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Leadership

China’s Communist Party Turns 100, Looks to the Future | WSJ

 

At the Chinese Communist Party’s centennial celebration, President Xi Jinping called for defiance against foreign pressure.

Why the Fed Is Considering a Digital Dollar | WSJ

 

The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It’s considering digitizing the U.S. dollar, giving people money they can access on their phone.

What the Inflation of the 1970s Can Teach Us Today | WSJ

 

Recently, the U.S. inflation rate reached a 13-year high, triggering a debate about whether the country is entering an inflationary period similar to the 1970s.

How The Olympics Became So Expensive For Host Cities -CNBC

 

In 2018, the Rio games were estimated to have a total cost of $20 billion, far beyond the Rio organizing committee’s initial estimate of $2.8 billion. -from CNBC

GameStop Was Nothing Compared to What’s Coming for Wall Street -Bloomberg Quicktake

 

A new generation of investors and influencers are moving markets like never before and they don’t intend to stop anytime soon. -from Bloomberg Quicktake

Will China become the centre of the world economy? | FT

 

FT discusses whether China will dominate global commerce or whether the world economy could split along regional lines.

Wuhan Lab Hypothesis or Animal-Human Leap? The Hunt for Covid-19’s Origins | WSJ

 

More than a year into the pandemic, scientists are still debating Covid-19’s origins. WSJ breaks down key events in three locations in China.

Why Ransomware Attacks Are on the Rise and How the U.S. Can Fight Them | WSJ

 

Ransomware attacks are increasing in frequency, victim losses are skyrocketing, and hackers are shifting their targets. WSJ’s Dustin Volz explains why these attacks are on the rise.

How Times Square Became A Giant Tourist Trap - Cheddar Explains

 

With its brightly lit billboards, costumed characters, and Broadway theater New York's Times Square is known as the crossroads of the world. -From Cheddar

Crypto: will the bitcoin dream succeed? | The Economist

 

Bitcoin and other cryptocurrencies set out to upend the financial order and replace conventional money. Bitcoin has certainly disrupted the global financial system, but can it ever live up to the hype

Are Covid-19 Vaccine Incentives Paying Off? | WSJ

 

Across the country, states are shelling out incentives ranging from free beer to $1 million lotteries to encourage residents to get their Covid-19 shots.

How India ran out of oxygen -Vox

 

In April 2021, India began registering some of the highest numbers of Covid-19 cases in the world. When that happened, the demand for life-saving oxygen soared too. -from Vox

Elon Musk’s Power Over Crypto, Explained | WSJ

 

Elon Musk’s comments on assets like bitcoin and dogecoin have helped send prices sky high and crashing down over the past year. WSJ explains Musk’s influence on cryptocurrency investors.

How Instagram Turned Real Estate Upside Down -Bloomberg Quicktake

 

Influencers have infiltrated nearly every industry as social media increasingly dictates what we buy and how we buy it. This now includes really big purchases like an apartment or a house.

Why the Global Chip Shortage Is Hard to Overcome | WSJ

 

A global chip shortage is affecting how quickly we can drive a car off the lot or buy a new laptop. WSJ visits a fabrication plant in Singapore to see the complex process of chip making.