Business News
BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report
Bitcoin.com - 2 Apr 2023 03:30
The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements ...
Everstake CEO: Many Delegators Fail to Understand What Staking Is - And It May Lead to Trouble
Crypto News - 2 Apr 2023 12:00
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.__________ Our company, Everstake, has been in the validation business for almost five years. And while our revenue model heavily relies on incen...
In Croatia, U.S. Campaigned to Stop Chinese Bid on Key Port
Wall Street Journal - 2 Apr 2023 11:30India's burgeoning spam calls problem, in 7 charts
livemint.com - 2 Apr 2023 19:16
Time and again, the government keeps introducing new regulations to keep spam callers in check. However, such steps have failed to put an end these pesky calls. Mint explores how spam callers have infiltrated every mode ...
A Problem Is Brewing Among Delivery Drivers
Forbes - 2 Apr 2023 15:31
Delivery drivers aren't happy. That will inevitably be a problem for retailers.
Consumer Psychology Has Kept Retail Strong, But Soon Financial Reality Will Hit
Forbes - 2 Apr 2023 14:56
A swift change in consumer confidence could pull down NRF's optimistic retail forecast for 2023. Retail's strong showing has been bolstered by our innate cognitive biases, so consumer psychology needs to factored into th...
The stock market is facing a 'pain trade' that suggests the latest rally will extend into April
Business Insider - 2 Apr 2023 14:15
"Why is April usually strong? It could be a combination of springtime buying, good riddance to winter, or putting tax refunds to work."
Elon Musk appears to offer $1 million bounty to 'convict' those responsible for Twitter 'botnets'
Business Insider - 2 Apr 2023 14:15
A Twitter user identified negative feedback loops affecting "reputation scores," and another claimed this was how "botnets" suppress certain accounts.
Arbitrum Foundation Sold ARB Tokens Ahead of 'Ratification' Vote on Governance, Budget
Coin Desk - 2 Apr 2023 13:48
Arbitrum Foundation would be "severely damaged" without blank check grantmaking powers, according to a blog post.
How Can Brands Emerge Triumphant In A Post-Pandemic World?
Forbes - 2 Apr 2023 13:00
As customers flock to brick-and-mortar stores with the return of in-person events, businesses have an opportunity to innovate, build community, and solidify their brand values.
Credit Suisse's Overhaul Plan Needed Investors' Patience and Trust. It Ran Out of Both.
Wall Street Journal - 2 Apr 2023 13:00
Wall Street rainmaker Michael Klein had been tapped to run an investment-bank spinoff. Now that plan is dead.
SVB Collapse Complicates Banks' Efforts to Unload Over $25 Billion of Junk Debt
Wall Street Journal - 2 Apr 2023 13:00
Banking turmoil and Twitter woes cloud the picture for 'hung' buyout loans.
The Thrill -- And The Mystery -- Of A 1970s Bell Labs AI Chatbot Known As 'Red Father'
Forbes - 2 Apr 2023 12:30
In its heyday, AT&T's Bell Labs was the center of innovation, akin to Silicon Valley today. With AI chatbots in the news, I wondered what happened to a now-vanished early version I used at the famed research institution'...
Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap
Wall Street Journal - 2 Apr 2023 12:00
Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations.
After Manhattan Indictment, Trump's NFT Trading Cards See Sharp Rise in Value - Here's Why
Crypto News - 2 Apr 2023 11:40
Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him. According to NFT data aggregator NFTPrice...
German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
Bitcoin.com - 2 Apr 2023 11:30
Blocknox, a subsidiary of one of Europe's largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for d...
Economists expect a recession this year. Are states' unemployment systems ready?
USA Today - 2 Apr 2023 11:00
Unemployment insurance offices continue to grapple with outdated operating systems. The system could crack further if the U.S. enters a recession.
Jim Cramer Advises Against Using Binance -- Says Crypto Exchange Is 'Way Too Sketchy'
Bitcoin.com - 2 Apr 2023 05:30
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who pr...
Listen to the bankers to fix the bank crisis -- not Biden or Yellen
New York Post - 2 Apr 2023 04:53
Let the banks pay the price -- so Joe Six Pack doesn't have to.
China's loans to Africa worry World Bank President David Malpass
BBC - 2 Apr 2023 03:07
The bank's president David Malpass says more transparency is needed when providing economic help.
What's Worth Streaming: Here's everything new coming to HBO Max in April 2023 -- and what's leaving
Market Watch - 2 Apr 2023 23:55
'Barry' is back for its final season, while 'Somebody Somewhere,' '100 Foot Wave' and 'A Black Lady Sketch Show' return for new seasons
Key Words: What is an indictment, and what does being indicted mean for Trump? Legal terms explained.
Market Watch - 2 Apr 2023 23:53
Legal language can get confusing -- just ask Nancy Pelosi, whose 'prove innocence' statement has been criticized for misreading U.S. law.