Thursday morning articles
Fed’s Aggressive Rate Hikes Are a Game Changer: Monetary policy usually acts on the economy with ‘long and variable’ lags (Wall Street Journal)
Why Office Buildings Are Still in Trouble: Hybrid work, layoffs and higher interest rates are leaving lots of office space vacant and hurting the commercial real estate business. (New York Times)
Inside the Disney Board’s Decision to Swap Bobs: While some directors were looking to fire Chapek as early as June, Chairman Susan Arnold was reluctant to pull the trigger. Now even those cheering the move call Chapek’s dismissal brutal: “No statement from him, no comment from him, no grace. It’s f***ing insane.” (Hollywood Reporter)
The unbearable lightness of BuzzFeed: The media firm BuzzFeed built a digital media empire in part by aggregating viral content from social media. A decade later, what’s next? (The Verge)
The incredible shrinking future of college: The population of college-age Americans is about to crash. It will change higher education forever. (Vox)
Inside the Elite, Underpaid, and Weird World of Crossword Writers: Efforts to diversify the industry might be having the opposite effect. And although puzzles are an important part of The New York Times’ business strategy, only a handful of people actually make a living from crosswords. (New Republic)
How one man quietly stitched the American safety net over four decades: Robert Greenstein isn’t a household name. But his career lobbying for the poor has changed the
A $300 Billion Bond Market Holds the Key to Solving the Climate Crisis: In less than a decade, China has built one of the world’s biggest green bond markets, with more potential than any other to alter the course of climate change. But as the country’s pile of green debt swells beyond $300 billion, investors and regulators are confronting a troubling reality: It’s almost impossible to know how the money is being spent – or whether it’s having the intended impact. (Bloomberg)
The Return of James Cameron, Box Office King: It’s been 13 years since James Cameron released Avatar, the highest-grossing movie of all time. Now, the director is back with a deeply personal sequel—and the reasonable expectation that it could be the biggest thing he’s done yet. (GQ)