Business : The Atlantic

The Atlantic covers breaking news, analysis, opinion around the intersection of Washington and Wall Street, plus coverage of key industries on the official site of the Atlantic Magazine.

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The Difference Between First-Degree Racism and Third-Degree Racism

The unrelenting protests, the supportive statements from white leaders nationwide, and the early momentum behind policing policy changes are all indications that this might be a turning point in our nation’s battle against racism. Will we seize this opportunity or will we lose momentum, showing once again that America can be “a 10-day nation” that moves...

The Pandemic Shows Us the Genius of Supermarkets

Fairway Market, which credits itself with introducing New Yorkers to clementines, radicchio, fleur de sel, and vine-ripened fruit, started off as a small grocery store at 74th Street and Broadway, on the Upper West Side of Manhattan, where it still stands. According to family lore, Nathan Glickberg arrived at Ellis Island from Russia sometime in the...

The Looming Bank Collapse

After months of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there’s another threat to the economy, too. It lurks...

I Got Fired Over Zoom

The private Slack message arrived at 12:15 p.m., as I was toasting a year-old bagel, exhumed from my freezer: “Are you around?” It was the CEO, my direct manager. Normally she texts my phone when she wants to chat. Weird. “Yup!” I typed back. Where else would I be?I spread the last of the cream cheese onto the bagel and took a bite. Passable. How quickly...

Something We Can All Agree On? Corporate Buzzwords Are the Worst.

“Not quite a cliché, not quite a term of art, a buzzword is a profound-seeming phrase devised by someone important to make something sound better than it is,” my colleague Olga Khazan wrote in February.Jargon such as pain points and pushback can be a much-derided feature of many workplaces. Even when so much of the country is working from home, this...

How to Think About the Plummeting Stock Market

Over the past week, stock markets around the world plunged as distressing news about the spread of the novel coronavirus continued to accumulate. In the United States, the three major stock indexes—the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500—fell more than 10 percent below their recent peaks, a sharp decline that qualifies...

Why Restoration Hardware Sends Catalogs the Size of a Toddler

When you enter the RH (formerly Restoration Hardware) megastore in New York City’s Meatpacking District, you might think it’s a place to buy furniture. Technically it is, with tens of thousands of square feet filled with dining-room sets and king-size beds and couches, upholstered in shades of gray and beige and beiger, and accessorized with plush rugs...

The Tyranny of Office Secret Santas

In exchange for a salary, office workers do a great many dreadful things: sit through meetings, make the trek to and from work each day, feign enthusiasm for their employer’s particular vision.Come holiday season, they also—compelled by a strange mix of perceived obligation and genuine holiday spirit—sometimes exchange gifts with one another. One common,...

Stop Believing in Free Shipping

Giacomo BagnaraIt was a pair of feather earrings that helped Ann Miceli get out from underneath strangers’ cars. For years, Miceli had worked as an auto mechanic and picked up shifts in her spare time at Indianapolis restaurants. One day, she came across those earrings, and “it kind of sparked something.” Miceli bought a pair, and then some supplies...

How Baseball Cards Got Weird

One night not long ago, with my 3-year-old son finally asleep and my wife wisely heading to bed, I settled onto the couch, beer in hand, to catch some baseball. Well, not really baseball. I opened my laptop, navigated to breakers.tv, and prepared to watch a pair of rubber-gloved hands in East Wenatchee, Washington, open an entire case of baseball cards—more...

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