Business News
JPMorgan Targeted by Republican States Over Accusations of Religious Bias
Wall Street Journal - 13 May 2023 06:01
The nation's largest bank is rebutting the claims of GOP attorneys general and treasurers, who say the bank mistreats people of faith.
Inside Canada's polar bear 'jail' where bears go without food and are kept behind bars — but it's not what you might think
Business Insider - 13 May 2023 14:05IMF Warns of 'Very Serious Repercussions' if US Defaults on Debt Obligations
Bitcoin.com - 13 May 2023 03:30
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. "We are calling...
What You Need To Know Before The Eurovision Grand Final
Forbes - 13 May 2023 00:23
The global singing contest grand final, airing live on Saturday, featuring 26 songs culled from the 37 countries that entered the competition, will be filled with highly technical stage performances.
The Fed Might Finally Let These 11% Yielders Off The Floor
Forbes - 13 May 2023 15:35
What's up with floating-rate funds?
Rolls-Royce CEO Embarks on 'Last Chance' Overhaul at Jet-Engine Maker
Wall Street Journal - 13 May 2023 15:00The housing market has frozen over. Here's why home affordability isn't getting better soon, real estate experts say
Business Insider - 13 May 2023 14:15Chase is opening airport lounges in the US as it takes a page from Amex's playbook — take a look at the first one
Business Insider - 13 May 2023 13:43Ethereum Network Recovers after Two Consecutive Performance Issues Reported in 24 Hours
Crypto News - 13 May 2023 12:56
The Ethereum network has recovered after suffering from two performance issues in the past 24 hours that resulted in blocks not being finalized. In a Friday tweet, pseudonymous Ethereum developer Terence.eth revealed tha...
Twitter's new CEO hasn't even started yet, but she already has a parody account that's 'suspended' Elon Musk
Business Insider - 13 May 2023 11:45Inside the 'Great Race' at BlackRock: Who Will Replace Larry Fink?
Wall Street Journal - 13 May 2023 11:30
The only person to ever hold the title of BlackRock CEO says he has no imminent plans to retire--but he is grooming several executives who could take the reins.
The Pain of Silicon Valley Bank's Collapse Is Being Felt by These Depositors
Wall Street Journal - 13 May 2023 11:30
Two months after the failure of Silicon Valley Bank, the lender's depositors in the Cayman Islands have been left out in the cold.
The Debt Ceiling Might Need Market Sell-Off
Forbes - 13 May 2023 07:19
The US debt ceiling debate is brewing into a spectacle that could spur market volatility given that few of the parties have an incentive to give in.
Award-Winning Green Web3 Start-up Ecoterra Raises $3.5 Million as Investors Swoop In Ahead of 10% Price Rise
Crypto News - 13 May 2023 00:33
Award-winning green web3 start-up ecoterra's presale continues to fly, with sales of its native $ECOTERRA token having now surpassed $3.5 million as investors swoop in ahead of a 10% token price rise. Ecoterra is buildin...
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
Bitcoin.com - 13 May 2023 00:30
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 ...
Automotive Tech Billionaire to Acquire Majority Stake in Forbes
Wall Street Journal - 13 May 2023 00:22Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler's Digest, May 7-13
Coin Telegraph - 13 May 2023 23:14
Calls for a boycott of Coinbase over memecoin controversy, Florida's ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
Abortion Ban Divides North Carolina: Gov. Cooper Vetoes Limits--GOP Legislature Pressed To Override
Forbes - 13 May 2023 22:54
Cooper noted a vote from "just one Republican" is needed to sustain his veto.
The Ratings Game: Who will win Big Tech's race for the best AI assistant: Google, Apple, Meta or Amazon?
Market Watch - 13 May 2023 22:08
Personal assistants such as Alexa and Siri are being offered by the biggest names in tech, and Morgan Stanley analysts are betting on one Big Tech name to win.
What Are We Paying Indexers For Being Passive? Part 2
Forbes - 13 May 2023 22:52
In this segment, I argue that passive index creates index zombies that survive because of relatively guaranteed demand for their stock from indexers. I also hypothesize that indexing reduces the production of value relev...
Hold On, 'The Walking Dead: Dead City' Actually Looks . . . Really Good
Forbes - 13 May 2023 22:28
I haven't been an enthusiastic fan of The Walking Dead in a very long time.
American car culture is changing thanks to younger generations. But Gen Z and Millennials see vehicle ownership much differently.
Business Insider - 13 May 2023 22:11
Gen Z is changing American car culture. The number of young people with licenses continues to decline, indicating a shift in how young people interact with cars.