Kevin T. Dugan
New York Magazine
New York, NY, United States
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Past articles by Kevin:
Inflation Makes a Comeback
Last week, the economy seemed all but certain to be on the mend. Now, not so much. The Federal Reserve is now more likely to hike rates some more, and it’s not clear that an end is in sight. → Read More
Sam Bankman-Fried’s Crypto Empire Is Going Up for Auction
What’s left of FTX, Sam Bankman-Fried’s defunct crypto exchange, is about to go up for auction, including billions of digital currencies and Bahamas real estate. → Read More
The Supreme Court Can’t Kill Student-Loan Relief
The ruling today knocked down just one part of the White House’s federal debt-relief plan, but what’s left will be bigger than any onetime amnesty. → Read More
New Court Documents Reveal More About Epstein’s Relationship With JPMorgan Chase
New emails in the U.S. Virgin Islands case against JPMorgan Chase over its relationship with Jeffrey Epstein show that the disgraced sex trafficker brokered deals and meetings for the bank to a previously unknown degree. → Read More
Jim Cramer and the Art of Being Wrong
CNBC’s Jim Cramer has become FinTwit’s village idiot, and now Matthew Tuttle has created an ETF called the Inverse Cramer, SJIM, that bets against him. But who’s really making money on this bet? → Read More
Six Things to Know on Jeffrey Epstein and the Virgin Islands
New court filings show Cecile de Jongh, the former First Lady of the U.S. Virgin Islands, tried to help Jeffrey Epstein bring girls to his island and craft legislation that would give him more privacy. → Read More
The May Inflation Report Is the Best News Yet
It’s the best month for the economy since March 2021. How long can the good times keep going? → Read More
The Damning Details That Led JPMorgan Chase to Settle With Epstein’s Victims
The bank will reportedly settle for $290 million, but its role in supporting Epstein is only becoming more clear. → Read More
The Future of Coinbase Could Be a Lot Smaller
The Securities and Exchange Commission sued Coinbase one day after alleging fraud by rival Binance and its CEO Changpeng Zhao. There will probably be more coming, as the regulator is likely to go after companies like Solana → Read More
The Binance Lawsuit Is The End Of Crypto As We Know It
The Securities and Exchange Commission sued Binance and its founder Changpeng Zhao, or CZ, for fraud, and it has the potential to end the crypto industry’s go-go days → Read More
Enjoy Your Last Days of Not Paying Student Loans
This will be the last student-loan-free summer. We’re now more than three years out since Congress passed the CARES Act in March 2020 which suspended all student-debt payments. → Read More
How to Navigate the Bizarro Economy
The Labor Department released new data on Wednesday showing that there were 10.1 million job openings in the US. This is another example of good news that could force the Federal Reserve to push the economy closer tot he brink of recession. → Read More
The Biden-McCarthy Budget Deal Cuts $46 Billion
The Biden-McCarthy deal could have been an economic calamity, causing either deep cuts or a U.S. debt default. Instead, the weeks of hostage-taking over the debt limit produced a budget that’s basically status quo. → Read More
Neel Kashkari on the Debt-Ceiling Crisis and Greedflation
From his perch at the Federal Reserve, he’s feeling good about the economy — and helpless about the D.C. standoff. → Read More
What Secrets Did Caroline Ellison Keep in Her Diary?
Caroline Ellison was Sam Bankman-Fried’s former girlfriend and employee as the CEO of hedge fund Alameda Research. Now, prosecutors reportedly have access to her rawest thoughts and feelings as they sift through evidence on the FTX collapse. → Read More
Congress Isn’t Ready for the AI Revolution
What happens when millions of people lose their jobs to computers? → Read More
Do Kwon: From Crypto Billionaire to Fugitive
The law finally caught up with Do Kwon, the creator of cryptocurrencies terraUSD and luna, after authorities found him in Montenegro. But will he stick around to face justice? → Read More
Here Are Biden’s Last Few Ways to Get Around the Debt Limit
Traditional political wrangling over the debt ceiling is going nowhere. What about gimmicks like minting a platinum coin, invoking the 14th Amendment, or issuing weird Treasury bonds? → Read More
What Is It With Rich Guys Disappearing to Avoid Getting Served With Lawsuits?
Why are rich guys like Shaquille O’Neal, Google’s Larry Page, and Scientology head David Miscavige disappearing to avoid getting served with lawsuits? → Read More
5 Things to Know About the Best Inflation Report in a Long Time
The good news and the bad news from front lines of the war against high prices. → Read More