The Chief Executive of the twelfth largest oil producer – Sultan Al Jaber of Abu Dhabi National Oil Company (ADNOC) – has been appointed as president of the United Nations Framework Convention on Climate Change’s (UNFCCC) COP28, the biggest climate change conference that will take place in November, 2023 in the United Arab Emirates (UAE).

If our nightmares change, what does that tell us about our waking lives? Dystopian stories, from novels and films to games, have often been considered a pessimistic reflection on the direction society is going in.

In his new book Mute Compulsion, Søren Mau argues that to understand and end capitalism, we need to analyze how it not only subordinates the poor to the rich but in fact exerts economic power over everyone — including capitalists themselves.

Advertisements are a scourge upon society, the environment, and ultimately ourselves. They are among the worst that capitalism has to offer. Why not get rid of them?

As a CEO, there are many things you need to be an expert in, but you can’t be an expert in everything. You must rely on the expertise in the organization to create the right strategy and make the right decisions. But one area where it pays for you to have greater expertise is social psychology – to understand just what it is that makes people tick.

Unlimited holidays, no bosses, democratic salaries, and the same wages for less work. That’s the pitch vegan condom company Einhorn makes to potential co-workers. Einhorn is a pioneer of what is known in Germany as "New Work": a re-imagining of the often hierarchical structures of the business world to make things more humane for workers.

A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.

Tech CEOs at companies like Facebook, Google, and Amazon screwed up — but it's the laid-off employees who are paying the price.

As companies keep reducing the friction in our lives, are we happy trading convenience for human connection?

A provision in the Inflation Reduction Act that allows Medicare to negotiate prices on the costliest prescription drugs each year will likely save the U.S. billions of dollars — as long as the drug industry doesn't interfere, according to a study published Friday in JAMA Health Forum. Beginning in 2026, Medicare will begin negotiating the price of 10 drugs that cost the federal government the most money, followed by 15 more drugs in 2027, another 15 drugs in 2028, and another 20 drugs in each subsequent year.

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.

The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong

Evolutionary psychologists believe that the ability to "preserve wealth" gave modern humans the decisive edge in evolutionary competition with other humans. Nick Szabo wrote an interesting anecdote about how in his essay “Shelling Out: The Origins of Money.” When homosapiens displaced homo neanderthalensis in Europe circa 40,000 to 35,000 B.C., population explosions followed.

Media and entertainment stocks led by Netflix were among big losers Thursday as economic data and the latest Fed move has investors panicking about an imminent recession. Netflix in particular — off nearly 10% — was knocked by a report that its ad-supported tier is having a tough debut. The DJIA is currently down 910 points, or 2.68%. The Nasdaq is off by 3.4% and the S&P 500 by 2.8%.

Fewer Millennials in their 20s were “Middle Class” than Boomer and GenX in the same period of their lives.

A Walmart-backed startup is looking to compete with buy now, pay later companies. The venture, called One, is gearing up to launch its own version of the payment service as soon as next year, according to a source familiar with the matter. One, which is majority-owned by Walmart, wants to launch a service that shoppers could use at Walmart’s website and stores, as well as at other retailers, the source said. The effort was motivated in part by a more challenging economic backdrop and consumers feeling pinched by inflation.

A worldwide recession is just around the corner as central banks boost borrowing costs aggressively to tame inflation — and this time, it will ignite more market turbulence than ever before, according to BlackRock.

“Demographic shifts” can mean many things. The composition of a body of people—median age, ethnic makeup, and more—all fall into the category. But in the context of the labor shortage that has gripped the world economy since the pandemic began, it has coincided with one of Elon Musk’s big worries: The world isn’t having enough babies.

Soaring corporate profits are being blamed for fuelling inflation, as figures show companies in Australia are enjoying sky-rocketing profits despite the pandemic.

Rebecca Giblin and Cory Doctorow’s new book reveals the tricks behind ‘Chokepoint Capitalism’ – how big corporations use low prices to lock in users and creators, while locking out real competition.