The fastest-growing form of philanthropy in America is collective giving — where individuals, usually women, pool their funds and their decision-making.
Why it matters: This kind of structured giving provides a glimpse of what a democratic, egalitarian philanthropy looks like.
Changpeng "CZ" Zhao will be sentenced in a federal court in Washington state this month after pleading guilty to one count of violating the Bank Secrecy Act.
Why it matters: CZ and Sam Bankman-Fried (SBF), both founders of enormous and innovative cryptocurrency exchanges, were the two biggest names in the industry through the last boom, and are now both condemned before the courts of the United States.
Treasury Secretary Janet Yellen will travel to China for high-stakes meetings this week — her second trip in less than a year amid ongoing tension between the world's two economic powerhouses.
Why it matters: Yellen plans to press an issue that could further intensify China's strained economic relations with the West: what the U.S. sees as China's overproduction of green technology that the nation could dump on the global market, undermining such industries in the rest of the world.
Tesla's vehicle sales declined in the first quarter at a much faster pace than anticipated, as the automaker grapples with logistical challenges and softening interest in EVs.
Why it matters: As the world's largest maker of premium EVs, Tesla's performance is a close EV market barometer.
The 2022 climate law advanced by Democrats will be hobbled unless policymakers greatly speed up permitting for low-carbon energy projects, International Monetary Fund analysts find.
Washington, D.C., is America's hotspot for app-based work, with drivers or couriers making up 9% of the labor force there.
Why it matters: App-based work offers a flexible way to earn a living or make an extra buck — but many such workers are fighting for better pay, benefits and more.
General Electric — which was the most valuable public company in the world less than two decades ago — finalizes its split into three independent businesses Tuesday.
Why it matters: The house that Thomas Edison built over a century ago, and that Jack Welch expanded into an empire, is officially no more.
At the end of 2023, much of the economic data suggested optimal conditions for the Fed to slash rates. Now, just three months later, that narrative has been muddied.
Why it matters: As the new quarter begins, the huge question is whether progress on inflation will continue as it did in the back half of last year — or whether still-rapid price gains will be harder to stamp out.
United Airlines has asked its pilots to take unpaid leave starting next month because of delays with Boeingaircraft deliveries, the company confirmed on Monday.
Why it matters: The ask is the airline's latest move to contend with major disruptions in the aviation industry, in part set off by the Boeing safety crisis that's drawn increased scrutiny from federal regulators.
It's a perennial debatein the capital markets: If a stock pops on the first day it's listed, does that mean it was underpriced, and that the company issuing the stock could and should have raised more money from the same number of shares?
Why it matters: Reddit's pop, in a traditional IPO last month, was big — but the Trump Social pop, from a SPAC a few days later, was in many ways even bigger.
Transportation Secretary Pete Buttigieg said Sunday Baltimore would see more federal funding to assist in the Francis Scott Key Bridge collapse response, but it's too early to say how long recovery and rebuilding efforts will take.
