Global
Eleven months into 2025, $55 billion hedge fund Viking Global sits in an underwhelming position.The long-running Tiger Cub — a nickname for the group of firms connected to the late Julian Robertson’s Tiger Management — is up just 5.8% through November in its flagship stock-picking hedge fund after a 0.5%…
This as-told-to essay is based on a conversation with Michael Stausholm, founder and CEO of SproutWorld. It has been edited for length and clarity.Back in 2013, I saw a Kickstarter campaign for a plantable pencil. Three young students at the Massachusetts Institute of Technology (MIT) had invented the pencil in…
People love a good souvenir — apparently even when it commemorates an economic disaster.A $180 hoodie with “2008 Global Financial Crisis” emblazoned across the front is sold out online. The black hoodie is also described as “hurt and mangled” with “extreme distressing” by a streetwear brand called Praying.The sweatshirt’s sleeves…
Ukraine is moving closer to exporting its battle-tested weaponry for the first time.Ukrainian President Volodymyr Zelenskyy said on Tuesday that the country’s program for the controlled exports of domestically manufactured weaponry should start in November.Ukraine effectively froze the ability of any company making weaponry to export its tech after Russia’s…
When the United States slapped a 241% tariff on Iranian pistachios nearly 40 years ago, it set the stage for one of America’s biggest agricultural success stories.The trade barrier opened the door for small California farmers to build a new homegrown industry. Today, California supplies more than 60% of the…
