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Kevin T. Dugan

Kevin T. Dugan

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Elon Musk Has Forgotten What Tesla Is

What even is Tesla anymore? For about as long as the company has existed, Elon Musk’s car-manufacturing giant has been known for making luxury...

16.04.2024 20

Daily Intelligencer

Kevin T. Dugan

Elon Musk Has Forgotten What Tesla Is

What even is Tesla anymore? For about as long as the company has existed, Elon Musk’s car-manufacturing giant has been known for making luxury...

16.04.2024 40

Daily Intelligencer

Kevin T. Dugan

Trump Media’s Stock Is Plunging. His Election Odds Aren’t.

Earlier this month, the CEO of Trump Media & Technology Group — former California representative Devin Nunes, went on Maria Bartiromo’s Fox...

13.04.2024 8

Daily Intelligencer

Kevin T. Dugan

Trump Media’s Stock Price Is Plummeting. His Election Odds Aren’t.

Earlier this month, the CEO of Trump Media & Technology Group — former California representative Devin Nunes, went on Maria Bartiromo’s Fox...

13.04.2024 9

Daily Intelligencer

Kevin T. Dugan

Why Chocolate Prices Are Going Bananas

Inflation is messing with our chocolate. This spring — the season of edible Easter bunnies and Cadbury eggs — has been a drain on the bank...

11.04.2024 5

Daily Intelligencer

Kevin T. Dugan

Why Chocolate Prices Are Going Bananas

Inflation is messing with our chocolate. This spring — the season of edible Easter bunnies and Cadbury eggs — has been a drain on the bank...

11.04.2024 6

Daily Intelligencer

Kevin T. Dugan

The Effective Altruists’ Castle Is for Sale for $20 Million

It is plainly obvious to everyone that if you’re going to save the world, one of the first things you have to do is buy a 550-year-old British...

10.04.2024 6

Daily Intelligencer

Kevin T. Dugan

The Effective Altruists’ Castle Is for Sale — and Has Become a Culture-War Meme

It is plainly obvious to everyone that if you’re going to save the world, one of the first things you have to do is buy a 550-year-old British...

10.04.2024 7

Daily Intelligencer

Kevin T. Dugan

Elon Musk’s Tesla Empire Is Facing ‘Unmitigated Disaster’

There was nothing inevitable about the electric-vehicle market Elon Musk built around his flagship company, Tesla. The development of...

02.04.2024 6

Daily Intelligencer

Kevin T. Dugan

Sports Illustrated’s Ex-Publisher Was Transphobic ‘Gangster’

Sports Illustrated has had a very bad year, and on Monday, after the magazine’s owner filed a lawsuit against its former publisher, it looks like...

02.04.2024 7

Daily Intelligencer

Kevin T. Dugan

Sports Illustrated’s Ex-Publisher Was a Transphobic ‘Gangster’: Suit

Sports Illustrated has had a very bad year, and on Monday, after the magazine’s owner filed a lawsuit against its former publisher, it looks like...

01.04.2024 8

Daily Intelligencer

Kevin T. Dugan

Sam Bankman-Fried’s Final Trip to Court

Sam Bankman-Fried did not appear to react on Thursday morning when Manhattan federal judge Lewis Kaplan read out his prison sentence. The former...

29.03.2024 8

Daily Intelligencer

Kevin T. Dugan

Sam Bankman-Fried Goes to Prison: What He Got and Why

Sam Bankman-Fried did not appear to react on Thursday morning when Manhattan federal judge Lewis Kaplan read out his prison sentence. The former...

28.03.2024 4

Daily Intelligencer

Kevin T. Dugan

Sam Bankman-Fried Goes To Prison: What He Got And Why

Sam Bankman-Fried did not appear to react on Thursday morning when Manhattan federal judge Lewis Kaplan read out his prison sentence. The former...

28.03.2024 2

Daily Intelligencer

Kevin T. Dugan

The Crypto World Has a New Villain

“I had no idea who Barry Silbert was or anything until after November 16, 2022,” Eric Asquith told me. That date was when he was pretty sure he...

27.03.2024 10

Daily Intelligencer

Kevin T. Dugan

The Crypto World Has a New Villain

“I had no idea who Barry Silbert was or anything until after November 16, 2022,” Eric Asquith told me. That date was when he was pretty sure he...

27.03.2024 20

Daily Intelligencer

Kevin T. Dugan

Donald Trump Still Has All Kinds of Money Problems

Let’s state the obvious: A New York appellate court’s decision on Monday to reduce Donald Trump’s bond to $175 million from $454 million — a...

26.03.2024 4

Daily Intelligencer

Kevin T. Dugan

The Economy Is Roaring. Will It Matter For Biden?

Is the U.S. economy any good right now? This seemingly straightforward question is not such an easy one to answer. Yes, unemployment is low,...

25.03.2024 10

Daily Intelligencer

Kevin T. Dugan

The Economy Is Roaring. Will It Matter For Biden’s Reelection?

Is the U.S. economy any good right now? This seemingly straightforward question is not such an easy one to answer. Yes, unemployment is low,...

25.03.2024 4

Daily Intelligencer

Kevin T. Dugan

How Screwed Is Trump?

Donald Trump has until next Monday to come up with a half-billion dollars, or else New York attorney general Letitia James could seize his assets,...

20.03.2024 4

Daily Intelligencer

Kevin T. Dugan

How Screwed Is Trump?

Donald Trump has until next Monday to come up with a half-billion dollars, or else New York attorney general Letitia James could seize his assets,...

20.03.2024 3

Daily Intelligencer

Kevin T. Dugan

SBF Planned to ‘Come Out As Republican’ With Tucker Carlson

Days after his crypto empire collapsed in November 2021, Sam Bankman-Fried was already contemplating his comeback by working the media. One of his top...

16.03.2024 8

Daily Intelligencer

Kevin T. Dugan

SBF’s Big Comeback Plan Was Coming Out As Republican On Tucker

Days after his crypto empire collapsed in November 2021, Sam Bankman-Fried was already contemplating his comeback by working the media. One of his top...

16.03.2024 7

Daily Intelligencer

Kevin T. Dugan

Is Joe Biden’s Bet on Inflation Paying Off?

U.S. presidents tend to not go out and push the Federal Reserve around. Trump did it, of course — there’s hardly a norm or tradition he didn’t...

12.03.2024 6

Daily Intelligencer

Kevin T. Dugan

Is Joe Biden’s Bet on Inflation Paying Off?

U.S. presidents tend to not go out and push the Federal Reserve around. Trump did it, of course — there’s hardly a norm or tradition he didn’t...

12.03.2024 2

Daily Intelligencer

Kevin T. Dugan

Trump Pumps Crypto, Sneakers in CNBC Interview After Posting $92 Million Bond

Just a few days after Donald Trump posted a nearly $92 million bond for defaming the writer E. Jean Carroll (and then went on to apparently defame her...

11.03.2024 4

Daily Intelligencer

Kevin T. Dugan

Is Steve Mnuchin the Guy to Stop the Commercial Real-Estate Crisis?

Steve Mnuchin, the former Treasury secretary, was the rare figure to have escaped ignominy during the Trump administration, serving four uninterrupted...

08.03.2024 1

Daily Intelligencer

Kevin T. Dugan

Why Did Bitcoin Hit a New All-Time High?

For obvious reasons, $69,000 is a holy number in the world of bitcoin. In November 2021, during the last crypto bubble, the digital currency surged to...

06.03.2024 4

Daily Intelligencer

Kevin T. Dugan

Why Did Bitcoin Hit a New All-Time High?

For obvious reasons, $69,000 is a holy number in the world of bitcoin. In November 2021, during the last crypto bubble, the digital currency surged to...

05.03.2024 3

Daily Intelligencer

Kevin T. Dugan

Bitcoin FOMO Is Back: ‘This Is Officially a Craze”

Well, would you look at that number go up. Bitcoin crossed north of $60,000 again on Wednesday. The price of Satoshi Nakamoto’s creation is now near...

29.02.2024 3

Daily Intelligencer

Kevin T. Dugan

Bitcoin FOMO Is Back: ‘This Is Officially a Craze”

28.02.2024 4

Daily Intelligencer

Kevin T. Dugan

How Much More Expensive Is Food Now, Really?

Late on September 9, I spent roughly an hour at the newish Wegman’s at the Brooklyn Navy Yard, the one surrounded by a big parking lot and empty...

27.02.2024 5

Daily Intelligencer

Kevin T. Dugan

How Much More Expensive Is Food Now, Really?

Late on September 9, I spent roughly an hour at the newish Wegman’s at the Brooklyn Navy Yard, the one surrounded by a big parking lot and empty...

27.02.2024 2

Daily Intelligencer

Kevin T. Dugan

‘The Most Important Stock on Planet Earth’ Got Even Bigger

On Tuesday, when Goldman Sachs called Nvidia “the most important stock on planet earth,” the subtext of that assertion was that there is a bigger,...

22.02.2024 7

Daily Intelligencer

Kevin T. Dugan

‘The Most Important Stock on Planet Earth’ Just Got Even Bigger

On Tuesday, when Goldman Sachs called Nvidia “the most important stock on planet earth,” the subtext of that assertion was that there is a bigger,...

22.02.2024 5

Daily Intelligencer

Kevin T. Dugan

SBF’s First Jailhouse Photo Shows Him Skinny and Unkempt

The last we saw of Sam Bankman-Fried, he was not at his best. He’d been in court for some six weeks watching a parade of his former best friends —...

20.02.2024 4

Daily Intelligencer

Kevin T. Dugan

SBF’s First Jailhouse Photo Shows Him Skinny and Unkempt

The last we saw of Sam Bankman-Fried, he was not at his best. He’d been in court for some six weeks watching a parade of his former best friends —...

20.02.2024 4

Daily Intelligencer

Kevin T. Dugan

Is the Good Economy a Mirage?

The good news came after the bad news on Friday. At 10 a.m., the University of Michigan released its latest survey showing that consumers are feeling...

18.02.2024 2

Daily Intelligencer

Kevin T. Dugan

Is the Good Economy a Mirage?

The good news came after the bad news on Friday. At 10 a.m., the University of Michigan released its latest survey showing that consumers are feeling...

18.02.2024 6

Daily Intelligencer

Kevin T. Dugan

The Donald Trump Fire Sale Starts Now

Donald Trump’s companies have filed for bankruptcies six times, but now he may actually be about to go broke. On Friday, a New York judge penalized...

17.02.2024 3

Daily Intelligencer

Kevin T. Dugan

The Donald Trump Fire Sale Starts Now

Donald Trump’s companies have filed for bankruptcies six times, but now he may actually be about to go broke. On Friday, a New York judge penalized...

17.02.2024 10

Daily Intelligencer

Kevin T. Dugan

The Success of Bitcoin ETFs Doesn’t Have to Make Sense

Sometimes there is nothing to do but marvel at crypto’s refusal to die. One bitcoin is worth more than $51,600 as I’m writing this, more than...

15.02.2024 10

Daily Intelligencer

Kevin T. Dugan

The Massive Success of Bitcoin ETFs Doesn’t Have to Make Sense

14.02.2024 2

Daily Intelligencer

Kevin T. Dugan

A Once Unthinkable Question: Could Electric-Vehicle Sales Decline in 2024?

To hear it from the business press, 2024 is going to be another year of growth for the American electric-vehicle industry. Since 2020, manufacturers...

14.02.2024 2

Daily Intelligencer

Kevin T. Dugan

A Once Unthinkable Question: Could Electric-Vehicle Sales Decline in 2024?

To hear it from the business press, 2024 is going to be another year of growth for the American electric-vehicle industry. Since 2020, manufacturers...

14.02.2024 8

Daily Intelligencer

Kevin T. Dugan

Adam Neumann’s Still Got It

Last year, Bloomberg columnist Matt Levine gave what is probably the defining assessment of Adam Neumann, the founder and one-time CEO of WeWork, the...

06.02.2024 2

Daily Intelligencer

Kevin T. Dugan

How The Messenger Bled Out $50 Million

On January 3, when the first reports about The Messenger’s dwindling financial situation were published, the view from inside the company was that...

02.02.2024 6

Daily Intelligencer

Kevin T. Dugan

Inflation Is Down, But Jerome Powell Isn’t (Quite) Ready to Cut Interest Rates

A sense of fatigue has creeped into the American economy. Haven’t we done enough for you, Jerome Powell? Wall Street seems to be asking the Federal...

01.02.2024 6

Daily Intelligencer

Kevin T. Dugan

Sports Illustrated’s $10 Million Mystery

At about 4 p.m. on Thursday, January 25, the board of the media conglomerate the Arena Group met after the company had blown up its license to publish...

31.01.2024 4

Daily Intelligencer

Kevin T. Dugan

Sam Bankman-Fried Is Still Messing Up Bitcoin’s Big Comeback

This was supposed to be bitcoin’s comeback season. On January 11, the Securities and Exchange Commission approved a new way (for the U.S., at least)...

25.01.2024 5

Daily Intelligencer

Kevin T. Dugan

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