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Business News

Location American Business News for 11 June 2023
Economist Jim Rickards Predicts Unveiling of New BRICS Currency -- Says 'the World Is Unprepared for This Geopolitical Shock Wave' Jim Rickards, an economist and the author of "Currency Wars," has predicted the unveiling of a new BRICS currency, stating that it "could weaken the role of the dollar in global payments and ultimately displace the U.S. ...
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TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust. In early Saturday hours, TUSD started dist...
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Russian Banker Predicts End of Dollar Dominance as Global Power Shifts Russia's second-largest bank's chairman has predicted the end of U.S. dollar dominance. He believes that the Chinese yuan will replace the U.S. dollar as the dominant currency. “I think that the time has come when Chin...
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Here's why Americans are getting tired of tipping: survey Americans are tipping less often for a variety of services, demonstrating a steady decline over the last few years, according to new data from Bankrate released this week.
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Subway threatens to yank run-down stores from franchisees as company searches for buyer Subway has ordered some franchisees to spend as much as $100,000 on remodeling their sandwich shops as the company scrambles to sell itself — and is threatening to take away their stores if they don’t comply, The Pos...
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How To Create A Psychologically Safe Workplace - And Why You Need To What business leader doesn't want an innovative, high-performing team? To get it, you'll need to establish a psychologically safe workplace.
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Travelodge to be put up for sale by GoldenTree with £1.2bn price tag US hedge fund seeks to profit from post-pandemic surge in demand for budget hotel chain Travelodge is to be put up for sale with a price tag of more than £1bn as the owner of the budget hotel chain seeks to cash in on a...
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The Fed's fight against inflation hasn't caused a recession in the US yet, but it could lead to a global downturn The Fed's interest rate hikes could have economic consequences well beyond US borders, according to a World Bank report.
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The U.S. economy hasn't slowed all that much. High inflation is sticky. And the labor market is still producing gobs of new jobs. What is the Fed to do?
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Rich Dad Poor Dad Author Robert Kiyosaki Warns of 'Greatest Real Estate Crash Ever' Rich Dad Poor Dad author Robert Kiyosaki has warned that the real estate market is on the verge of a crash that will be worse than the 2008 financial crisis. Noting that it will be the greatest crash “ever,” he stres...
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New rental data "perfectly" illustrates the housing-affordability crisis, an economist says.
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Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding s...
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Former U.S. Attorney General William Barr said Sunday that the 37-count federal indictment against Donald Trump over his handling of classified documents is "very, very damning," and rejected Trump's claims that the char...
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Billionaire investor and philanthropist George Soros is handing over control of his $25 billion financial empire to his son, 37-year-old Alex Soros.
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Wedbush analyst Dan Ives, who is known for his accurate predictions on iPhone pricing, has been making headlines for his bold bullishness.
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Stampede: Racing Royale is a surprisingly delightful 60-player battle royale game where players race karts around tracks. It’s coming to Early Access on Steam in 2023 from Level Infinite’s Sumo Leamington and publish...
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Several Target stores in Oklahoma City metro briefly evacuated after bomb threat Several Target stores in the Oklahoma City metro area were briefly evacuated Saturday afternoon after media outlets received threatening emails.      
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The Dow Jones Industrial Average Peaked In January, 2022. Now What? Dow Jones Industrial stocks in down trends: MMM weekly price chart: The big conglomerate peaked in mid-2021 at $190.
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'Transformers: Rise Of The Beasts' Narrowly Beats 'Spider-Man' At Weekend Box Office 'Transformers: Rise of the Beasts' brought in $170.5 million globally in its opening weekend.
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The Ukrainians Are Risking Their Best Leopard 2 And M-2 Vehicles Because The Prize--A Tokmak Breakthrough--Is Worth It The most difficult axis for the Ukrainians--from Orihiv and Mala Tokmachka along the front line through Tokmak, 20 miles to the south--also could be the most rewarding.
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Only 5 feet down under, a dinosaur graveyard turned up in Australia. It's sparking a paleontological revolution in the country. A farmer in Australia dug deeper than ever before and found a dinosaur graveyard resting 5 feet under his land.
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FC Barcelona Beat Chelsea And Borussia Dortmund To Senegalese Wonderkid Signing: Reports FC Barcelona have reportedly managed to beat Chelsea and Borussia Dortmund to the signature of highly-rated Senegalese wonderkid Mikayil Faye.
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