WTI Crude Oil went into the weekend around its high for the week above 78.000, this after beginning trading on the 22nd of January below 73.000 USD.

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss record-breaking rents that see most renters forking over more than 30% of their dough. Also: Infant apparel brand Kyte Baby’s maternity leave scandal, and why Josh wine is such a hit.

This new wave of retrenchments could see as many as 170 million layoffs this year alone. Like many real and imagined evils these days, we can thank AI and big corporations... but is it that simple?