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The legendary celebrity magazine just declared bankruptcy. The Andy Warhol Foundation should buy it.

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The “Where’s My Tax Cut?” Edition

Slate Money on tax cuts, jobs, and the Slate 90.

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Why Is It So Hard to Create a Good Bank?

Online bank Simple thought it would win by “not sucking.” Here’s how that’s going.

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The Most Important Questions to Ask About the Kushner 666 Fifth Ave. Deal

Question No. 1: Who leaked this story to the New York Times?

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Wall Street Is Pouring Money Into House Flipping

Good!

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Musk, Zuckerberg, Bezos, and Ethically Iffy ‘Philanthropy’

From the Olympian heights of Big Tech, humanity has a tendency to look rather small.

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Nota bene: Flipping modern masters

The two most valuable artworks at the big Sotheby’s evening sale on Monday were both acquired at auction not so long ago.

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The Give Your Mother a Century Bond Edition

Slate Money on Mother’s Day, Michael Cohen, and Argentina.

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In Europe, They Actually Fine and Jail Misbehaving CEOs. Why Can’t We?

The FT today published a fascinating interview with Thomas Middelhoff, the former CEO of Bertelsmann, the German media giant.

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Y, M, C—What?

Why is the YMCA Retirement Fund classified as a charity?

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Inflated Expectations

What’s going on with foreign affairs nonprofit Food for the Poor?

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Galanomics

Why that rubber-chicken dinner isn’t such a bad idea.

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Introducing the Slate 90

A dive into the multibillion-dollar nonprofit sector.

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H&M Has a Plan to Save Itself

It’s not going to work.

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The Leapfrogging Edition

Slate Money on the Sprint–T-Mobile merger, remittances, and Apple buybacks.

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The Bloomberg Paywall Does Not Make Sense

Save your $420 for some outlet that needs it.

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Blockbuster Shows Are Ruining Art Museums

When cultural institutions rely on monster traveling shows like Kusama and Bowie, we all lose.

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Nota bene:

In my last note I worried, not very much, about journalistic purity.

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The Self-Driving Office Edition

Slate Money on self-driving cars, Ford, and WeWork debt.

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It’s Logical for Ford to Stop Selling Cars in North America

It’s also heartless.

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The Media Narrative Around Amazon Is Out of Control

A company with a market capitalization of $814 billion should not be judged by normal standards.

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Nota bene: SponCon agonistes

Once people no longer place stock in the principles of editorial integrity, then something something Trump something.

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Index Funds Are Not the Problem

Blaming the big funds for excessive CEO pay is as ridiculous as the pay itself.

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Silicon Valley’s Latest Revolution: Cutting Out Wall Street

The tech world doesn’t need IPOs anymore, and that’s turning the finance industry on its head.

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The #Brands Edition

Slate Money on brands, airspace, and authenticity.

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