Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
This QuickTake adaptation of our award-winning podcast, The Pay Check, focuses on the racial wealth gap.
Your Sunday UK Briefing: World Cup Wraps and Workers Walk Out
After This Year’s IPO Slump, Bankers Are Wary of 2023 Relief
China’s 2023 Monetary Stimulus to at Least Match 2022: Official
Bank of France Outlook Fuels Doubts Over Government Optimism
Japan Keeps Defying Fed-Led Consensus on Rate Hikes: Eco Week
There’s a Small But Growing Push to Make Video Gaming Greener
Musk’s Troubling Week Pushes Tesla Investors Closer to the Edge
Game Industry Pioneer Quits Meta Over VR Strategy Frustration
L3Harris Nears $4.7 Billion Deal for Aerojet Rocketdyne
L3Harris Nears $4.7 Billion Deal to Buy Aerojet, Reuters Says
China May Have Created Trap for Itself With African Lending
Putin’s Ambitions Put Finland’s Troops and Tanks Back In Vogue
PulteGroup Fires Exec Accused of Defamation By Founder’s Heir
Michael Burry Says Crypto Audits Are ‘Essentially Meaningless’
Disney Cuts Weekend Forecast on ‘Avatar’ Sequel’s Mild Start
Croatia Beats Morocco 2-1 to Take 3rd Place at World Cup
ChatGPT Holds Promise and Peril
The New Top Troll Spoils Trump’s Comeback
Ron DeSantis Vaccine Complaint Exploits Public Health Gaffes
The Future of Work Is Lunch
Hollywood Loves Its Never-Ending Blizzard of Cheap Christmas Movies
Seven Takeaways From Businessweek’s Cocaine-Smuggling Cover Story
Iran Arrests Actress for Inciting Riots as Oil, Gas Workers Strike
Connecticut Transgender Athletes Beat Court Challenge From Females
EU Gets Landmark Deal to Bolster Carbon Market in Green Push
Spielberg ‘Regrets’ Decimation of Shark Population After Jaws
Young Taiwanese Breathe New Life Into Villages Once Home to War Vets
Nevada’s Unemployment Rate Jumps to Highest in the US at 4.9%
Doctors Are Taking on the Next Public Health Crisis: Mass Shootings
Crypto.com’s World Cup Win Is Overshadowed by FTX Industry Chaos
Binance, Alone at the Top After FTX, Stirs ‘Too Big to Fail’ Crypto Worry
This Week in Crypto: SBF Arrested (Podcast)
Sam Bankman-Fried, center, is escorted out of the Magistrate’s Court in Nassau, Bahamas, on Dec. 13, 2022.
Annie Massa and
Katherine Burton
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Before Sam Bankman-Fried was arrested in the Bahamas and charged with fraud this week, and before the demise of a $60 billion crypto ecosystem decimated digital asset lenders in May, there was the industry’s original bogeyman: Tether.
A handful of hedge funds are now turning their focus back to the $66 billion stablecoin, which they warn could be the next crypto catastrophe — one that would make the implosion of Bankman-Fried’s FTX exchange look small in comparison.
