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Investors bet right: Elon Musk mentioned dogecoin on “Saturday Night Live” during his opening monologue. Well, actually, his mom did. Maye Musk appeared at the end of her Tesla CEO son’s SNL monologue to ask what he got her for Mother’s Day. “I’m excited for my Mother’s Day gift,” Maye Musk said. “I just hope

As investors place bets on the economic recovery, there’s a new frenzy that’s taken over markets. Around the world, there’s a rush to buy metals. What’s happening: China’s benchmark iron ore futures rallied an eye-popping 10% to a record high on Monday. “The demand picture in China is very buoyant,” Warren Patterson, head of commodities

A cyberattack forced one of the top US fuel pipelines to shut down Friday, and analysts are worried the situation could result in a spike in gas prices. There is currently no information on when service in the pipeline will be restored, and “the number of days that the line is out of service is

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. This era of extreme wealth, expanding inequality, and expected oversharing has given rise to a new beat: Covering America’s billionaire class. Consider just the past few days of headlines: Lots of news and noise about

Is Fortnite a game? An app? An expansive virtual universe? All of the above? Is an iPhone just another gaming device, or a tightly controlled ecosystem? And is it really as secure as it is reputed to be? These are just some of the many questions that have come up so far and been debated

Chicken, lumber, microchips, gas, steel, metals, chlorine and ketchup packets: What do they all have in common? They’re all (nearly) impossible to find. Shortages are popping up across the supply chain as the pandemic messes with shipping, demand, supply and all the other levers of the global economy. Here’s what’s hard to get, why and

Live from New York, it’s Elon Musk. And his mother too. After much fanfare, anticipation and some controversy, the eccentric tech billionaire took the stage at Studio 8H as host of “Saturday Night Live” on Saturday. “It’s an honor to be hosting ‘Saturday Night Live. I mean that,” Musk said. “Sometimes after I say something,

Michael McConnell, co-chair of the Facebook Oversight Board, defended the board’s recommendation to continue the suspension of former President Donald Trump’s Facebook account over statements he made in the immediate aftermath of the January 6th insurrection at the Capitol. “This is a plain violation of Facebook’s rules against praising dangerous individuals and organizations at a

Everywhere you look, there are headlines about higher prices. Some are tied to commodities, which are getting snapped up as the global economy emerges from its long slumber. Lumber prices are at an all-time high thanks to an epic home-building boom. Copper and steel prices have also reached records. Agricultural products aren’t exempt. The price

“Saturday Night Live” has made some odd host picks over its history. The long-running NBC variety show’s Studio 8H stage has been graced by the likes of Ralph Nader, Steve Forbes, Rudy Giuliani, George Steinbrenner and, famously, Donald Trump. That off-kilter tradition continues Saturday when Elon Musk, the eccentric tech billionaire, will host the show.

Sleeping on the job is one thing, but getting paid to do it? That’s what eachnight, a company focused on sleep health, is offering: $1,500 for taking a nap every day for 30 days. Eachnight, which offers mattress reviews and sleep guides and tips, is hiring a team of “Nap Reviewers” to “test a few

In New Zealand, rugby isn’t just a sport. It’s a national obsession, a major cultural force and a huge source of pride. So news that Silver Lake, a private equity firm based in California, is looking to buy 12.5% of the revenue generated by the All Blacks, the fearsome national team that’s dominated the global

Live from New York, it’s … a market-moving corporate liability. This weekend, Tesla CEO Elon Musk is hosting “Saturday Night Live,” which, in case the name wasn’t clear enough, is broadcast live. That means NBC relying on Musk to filter his thoughts in real time, despite little evidence, historically, of him holding back on just

Just when you thought you were in the clear to stock up on toilet paper again, wood pulp, the primary raw material used to make it, is getting more expensive. “We’ve never seen monthly price increases like this in the history of the business,” said Brian McClay, a pulp industry analyst. “It’s unheard of.” Prices

You would think that federal safety regulators would have broad powers to order the recall of products they find dangerous or even deadly. You would be wrong. Agencies such as the Consumer Product Safety Commission and the National Highway Traffic Safety Administration typically can only request — not demand — that companies order a recall