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Business & Finance

Vox's coverage of business and finance: the stock market, the economy, companies behaving badly, and more.

Is Nvidia stock overvalued? It depends on the future of AI.
Business & Finance

It has been a wild few days for Nvidia stock. But the hype isn't dying down anytime soon.

By Nicole Narea
Julian Assange’s release is still a lose-lose for press freedomJulian Assange’s release is still a lose-lose for press freedom
Media

The Wikileaks founder will plead guilty to violating the Espionage Act for publishing leaks about the Iraq War.

By Ellen Ioanes
Why do all the world’s best athletes do Subway commercials?Why do all the world’s best athletes do Subway commercials?
Money

The glitzy campaign, featuring stars like Patrick Mahomes, Simone Biles, and Travis Kelce, is part of an aggressive effort to fix its deep-seated problems.

By Whizy Kim
The golden age of retail loyalty programs is hereThe golden age of retail loyalty programs is here
Money

Why every store wants to give you something for (almost) nothing.

By Whizy Kim

The latest in Business & Finance

This article is OpenAI training dataThis article is OpenAI training data
Technology

AI is holding the internet hostage — and media is no exception.

By Bryan Walsh
What’s really happening to grocery prices right nowWhat’s really happening to grocery prices right now
Money

Target and Walmart are talking about their price cuts. How big of a deal is it?

By Whizy Kim
Red Lobster’s mistakes go beyond endless shrimpRed Lobster’s mistakes go beyond endless shrimp
Audio
Today, Explained podcast

Does the restaurant's bankruptcy signal rough seas ahead for casual dining chains?

By Denise Guerra and David Pierce
What the Biden administration is doing about ludicrously expensive concert ticketsWhat the Biden administration is doing about ludicrously expensive concert tickets
Culture

The government filed a lawsuit to break up Ticketmaster's parent company.

By Nicole Narea
The real reason it costs so much to go to a concertThe real reason it costs so much to go to a concert
Money

We can’t just blame Ticketmaster and scalpers.

By Whizy Kim
Leaked OpenAI documents reveal aggressive tactics toward former employees
Future Perfect

Has Sam Altman told the truth about OpenAI’s NDA scandal?

By Kelsey Piper
Why are Americans spending so much?Why are Americans spending so much?
Money

They say the economy is bad, but they’re spending like it’s booming.

By Nicole Narea
Meme stocks like GameStop are soaring like it’s 2021Meme stocks like GameStop are soaring like it’s 2021
Business & Finance

To quote Elon Musk, “Gamestonk!!”

By Nicole Narea
How a bunch of Redditors made GameStop’s stock soarHow a bunch of Redditors made GameStop’s stock soar
Money

Much to the chagrin of the hedge funds attempting to short it.

By Emily Stewart
Boeing’s problems were as bad as you thoughtBoeing’s problems were as bad as you thought
Money

Experts and whistleblowers testified before Congress in April. Now, a second whistleblower is dead.

By Whizy Kim
Food delivery fees have soared. How much of it goes to workers?Food delivery fees have soared. How much of it goes to workers?
Money

Amid delivery discourse, a new report claims to shed some light on DoorDash’s delivery fees.

By Whizy Kim
Are there really more things going wrong on airplanes?Are there really more things going wrong on airplanes?
Future Perfect

Noticing more problems with Boeing planes doesn’t mean there are actually more problems with aviation safety.

By Kelsey Piper
The rise of the scammy car loanThe rise of the scammy car loan
Today, Explained newsletter

How much is too much to pay for a car?

By Marin Cogan
AI “agents” could do real work in the real world. That might not be a good thing.AI “agents” could do real work in the real world. That might not be a good thing.
Future Perfect

Why AI agents that could book your vacation or pay your bills are the next frontier in artificial intelligence.

By Kelsey Piper
How MAGA broke the mediaHow MAGA broke the media
Politics

Recent controversies surrounding Ronna McDaniel and Candace Owens show how the media struggles to handle the increasingly extreme right.

By Zack Beauchamp
How Sam Bankman-Fried’s sentence stacks up against the century’s biggest fraudstersHow Sam Bankman-Fried’s sentence stacks up against the century’s biggest fraudsters
Business & Finance

SBF vs. Bernie Madoff, Elizabeth Holmes, Allen Stanford, and Jeffrey Skilling.

By Nicole Narea
Sam Bankman-Fried’s trial pulled back the curtain on cryptoSam Bankman-Fried’s trial pulled back the curtain on crypto
Crypto

The criminal conviction of the once-lionized cryptocurrency billionaire will have ripple effects on the entire industry.

By Whizy Kim
Apple is facing a new antitrust lawsuit that could dethrone the iPhoneApple is facing a new antitrust lawsuit that could dethrone the iPhone
Technology

Does Apple have a monopoly on smartphones? The Justice Department thinks so.

By Nicole Narea
Reddit is going public. Will its unruly user base revolt?Reddit is going public. Will its unruly user base revolt?
Business & Finance

Reddit could become the next meme stock — or flop.

By Nicole Narea
Uber-style pricing is coming for everythingUber-style pricing is coming for everything
Money

More and more industries are adopting “dynamic pricing” — and consumers aren’t happy.

By Whizy Kim
TikTok could avoid a ban with a sale. Finding a buyer won’t be easy.TikTok could avoid a ban with a sale. Finding a buyer won’t be easy.
Technology

Former Treasury Secretary Steve Mnuchin is among those lining up to buy TikTok if Congress enacts a law that forces its Chinese owner to sell.

By Nicole Narea
Bitcoin is ... back?Bitcoin is ... back?
Business & Finance

Bitcoin’s surge is fueling crypto optimism.

By Nicole Narea
The Supreme Court will decide if the government can seize control of YouTube and TwitterThe Supreme Court will decide if the government can seize control of YouTube and Twitter
Supreme Court

We’re about to find out if the Supreme Court still believes in capitalism.

By Ian Millhiser
A brief history of Silicon Valley’s fascination with drugsA brief history of Silicon Valley’s fascination with drugs
Big Tech

Sure, Elon Musk’s into ketamine and Peter Thiel has his doping Olympics, but drugs and tech are nothing new.

By Whizy Kim
A European grocery chain is boycotting high prices. Could it happen in the US?A European grocery chain is boycotting high prices. Could it happen in the US?
Money

Inflation is cooling, but food companies keep raising prices.

By Whizy Kim
How Boeing put profits over planes
Money

The fall of Boeing has been decades in the making.

By Whizy Kim
Where do billionaires come from? Mom and Dad.Where do billionaires come from? Mom and Dad.
Billionaires

The great billionaire wealth transfer means people born very, very rich are going to stay very, very rich.

By Whizy Kim
How copyright lawsuits could kill OpenAIHow copyright lawsuits could kill OpenAI
Technology

The New York Times v. OpenAI, explained.

By Adam Clark Estes
The Biden administration’s plan to slash bank overdraft fees, explainedThe Biden administration’s plan to slash bank overdraft fees, explained
Business & Finance

Nobody likes overdrafting their bank account. Biden wants to make it less painful.

By Nicole Narea
How plagiarism became the latest weapon in the culture wars
Culture

The fight over plagiarism is the harbinger of a messy new era.

By Constance Grady
Who is Bill Ackman and why is he so mad?Who is Bill Ackman and why is he so mad?
Billionaires

The aggrieved billionaire is gunning for Harvard, Business Insider, and anyone who talks about his wife.

By Whizy Kim
We’re all addicted to cheap stuff — and Temu knows it
Money

How the new Chinese shopping site came from seemingly nowhere and is changing the way we shop.

By Whizy Kim
Starbucks has lost $11 billion market value, and not because of boycottsStarbucks has lost $11 billion market value, and not because of boycotts
Money

Starbucks’s messy December, explained.

By Emily Stewart
Israel’s wartime assault on the free pressIsrael’s wartime assault on the free press
Israel

With dozens of reporters dead in Gaza and others harassed and censored inside Israel, experts are deeply concerned about press freedom in “the Middle East’s only democracy.”

By Nicole Narea
Elon Musk’s attempt to silence his critics will be heard by one of America’s worst judgesElon Musk’s attempt to silence his critics will be heard by one of America’s worst judges
Supreme Court

Reed O’Connor is one of the most unapologetic Republican partisans in the entire federal judiciary.

By Ian Millhiser
The annoying — and hard to solve — problem of stolen packages
Money

A thoroughly modern nuisance for consumers, shippers, and retailers alike.

By Whizy Kim
The author Michael Lewis on the lessons of Sam Bankman-FriedThe author Michael Lewis on the lessons of Sam Bankman-Fried
Audio
The Gray Area

Why did so many people believe in SBF — and what should we think now?

By Sean Illing
The whole Taylor Swift-NFL cross-promotion thing is starting to feel ickyThe whole Taylor Swift-NFL cross-promotion thing is starting to feel icky
Money

Even Travis Kelce thinks it’s a bit much.

By Emily Stewart
Why your $7 latte is $7Why your $7 latte is $7
Money

Your expensive coffee habit is indeed getting even more expensive.

By Emily Stewart
Twitter’s CEO had a wild, combative appearance at the Code conferenceTwitter’s CEO had a wild, combative appearance at the Code conference
Technology

Linda Yaccarino used to sell TV advertising. Selling Elon Musk is a whole different deal.

By Peter Kafka