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Business & Finance

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

Technology
Ben Smith’s Semafor is live. He says it will take 10 years to get it right.Ben Smith’s Semafor is live. He says it will take 10 years to get it right.
Technology

A Q&A with the co-founder of the news startup.

By Peter Kafka
Today, Explained podcast
Why fighting inflation will disproportionately hurt Black workersWhy fighting inflation will disproportionately hurt Black workers
Podcast
Today, Explained podcast

The Fed’s rate hikes carry an implicit assumption: Double-digit Black unemployment is worth lower inflation.

By Miles Bryan
Politics
America’s Trumpiest court just declared an entire federal agency unconstitutionalAmerica’s Trumpiest court just declared an entire federal agency unconstitutional
Politics

The Fifth Circuit’s opinion in Community Financial v. CFPB is completely incoherent.

By Ian Millhiser
Skanda Amarnath is figuring out how to fight inflation while keeping people employed
The 2022 Future Perfect 50

The head of Employ America has swiftly become one of the most influential voices lobbying the Federal Reserve to save workers.

By Dylan Matthews
Technology
Oops, we forgot to fix the supply chainOops, we forgot to fix the supply chain
Technology

Some experts say it never really broke.

By Rebecca Heilweil
The 2022 midterm elections, explained
Why Cheri Beasley might be Democrats’ most underrated Senate candidateWhy Cheri Beasley might be Democrats’ most underrated Senate candidate
The 2022 midterm elections, explained

Can she break Democrats’ losing streak in North Carolina?

By Nicole Narea
Politics
Is the stimulus to blame for high inflation?Is the stimulus to blame for high inflation?
Politics

While many economists agree that the American Rescue Plan did worsen inflation by giving people more money to spend, they continue to disagree about the extent.

By Madeleine Ngo
Why food keeps getting more expensive
Politics

Food prices continued to rise in September as consumers spent more on everything from meat and cereal to fruits and vegetables.

By Madeleine Ngo
Technology
Welcome to Netflix — with adsWelcome to Netflix — with ads
Technology

Netflix’s new cheaper subscription has ads, but it doesn’t have all of its shows and movies.

By Peter Kafka
World Politics
OPEC was always going to mess with oil prices. Was Biden’s team naive?OPEC was always going to mess with oil prices. Was Biden’s team naive?
World Politics

Maybe Biden’s trip to Saudi Arabia wasn’t so brilliant.

By Jonathan Guyer
Politics
The pandemic could have changed how employers think about layoffsThe pandemic could have changed how employers think about layoffs
Politics

Even as recession fears grow and job openings drop, layoffs remain low for now.

By Madeleine Ngo
Technology
Elon Musk wants to buy Twitter again, spam bots and allElon Musk wants to buy Twitter again, spam bots and all
Technology

The world’s richest man has a $44 billion change of heart. (Maybe.)

By Peter Kafka
Money
You know what your wedding doesn’t need? Doughnut walls.You know what your wedding doesn’t need? Doughnut walls.
Money

It’s a multibillion-dollar industry for a reason.

By Emily Stewart
Technology
Kim Kardashian’s Instagram story just cost her $1.26 millionKim Kardashian’s Instagram story just cost her $1.26 million
Technology

The Securities and Exchange Commission kept up with the Kardashians.

By Sara Morrison
Politics
The UK’s growing economic crisis, explainedThe UK’s growing economic crisis, explained
Politics

New UK Prime Minister Liz Truss introduced a massive tax cut package — and triggered a currency crisis.

By Ellen Ioanes
Technology
Tech billionaires lost $315 billion in 2022 and it genuinely doesn’t matterTech billionaires lost $315 billion in 2022 and it genuinely doesn’t matter
Technology

Losing billions hasn’t erased the wild gains they made since the start of the pandemic.

By Whizy Kim
Technology
The mysterious ad slump of 2022The mysterious ad slump of 2022
Technology

Four theories on why ad sales are plummeting even as the economy is doing fine.

By Peter Kafka
Politics
The child care crisis just keeps getting worseThe child care crisis just keeps getting worse
Politics

Waiting lists are getting longer, and child care centers say they’re losing workers to fast-food chains with better wages and benefits.

By Rachel Cohen Booth
Technology
“The party is over”: How Meta and Google are using recession fears to clean house“The party is over”: How Meta and Google are using recession fears to clean house
Technology

It looks like the boom days are fading in Big Tech, even if the cash is still flowing.

By Shirin Ghaffary
Money
Mandatory overtime is garbageMandatory overtime is garbage
Money

Your boss is the boss of your job, not of your life.

By Emily Stewart
Politics
How interest rate hikes ripple throughout the economyHow interest rate hikes ripple throughout the economy
Politics

The Federal Reserve raised interest rates again on Wednesday. Here’s what that could mean.

By Madeleine Ngo
Technology
Who owns what in Big Media todayWho owns what in Big Media today
Technology

How to track which media company owns your favorite show — and why that may no longer be a media company.

By Rani Molla and Peter Kafka
Politics
Rising rent prices are keeping inflation highRising rent prices are keeping inflation high
Politics

Shelter prices rose 0.7 percent in August, the biggest monthly jump since 1991.

By Madeleine Ngo
Politics
What the high-profile layoffs at Snap, Netflix, and other companies could mean for the economyWhat the high-profile layoffs at Snap, Netflix, and other companies could mean for the economy
Politics

Are the tech layoffs an anomaly or a warning sign?

By Madeleine Ngo
Work sucks when you’re the only one left
Money

Not everyone quit during the Great Resignation.

By Emily Stewart
Money
What if we’re fighting inflation all wrong?What if we’re fighting inflation all wrong?
Money

Who loses in the battle against inflation.

By Emily Stewart
Technology
Why Disney didn’t buy TwitterWhy Disney didn’t buy Twitter
Technology

Bots were fine. Nastiness wasn’t.

By Peter Kafka
Politics
The housing market slowdown, explained in 7 chartsThe housing market slowdown, explained in 7 charts
Politics

It’s becoming harder for buyers and renters to afford housing with steep mortgage rates and ultra-high prices.

By Madeleine Ngo
Technology
Where we’re spending our screentime, in 3 chartsWhere we’re spending our screentime, in 3 charts
Podcast
Technology

A (mostly) post-pandemic update.

By Peter Kafka and Rani Molla
What to do when your side hustle becomes a drag
Even Better

Let’s talk about “anchor problems” and “gravity problems.”

By Eliza Brooke
Meet the billionaire who loves Fox News and owns a piece of CNN
Technology

One of the world’s most powerful news outlets has a new mandate.

By Peter Kafka
Politics
Will student loan forgiveness make inflation worse?Will student loan forgiveness make inflation worse?
Politics

The move has drawn criticism from some economists who argue that loan forgiveness could worsen already high inflation.

By Madeleine Ngo
Technology
Did CNN’s Brian Stelter lose his job because of politics or money?Did CNN’s Brian Stelter lose his job because of politics or money?
Technology

Two theories about the departure of CNN’s star media reporter — and what it tells us about CNN and the company that owns it.

By Peter Kafka
Technology
Why does the WeWork guy get to fail up?Why does the WeWork guy get to fail up?
Technology

Adam Neumann burned billions. Now investors are giving him more money.

By Rani Molla
Technology
House of the Dragon is coming to HBO. So is the Netflix Chill.House of the Dragon is coming to HBO. So is the Netflix Chill.
Technology

HBO’s Game of Thrones prequel rolls out as the streaming industry reconsiders ... everything.

By Peter Kafka
Politics
What the new $80 billion for the IRS really means for your taxesWhat the new $80 billion for the IRS really means for your taxes
Politics

The IRS funding in the Inflation Reduction Act has become a political flashpoint, but what does it really do?

By Madeleine Ngo
Science
Fight climate change. End fossilflation. Here’s how.Fight climate change. End fossilflation. Here’s how.
Science

Yet another downside to fossil fuel dependence.

By Rebecca Leber
Remote workers are starting new businesses behind their bosses’ backs
Technology

The rise of the side startup.

By Rani Molla
Politics
Inflation is finally slowing down. Will things get cheaper?Inflation is finally slowing down. Will things get cheaper?
Politics

The slowdown in price growth is a significant step in the right direction. But higher prices for many goods and services could be in store for a while.

By Madeleine Ngo
Technology
How Facebook helped Axios sell for $500 millionHow Facebook helped Axios sell for $500 million
Technology

Money from Meta — and the rest of Big Tech — is pouring into Washington publications.

By Peter Kafka