“What the f— is happening to our business?’: As ad execs hit Cannes, New Yorker scribe Ken Auletta’s new book chronicles the industry’s various existential crises

Marian Brannelly As hundreds of high-powered advertising and media executives descend on Cannes this week for a flurry of meetings, marketing stunts, and boozy yacht parties, there’s an undercurrent of deep uncertainly about the industry’s future. As well chronicled in New Yorker writer Ken Auletta’s new book, “Frenemies: The Epic Disruption of the Ad Business […]

Do credit booms foretell emerging-market crises?

ON THE morning of December 7th 1941, George Elliott Junior noticed “the largest blip” he had ever seen on a radar near America’s naval base at Pearl Harbour. His discovery was dismissed by his superiors, who were thus unprepared for the Japanese bombers that arrived shortly after. The mistake prompted urgent research into “receiver operating […]

How the founder of Zillow and Hotwire led his startups through major crises, layoffs, and a down round to massive exits

. AP Images Spencer Rascoff is the CEO of Zillow, a real-estate website and app. Before that, he helped create and lead the travel website Hotwire. Zillow went public in 2011 and has grown tenfold since. Today, the company generates over $ 1 billion in annual revenue; it has made 16 acquisitions and has 3,500 […]

A 37-year-old, 45-year-old, and 88-year-old on their quarter- and midlife crises

Paramount/YouTube Starting a steampunk band, taking up quad biking or deciding to jump out of a plane—ever since Canadian psychoanalyst Elliott Jaques coined the term “midlife crisis” in 1965, more and more 40-something men have claimed to have had one. Despite the fact that scientists and economists believe there’s little evidence behind it, a quick Google […]

Those Who Don’t Learn From Financial Crises Are Doomed to Repeat Them

Veterans of the stock market insist that the four most dangerous words on Wall Street are “this time is different.” It rarely is. In the autumn of 1929, Irving Fisher, a prominent economist at Yale, assured Americans that stock prices had reached “what looks like a permanently high plateau.” That was on October 15, just […]

VP Pence beginning a tour of Latin America as global crises grow

WASHINGTON (AP) — Vice President Mike Pence will visit Colombia amid escalating tensions with neighboring Venezuela and North Korea. Pence is set to meet with Colombian President Juan Manuel Santos on Sunday at the start of a weeklong trip to Latin America that is likely to be dominated by conversations about the deepening crisis in […]

Nostalgia BOOM: Demand for retro items increases during global crises, study finds

GETTY-STOCK There has been a spike in demand for retro items in recent years The anxiety caused by Brexit, US President Donald Trump, the financial meltdown and threat of a nuclear war has led people to seek comfort in the certainties of the past.  The trend for vintage clothing, furniture and decor are all products […]