Business News
Americans in Their 30s Are Piling On Debt
Wall Street Journal - 25 Feb 2023 12:30
The overall burden is up 27% since before the pandemic, more than for any other age group.
Weird Winter Weather Set To Send Wheat Prices Back Higher
Forbes - 25 Feb 2023 19:41
A combination of weather-related events looks set to cause sharp frosts that will hurt the forthcoming wheat crop, experts say.
Aluminum Producers Back Tariffs on Russian Imports
Wall Street Journal - 25 Feb 2023 16:00The Furniture Hustlers of Silicon Valley
The New York Times - 25 Feb 2023 12:00
As tech companies cut costs and move to remote work, their left-behind office furniture has become part of a booming trade.
The one thing you should always do before uploading sensitive documents to the cloud
Fast Company - 25 Feb 2023 07:00
Major cloud storage provders don’t end-to-end encrypt the files you upload, leaving them vulnerable to third-parties. The cloud has been a godsend when it comes to managing and storing our data. Before the advent of cl...
IMF Board Offers Guidance for Developing Effective Crypto Policies
Bitcoin.com - 25 Feb 2023 06:00
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “...
Saudi Cup 2023: The $10-Million Fight Between Country Grammer And Baffert-Trained Stablemate Taiba
Forbes - 25 Feb 2023 04:30
Bob Baffert has trained two of the top three picks vying for the victor's half of Saturday's $20-million Saudi Cup. Taiba and Country Grammer may hit the board as their odds predict. But each has talents and weaknesses t...
The Human Cost: One laid-off tech worker's odyssey: 5 months, 25 interviews and 100 job applications
Market Watch - 25 Feb 2023 02:49
At the end of January, the success rate for people seeking jobs in tech was just 55%, according to ZipRecruiter.
Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
Bitcoin.com - 25 Feb 2023 02:05
On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold's Rise Above $2,000
Bitcoin.com - 25 Feb 2023 00:00
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further ...
Why the resilient US economy is making it difficult for stock investors to thrive
Business Insider - 25 Feb 2023 15:45
Here's how to know when strong economic data will be good or bad for stock prices.
The mortgage rate you get depends partly on your credit score. Here's what to expect
CNBC - 25 Feb 2023 15:30
The difference that a good credit score makes in terms of monthly mortgage payments -- and total interest paid while you hold the mortgage -- can be significant.
The stock market's euphoric rally has been a head fake, Wall Street's top strategists warn
Business Insider - 25 Feb 2023 15:30
Top strategists at Goldman Sachs, Morgan Stanley, and JPMorgan have all warned that US stocks are headed for another wave of pain.
Germany's DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
Bitcoin.com - 25 Feb 2023 15:00
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in hel...
Biden's student-loan forgiveness is about to have its day at the Supreme Court. Here's everything you need to know.
Business Insider - 25 Feb 2023 15:00
The Supreme Court will hear two challenges to Biden's student-debt-cancellation plan on February 28. Here's what borrowers should know.
DoJ moves to seize 6 luxury properties in New York, the Hamptons, and Florida worth $75 million from sanctioned Russian oligarch Viktor Vekselberg
Business Insider - 25 Feb 2023 14:20
Viktor Vekselberg, worth $7 billion, bought the homes via shell companies based in Panama and the Bahamas, court documents show.
I'm a Stanford professor who's studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.
Business Insider - 25 Feb 2023 13:56
Many companies blame their mass layoffs on an economic downturn, but Stanford professor Jeffrey Pfeffer says simple copycat behavior is also at play.
Car companies want to make billions by charging monthly fees for features like heated seats — and electric cars makes it easier than ever
Business Insider - 25 Feb 2023 13:45
Pricey add-ons could start ruffling EV-buyer feathers —but automakers might struggle to survive without them, a new study says.
An artist struggling to pay rent turned a dumpster into a tiny home for $4,800
Business Insider - 25 Feb 2023 12:00Jump Crypto Trading Firm Strikes Back: Recovers $140 Million Stolen Crypto from Wormhole Hack - Here's What Happened
Crypto News - 25 Feb 2023 11:55
Jump Crypto, the Chicago-based crypto arm of Jump Trading that helped develop DeFi project Wormhole, has managed to counter-exploit the Wormhole protocol hacker and retrieve $140 million worth of tokens. According to a r...
They Went Viral and Made Money. Now They Owe Taxes.
The New York Times - 25 Feb 2023 10:00
Many content creators who earned money for the first time on platforms like TikTok, Instagram and YouTube are figuring out what a 1099 form is and what they can write off.