Nearly four years after acquiring The New Republic for an undisclosed sum, Facebook billionaire Chris Hughes is putting the liberal magazine (and alma mater of Andrew Sullivan, Jonathan Chait, Leon Wieseltier, and Marty Peretz, among others) on the market. According to a memo obtained by the Wall Street Journal,…

The Powerball lottery has swollen to $1.3 billion. “Biggest jackpot in the history of the world. Absolutely confirmed,” Gary Grief, executive director of the Texas Lottery, which is part of the Multi-State Lottery Association that runs Powerball, told the Associated Press. Meanwhile, the Association is quietly trying…

New York City luxury building owners are not paying their employees what they’re supposed to be paying them. They might change their ways, if only the city gave them any indication at all that the rules are being enforced.

“Think of it as The Establishment 2.0,” says the New York Times, of the “Working Team of the Itasca Project,” a group of “14 men and women who oversee some of the biggest companies, philanthropies and other institutions in Minneapolis, St. Paul and the surrounding area,” and who meet weekly “to quietly shape the…

You might be wondering: Where did that alleged fraudster Martin Shkreli get the grey hoodie he was sporting on his perp walk in New York City this morning? A forensic analysis of various photos taken today (some of which captured the word “CARGO” pressed into the hoodie’s metal zipper fob) pointed us to the following…

Legalizing weed is a great idea: fewer arrests and incarcerations, smaller prison population, more tax revenue, less harmful than alcohol and tobacco. Also, in Ohio, it will make Nick Lachey a big fat pile of money.

The Tax Justice Network’s biennial ranking of the world’s friendliest tax havens for super-rich individuals and businesses looking to hide their assets is out. Folks, this one is a banger, with the United States leapfrogging Singapore, Luxembourg, and the Cayman Islands to take 3rd.

Otha Anders, 73, of Ruston, Louisiana, recently cashed in 45 years worth of collected pennies, netting himself $5,136.14—meager payment for a lifetime spent being driven slowly insane by the pursuit of pennies.

How did Donald Trump get his start? He did it the same way self-made American men have been doing it since time immemorial: hard work, bootstraps, determination, elbow grease, perseverance, and a tiny little pile of money from his daddy.

I can’t remember the last time I entered a description of a Venmo transaction that wasn’t a dumb joke, and if you use the service regularly, I doubt you can either. The ability to pay a friend back for pizza and call it “anthrax” is part of the financial app’s charm. But joking about certain places, people, or things…

Currently, making a 15-minute phone call from jail might cost you or the person you’re calling as much as $17. Those dollars add up: make three calls per week and you’re paying over $2600 per year just to talk to your loved ones. This week, the FCC ruled to put a stop to the price gouging.

“Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign,” the New York Times reports—more money, mostly traveling through channels legalized by the Citizens United decision, from fewer (overwhelmingly Republican) sources than in nearly half a century.

Enraged about a plan that would eliminate thousands of jobs from the company, Air France workers stormed a meeting between executives and union representatives today, tearing shirts from the backs of two managers, who eventually fled the meeting under a police escort.

In 2013, teenage attention-pit Snapchat turned down a $3 billion buyout offer from Facebook, which is only not an insane and arrogant decision if you’re going to reap so much profit that you’re eventually worth more than that. Internal financial documents obtained by Gawker show Snapchat was very far from profitable…

Late last month, Recode reported that NBCUniversal is preparing to invest $250 million in BuzzFeed, a play that would value the site at $1.5 billion. This newest round of funding (last year, it was merely $50 million from Andreessen Horowitz) raised a still unanswered question: How is BuzzFeed doing financially?…

The internet scoffed again this week: “Six dollars for a bottle of water with asparagus in it? Whole Foods has gone too far.” But the bougie grocery chain is doing God’s work by ripping off the foolish.

Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question:…

The corner bodega is the latest victim to Manhattan’s ever-ascending cost of living and operating an independent business, having been supplanted in some cases by chain supermarkets and pharmacies. That means even more premade Duane Reade bacon egg and cheese sandwiches for you, you filthy animal.

If you’re a banker who specializes in managing the money of the insanely wealthy, how do you ensure that your client’s clueless children won’t squander the family fortune when it comes time to inherit? You teach them how to invest in art and stuff.

Henn na Hotel, in Sasebo, Nagasaki, is staffed almost entirely by robots. A grinning velociraptor in a bellhop hat takes your check-in information; an automated cart takes your luggage to your room. The robots aren’t a gimmick, the hotel’s owner told the Associated Press, but an earnest bid to save money. Unlike pesky…