In the decade since he co-founded Shein and turned it into one of the world's most popular fast-fashion brands, CEO Sky Xu has remained a mystery – even to his employees. Now, Shein is preparing for an initial public offering in the U.S. which will put Xu on the global stage. WSJ’s Shen Lu profiles the elusive CEO and describes some of the problems the company is facing as it tries to go public. 



Further Reading:

- The World’s Most Anonymous CEO Is About to Take Center Stage 

- Fast-Fashion Giant Shein Files to Go Public 

- America’s Top Fast-Fashion Retailer Tries to Shed Its Chinese Image 



Further Listening:

- Shein Took Over Fast Fashion. Then Came The Backlash. 



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The Mysterious CEO Leading Shein to an IPO

The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.

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The Pacific Surfliner train in Southern California runs along some of the most beautiful coastlines in America. But some fear it might soon fall into the ocean. WSJ’s Jim Carlton reports on how coastal erosion is impacting an iconic train route and the controversial plans to move parts of the line inland.  



Further Reading: 

- The Race to Keep an Amtrak Train From Falling Into the Pacific 



Further Listening: 

- What Caused a Train to Derail in East Palestine, Ohio? 



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The Race to Save an Iconic Train From Falling Into the Ocean

Jim Simons pioneered a revolution in financial trading, embracing a computer-oriented, quantitative style in the 1980s well ahead of Wall Street. Following Simons’ recent death, WSJ’s Gregory Zuckerman unpacks his legacy from financial algorithms to philanthropy. 



Further Reading: 

-How Did Jim Simons’s Firm Make $100 Billion? He Told His Secrets to Our Reporter 

-Jim Simons, a Pioneer of Quantitative Trading, Dies at 86 

-The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution 



Further Listening: 

-Charlie Munger: Curmudgeon, Sage and Investing Legend 

-Rise and Revolt at Renaissance, Part 1 

-Rise and Revolt at Renaissance, Part 2 

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The Life of One of Wall Street’s Greatest Investors

If the upcoming presidential election could be summed up by a song, what would it be? And will voters cast their ballots based on a bright future or a gloomy one? In a live-taping before an audience at the Cascade PBS Ideas Festival, Kate Linebaugh and Ryan Knutson sat down with WSJ political reporter Molly Ball to discuss these topics and more. To watch the video, check out the episode on Spotify.
Further Reading:
-Biden and Trump, In Two Speeches, Speak to Two Visions of America 
-Arizona is Booming, But Restless Voters Feel Downbeat About Economy
Further Listening:
-Trump Allies Draft Plans to Rein in the Fed
-Why the Fed Is Steering Away From Rate Cuts 
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Live from Seattle: A Weird Economy + Election = ??

For six decades, one man has been largely responsible for creating North Korea’s propaganda machine: Kim Ki Nam. He served all three North Korean dictators and is the architect of many of the myths that have helped to keep the Kim family in power. Last week, Kim Ki Nam died at the age of 94. WSJ’s Timothy Martin reports on his controversial legacy. 



Further Reading: 

-The Original Mastermind Behind North Korea’s Cult-of-Personality Propaganda Dies 

-Kim Jong Un’s New Look Is More Man Than Superhuman 



Further Listening:

-How North Korea’s Hacker Army Stole $3 Billion in Crypto 

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North Korea’s Propaganda Mastermind

When FTX collapsed into bankruptcy in 2022, many customers never thought they'd see their money again. But FTX's assets have rebounded. WSJ’s Andrew Scurria unpacks why FTX will have more than enough money to fully repay customers and many creditors.



Further Reading:

- Crypto Exchange FTX Is the Rare Financial Blowup That Will Repay Victims in Full 



Further Listening:

- The Trial of Crypto’s Golden Boy 



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The Mysterious CEO Leading Shein to an IPO

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