The Controversy at Phia, Phoebe Gates’ Buzzy Startup
The online shopping app Phia raised over $43 million and captured media attention for its A-list investors and its high-profile co-founders — Phoebe Gates, daughter of Bill Gates, and her college room...
11 Elo 19min
The Hedge Fund Toolkit Behind the Yen Intervention
US Treasury Secretary Scott Bessent’s move to prop up the yen was as surprising as its impact was fleeting. By Monday, the yen lost half of its gains since last month’s intervention, raising questions...
10 Elo 17min
Our Town Chapter 1: Sometimes You Find Silver
Oh, the things you can find with an inquisitive mind – and a metal detector.Today we’re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomb...
7 Elo 45min
The Situation at Situational Awareness
Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it...
6 Elo 18min
Introducing: Our Town
When new neighbors move into Gainesboro, Tennessee, a small town at the foothills of Appalachia, locals are confused. Who are these self-proclaimed pioneers? And what do they want with their little to...
6 Elo 1min
The $19 Billion Menopause Economy
For generations, women have struggled to access information about menopause and how best to treat its symptoms. Social media and the rise of telehealth have filled some of that gap, giving way to a $1...
5 Elo 19min
Why a Weak Yen Is America’s Problem
As the Japanese yen hit a 40-year low against the US dollar, Japan's government stepped in to support its currency. And it has a powerful ally in US President Donald Trump, who is putting the US finan...
4 Elo 17min
Big Oil’s Big Wartime Profits
US crude prices fell below $80 for much of the day Monday as oil traders factored in a potential deal to reopen the Strait of Hormuz. But even as reports of imminent peace deals or attacks jolt oil ma...
3 Elo 17min
