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Location American Business News for 19 September 2022
J-pop to Go Crypto with IEO-funded Idol Group to Debut in 2023 J-pop is ready to take the crypto plunge, with Japan's biggest pop producer set to debut a new "idol group" (a boy band or girlgroup) in the metaverse - a project that will be funded through an initial exchange offering ...
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How to Survive the Next Market Crash

Wall Street Journal - 19 Sep 2022 15:00
Fund manager Mark Spitznagel, who earned a fortune when stocks cratered in 2008 and 2020, has some surprising advice for how ordinary investors can brace for the next big one.
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Unboxing Lou Reed's Posthumous Parcel to Himself

The New Yorker - 19 Sep 2022 14:00
After the death of the Velvet Underground front man, two archivists and his widow, Laurie Anderson, discovered a mysterious sealed package from 1965. Inside was treasure: never-before-heard, folky versions of "Heroin" an...
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German auto maker Volkswagen AG is targeting a valuation of up to 75 billion euros ($71.5 billion) for its initial public offering of Porsche, in what would be one of Europe's largest-ever IPOs.
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Merge Flippening Predictions Fail as Ethereum's Market Dominance Drops 13% in 30 Days During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance ...
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Education Sec. Miguel Cardona told NPR he's "working really hard to make sure that we make the process simple and clear" for student-loan borrowers.
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Oil prices will average $100 a barrel next year as demand rebounds in China and falling Russian output keeps global supplies tight, Bank of America says "Oil balance to stay tight in 2023, supported by rebounding Asia demand, slower non-OPEC growth, and OPEC+ mopping up excesses," Bank of America says.
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The Fed has indicated another major increase in interest rates is coming as it tries to keep inflation in check.
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Demand is on the rise for a nearly $7,000 luxury psilocybin magic mushroom retreat as the wellness industry flocks to psychedelic drugs — see what it's like inside As magic mushrooms become less taboo, there is growing interest in places like Beckley Retreats, which will accommodate 75 participants this year.
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Almost 70% of the children under 12 surveyed by De Montfort University in the UK were spending four or more hours on social media every day.
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As department stores and clothing retailers try to adapt to a consumer focused more on essentials, a few analysts are "cautiously optimistic" about next year.
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After a brief reprieve on Friday, gold prices are back to trading at 2-year lows.
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Is Capital One Stock Still Attractive At The Current Levels? Capital One's stock (NYSE: COF) has lost approximately 29% YTD, as compared to the 18% drop in the S&P500 over the same period.
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Ben & Jerry's founders accuse Unilever of breaking deal in Israel Ben Cohen and Jerry Greenfield attack deal that could lead to sale of the ice-cream in occupied West Bank The founders of Ben and Jerry's have accused the UK consumer giant Unilever of violating a 22-year-old agreement t...
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Roblox Corp.'s stock continued to sell off Friday as many analysts questioned some of growth initiatives presented at the social-media company's investor day on Thursday and others commented that August metrics were belo...
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: Uber says no sensitive data was exposed in hack

Market Watch - 19 Sep 2022 15:47
Uber Technologies Inc. said Friday that all its apps are operational and that no evidence has been found to show that an intrusion into its computer systems exposed any users' personal information.
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Warnings Signs Multiply Ahead of Pivotal Fed Interest Rates Meeting Economists expect the Federal Reserve to raise interest rates by 75 basis points this week, adding to fears a recession is coming.
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Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high infl...
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The $25 billion railway that's named after Queen Elizabeth II has cheaper fares and a flower memorial to mark the day of her funeral My commute on London's Elizabeth line on the day of Queen Elizabeth II's funeral was cheaper, quieter, and somber.
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What Went Wrong That Led to the Binance Helium $22 Million Accounting Mishap Four Binance.us customers have unexpectedly received a total of almost $22 million in cryptocurrency, after the crypto-exchange erroneously credited holders of Helium's new MOBILE token with the more valuable helium (HNT...
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FedEx boss tells the US to brace for stagflation because there aren't enough workers to meet juiced-up demand "You simply do not have the workers to meet the demand that's been juiced by the printing of money," the delivery giant's founder Fred Smith told Fox Business.
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How Web3 Companies Can Use The Bear Market To Build Mindshare Right now, Web3 leaders have a unique opportunity to create something truly revolutionary--not just market share, but mindshare.
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