John Detrixhe

Facebook has had a rough month: Its outage that took down everything from WhatsApp to Instagram was one for the history books. A whistleblower who turned over documents to the Wall Street Journal for an exposé went on to tell politicians in Washington that the social media company puts “astronomical profits” before people. Its shares are lagging well behind those of other big tech companies.

The US economy added far fewer jobs than economists expected in August. Experts will be watching the employment report on Friday (Oct. 8) for clues as to whether that surprise was a blip or a sign of a deeper fracture in the job market.

Rising energy prices and supply-chain gridlock have resurrected conversations about stagflation—a period when sputtering economic growth and joblessness coincide with rising inflation.

It used to be unthinkable that the US would default on its debt. Now the question comes up every few years.

Hi Quartz members,

Filling stations in the UK are running dry, as a shortage of truck drivers and panic buying leave British motorists stranded.

Central banks like the US Federal Reserve are printing more paper money than ever. But Cornell University economics professor Eswar Prasad, who published a new book on the future of money, thinks cash has outlived its usefulness.

The US securities watchdog aimed a warning shot at the burgeoning world of decentralized finance. And crypto whales are taking notice.

Wall Street traders are betting the world’s financial wiring is insulated from Evergrande’s troubles, but that doesn’t mean the world’s economy is immune to the fallout.

The $7 trillion boom in exchange-traded funds (ETFs) is still picking up steam.

El Salvador president Nayib Bukele says the country will save $400 million a year in remittance fees by adopting bitcoin. That claim doesn’t necessarily stack up.

Americans literally can’t get enough aluminum cans.

Good morning, Quartz members!

With thousands of tokens floating around the internet, it’s not always easy to figure out whether or how to invest in cryptocurrency. Fortunately Quartz has spent years culling a firehose of crypto pitches, so we’ve learned a thing or two. And as back up, we also called crypto founder Hunter Horsley, CEO of index fund manager Bitwise Asset Management.

Job openings in the US are booming. Where are the workers?

Major crypto tokens are trading at their highest level since May. Bitcoin was changing hands at more than $50,000 on Sept. 4, an increase of 20% from a month ago, according to CoinDesk data. Ethereum has risen around 40% to more than $3,900 during that span.

Great quarter, guys.

The US economy added far fewer jobs than economists expected last month, just as a lifeline for millions of unemployed comes to an end.

As society accelerates into its digital future, the UK is taking steps to protect the centuries-old technology known as paper money.

Aluminum prices have jumped to the highest in 10 years, driven skyward in part by a crackdown on energy usage in China. That’s rippling through the cost of everything from Heineken cans to kitchen wrap.

The way bitcoin and most other cryptocurrencies operate today rewards energy waste. To generate new coins, “miners” around the world operate fleets of computers that compete against one another to crack increasingly difficult math problems. Because of that escalation, miners have an incentive to work around the clock and operate as many computers as possible. The end result: Globally, bitcoin mining consumes about as much electricity as the nation of Finland, with a carbon footprint comparable to that of the London metro area.

We are only just beginning to understand the ramifications of the retail trading boom.

Ethan Allen Interiors, the American furniture retailer, is changing its stock ticker to avoid confusion with ether, the crypto asset used to pay transactions fees on the ethereum computing platform.

After starting out as a dud, Robinhood’s newly minted public shares are giving traders on Reddit plenty of meme material.