasing growth, the market is favoring bargain-priced stocks

Making a Killing With Elk Burgers

The Meating Place has grown from processing game for hunters into a thriving cafe and shop

LEAVING A CHAR

Chefs are grilling salads and coaxing meat lovers to eat their veggies

Are We Still Doing Scooters?

Lime says people are scooting more than ever, but providing urban transit is a hard way to make unicorn-level profits

Bet On It

A Silicon Valley-backed startup wants to bring Wall Street-style trading to the outcome of events. Some regulators say that’s a terrible idea

Opening the Spigot

Conservatives want to limit social media companies’ power to control content

Europe's Travel Rebound Wobbles

A staffing crisis at airlines, airports, and even the Chunnel left some operators overwhelmed

Pivoting to Troll

Elon Musk’s incessant posting may do wonders for his ego and clout in right-wing circles, but it has destroyed value pretty much everywhere else

Where Oil Funds a New Deal

New Mexico is using a tax windfall to pay for moonshot social programs

Astronomical Harassment

A long-term survey of women in astronomy reveals a sordid culture of discrimination and inequality in academia

BUILD BACKS BETTER

In a scoliosis market where treatments have changed little since the 1970s, even new brace technology shows how far we still have to go

The Teen Who Defied DeFi

How a young math whiz nabbed $16 million by exploiting decentralized finance | Index Finance was one of the great hopes of decentralized finance, the blockchain-based movement challenging Wall Street's gatekeepers. With one swift set of transactions, an 18-year-old math prodigy liquidated $16 million of its assets and opened a new legal frontier

The Twitter Deal's Big Debt Bill

If the acquisition goes through, the company will face mounting interest expenses as it tries to grow

A Pharaoh Goes to Oxford

The star of the opera Akhnaten takes his role so seriously, he’s been offered a fellowship in Egyptology

Shanghai's Black Eye

Expats are ditching the city, jeopardizing efforts to turn it into a top financial hub in Asia

Style Points

Shaina Taub, writer and composer of the off-Broadway hit Suffs, takes on The Devil Wears Prada—with some help from Elton John

The End of China's Bulk-Buying Boom

A distinctive form of e-commerce is in free fall after a shift in attitude in Beijing

Wall Street Comes to Nashville

AllianceBernstein relocated 1,000 jobs in an effort to save $80 million a year

Democrats' Inflation Anguish

Legislators are appealing to the White House to "do more" to contain prices

China's Stimulus Won't Bail Out the World

The drag from lockdowns will largely cancel any boost from new spending