Business News
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
Wall Street Journal - 27 Jun 2022 19:31
The former Treasury secretary predicts a return to slow-growth secular stagnation once inflation is brought under control.
Voluntary participation in renewable energy certificate market negligible: Report
livemint.com - 27 Jun 2022 19:51
A report shows that almost all the demand for renewable energy certificates comes from obligated entities such as discoms (60%) and captive power plants or open access consumers (nearly 40%), with negligible participatio...
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
Bitcoin.com - 27 Jun 2022 06:00
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, tr...
: JPMorgan, Citi, Goldman and Bank of America will cover out-of-state abortion costs for employees
Market Watch - 27 Jun 2022 16:16
Citi unveiled travel benefits for reproductive health procedures in March; JPMorgan reiterated a June 1 plan to do the same after Roe v. Wade was overturned.
Forrester: Seek New Revenue Sources to Avoid Commodity Price Wars
Retail Touch Points - 27 Jun 2022 16:14
This has been a volatile year for retailers and consumers alike, and the uncertain nature of 2022 has been shaping trends across the industry, according to Forrester's Vast, Fast, And Relentless: Consumer Buying Enters A...
Oslo Shooter Identified As Radical Islamist With Mental Illness As Police Urge Delay To Pride Events
Forbes - 27 Jun 2022 21:49
Two people were killed and over 20 were wounded in a shooting at London Pub, the largest gay bar in Oslo, ahead of the Norwegian capital's annual pride parade.
Billionaire who paid $24 million for Winnetka acreage is also acquiring real estate in Chicago
Chicago Tribune - 27 Jun 2022 19:07
Justin Ishbia, the billionaire investor who paid $24 million for three Winnetka parcels, is also buying real estate in Chicago
Voyager Digital issues notice of default to Three Arrows Capital
Coin Telegraph - 27 Jun 2022 17:24
Voyager said that it will continue to operate and fulfil their customers' orders and withdrawals amid its current issues.
Economic Report: Durable-goods orders climb again and signal demand in the economy is still strong
Market Watch - 27 Jun 2022 16:42
Orders at U.S. factories for long-lasting goods such as new cars or heavy machinery rose 0.7% in May, a stronger than expected reading that showed manufacturers still had plenty of demand for their products even amid sig...
: Four of the five fingers of death are squeezing world output, economist warns
Market Watch - 27 Jun 2022 15:42
Four of the five fingers of death are squeezing the global economy, which is causing one economist to warn of a substantial recession
Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet
Bitcoin.com - 27 Jun 2022 15:30
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same f...
Chris Ware's "House Divided"
The New Yorker - 27 Jun 2022 14:00
The artist discusses America's fractured present and his fears for the future.
SEC Chair Gensler Proposes 'One Rule Book' Crypto Regulation
Bitcoin.com - 27 Jun 2022 03:30
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it ...
These Companies Will Cover Travel Expenses for Employee Abortions
The New York Times - 27 Jun 2022 20:58
Dozens of companies have committed to helping their employees get access to reproductive care.
Aiming for net-zero emissions could help the global offset market swell to $35 billion by 2030. Morgan Stanley analysts explain how the world could go carbon neutral.
Business Insider - 27 Jun 2022 19:09Gas stations reportedly put holds of up to $175 on card swipes as prices soar
New York Post - 27 Jun 2022 17:21
US gas prices have surged so much in recent months that major payment processing firms have reportedly increased the size of credit "holds" placed on customer accounts when they pay at the pump. Visa and Mastercard are n...
Legendary investor Howard Marks says to snap up cheap assets now, as "waiting for the bottom is a terrible idea"
Business Insider - 27 Jun 2022 16:56Metals Stocks: Gold and silver climb, while copper bounces after sharp selloff
Market Watch - 27 Jun 2022 16:42
Russia was one of the world's leading gold producers last year, according to the World Gold Council.
Where Is Charles Schwab Stock Headed?
Forbes - 27 Jun 2022 16:00
At its current price of $62 per share, it is trading 32% below its fair value of $92 - Trefis' estimate for Charles Schwab's valuation.
NATO to boost rapid-response unit from 40,000 to over 300,000 troops in apparent response to Putin's war
Business Insider - 27 Jun 2022 15:49PepsiCo A Top 25 Dividend Giant With 2.77% Yield
Forbes - 27 Jun 2022 15:47
PepsiCo has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $32.68B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.77% yield