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2 mins read

'You are a modern day moron': Elon Musk and a former US labor secretary trade blows

Robert Reich, who served in President Bill Clinton's cabinet, accused the billionaire of being a "m…

Graham Rapier   


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2 mins read

Former Labor Sec. Robert Reich criticized lawmakers for ending unemployment payments for millions, a move leading progressives declined to oppose

Approximately 9 million unemployed Americans saw their benefits cut Monday, as job hiring slowed in…

Tom Porter   


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4 mins read

When rich people don't face the same consequences as the rest of us, the system falls apart — and it's bad for everyone

"The wealthy would be wise to understand the dangers of an economy that is too out of whack," says …

Paul Constant   


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1 min read

Deutsche Bank hired a head of emerging market fixed income sales in September - and he's just left the company

Reich was hired as head of emerging market fixed income sales, covering Europe, the Middle East, an…

Alex Morrell   


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3 mins read

This Australian was shocked at how terrible American banking was, so he created a company to disrupt it

The company focuses on a combination of encouraging saving while tracking spending, all on a minima…

Avery Hartmans   


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2 mins read

A hacker recovered a crypto wallet worth $2 million for the owner who forgot the password: report

Owners have lost nearly 4 million bitcoins thanks to unrecoverable wallets or lost hardware, accord…

Natasha Dailey   


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2 mins read

Tom Porter   


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1 min read

Harvey Weinstein is demanding $1 million from a man he claims stole his Banksy paintings

The jailed movie mogul claims a lender won't return his Banksy artwork.

Jack Newsham   


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3 mins read

CollegeHumor's parent company pulled its funding, laying off more than 100 employees and leaving a longtime executive to run the company on his own

IAC has been looking to sell the company since October, Bloomberg reported. The media and internet …

Bani Sapra   


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3 mins read

Nasdaq-owned alt-data seller Quandl just hired BlueMountain's former data buyer to get inside hedge fund clients' heads

Before his five-year stint at BlueMountain, Reich also worked at Izzy Englander's Millennium and St…

Bradley Saacks   


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1 min read

Deutsche Bank has hired a new top banker to run its fixed-income sales for emerging markets

"Ken is seasoned professional who contributes deep experience to Deutsche Bank's emerging markets b…

Alex Morrell   


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2 mins read

Lea Michele confirmed that she's pregnant and said she's 'so grateful' in a new photo revealing her baby bump

The "Glee" actress confirmed pregnancy rumors with a new Instagram post on Saturday. This will be M…

Darcy Schild   


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1 min read

A prominent New York financial services attorney was just charged in the stabbing death of his doctor wife

He was arrested late Wednesday and his being held in the Westchester County jail without bail. Scar…

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4 mins read

How Fullscreen is trying to turn YouTube stars into premium TV you'll actually pay for

That's something the industry is still figuring out, and there have been some missteps along the wa…

Nathan McAlone   


Taiyler Simone Mitchell   


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9 mins read

Former Labor Secretary Robert Reich expects unemployment to surpass levels during the Great Depression

You've got big bailouts of big companies. No reason, no big company needs $500 billion, $10 billion…

Sara Silverstein   


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3 mins read

Bill Clinton's Secretary of Labor blames soaring corporate profits for inflation and says the US government should consider directly controlling prices

Corporate greed is fueling inflation, says Bill Clinton's former Sec. of Labor. He says antitrust e…

Jacob Zinkula   


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4 mins read

A New York City hospital developed one of the few FDA-approved antibody tests for the coronavirus. It could test up to 2,000 people per day.

Mount Sinai shared the details of its antibody test with more than 200 research laboratories worldw…

Aria Bendix   


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2 mins read

The most surprising perk for the 900 New York-based employees at Yelp costs the $2.4 billion company nothing

That being said, employees don't have to contend with so much sound and fury all the time. There a …

Áine Cain,Jacquelyn Smith   


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6 mins read

Robert Reich is totally wrong: Tech is the most competitive industry in the US

In the last 20 years, the medium that Reich is complaining about grew from literally nothing and be…

Matt Rosoff