From the BBC World Service: We track German shoemaker Birkenstock’s journey from shabby shoe to shabby chic. Also: an Israeli crackdown on crypto donations to Hamas.
From the BBC World Service: Yields on U.S. Treasuries tumbled on early trading in Asia, as the conflict in Israel drives market uncertainty. Plus, campaigners in Germany call for the end of a law jailing people for not paying public transport fares.
Investors have poured $1.2 billion into student loan management startups in the past year. We explore. But first: How are markets responding to Israel’s declaration of war?
Harvard’s Claudia Goldin was awarded the 2023 Nobel Prize in economics this morning. We discuss her contributions to our understanding of the gender pay gap.
From the BBC World Service: While neither Israel nor the Palestinian territories are major oil producers, why does conflict there have such a big impact on the price of oil?
The Labor Department reports that 336,000 jobs were created last month — way more than expected. We discuss the job market’s continued resilience and what it means for the Fed.
Norwegian author Jon Fosse won the Nobel Prize in literature this week, and the book industry is prepping for a sales uptick. Plus, Amazon is launching its first internet satellites.