‘Human creativity is under fire’ says WPP
For all the star-studded splendor of the Cannes Lions International Festival of Creativity, its origins were remarkably modest. To find them, you must leave the French Riviera entirely and return…
Finance
Taylor Swift, the economics of hype, and what the World Cup gets wrong
Taylor Swift accidentally ran a cleaner economic‑impact experiment than the World Cup—and she did it at the right scale. When her Eras Tour hit Philadelphia in May 2023, the Federal…
MacKenzie Scott’s approach to her $26 billion giving spree was inspired by a book she read in college about writing
Before MacKenzie Scott signed the Giving Pledge and started on her path to give away her $36 billion net worth, she went looking for a paragraph in a book she’d…
Social Security faces a 24% cut in 2032—that’s a $345 billion hit to retirees nationwide, watchdog says
Social Security is barreling toward a 24% across-the-board benefit cut in 2032 that would slash roughly $500 a month from the average retiree’s check — a hit that totals about…
Dropbox called hybrid work ‘the worst of both worlds.’ New research suggests it’s down to ‘paradox management fatigue’
A truce of sorts has quelled the return-to-office wars that have raged in the post-pandemic workplace. Hybrid work policies, which require some in-office work while allowing flexibility to work from…
Miami is the World Cup’s best-performing host city — and 45% of its hotels are still projecting a miss
When the U.S. last hosted the World Cup in 1994, the event drew unexpectedly large crowds. At that time, soccer wasn’t as popular among Americans as it is now, so…
A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
On June 1, SpaceX issued an amended registration statement for its upcoming IPO that contains a couple of noteworthy additions to the original filing submitted two weeks earlier. In one…
Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event
For Zurich’s bankers and executives, May 27, 2015, began as a normal Wednesday—until Swiss police stormed the financial hub’s five-star Baur au Lac hotel and arrested seven top officials of…
This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
A small bar on Manhattan’s Upper East Side is turning the NBA Finals into a masterclass in risk management—and a preview of what Wall Street hedging might look like for…
Intel’s new CEO cut management layers in half. The stock is up nearly 500%
In the run-up to the iPhone’s launch in 2007, Apple cofounder Steve Jobs made a fateful decision: Apple would not turn to its partner Intel to make chips for the…