Web 3.0 is built on principles of collaboration and unity, yet there have been several examples where disagreements led to conflict and separation. This resulted in fragmented communities across vario...
Tag: Economy
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
Southwest Airlines customer service goes fully remote, reservations centers close
A traveler walks past a Southwest Airlines airplane as it taxies from a gate at Baltimore Washington International Thurgood Marshall Airport on October 11, 2021 in Baltimore, Maryland. Kevin Dietsch |...
Project aims to build a creator-focused economy through blockchain
A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achie...
Fintechs delay IPO plans, focus on profitability amid recession fears
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financi...
Stock futures are lower after Wall Street snaps two-day win streak
Stock futures were lower in early morning trading Thursday after the major averages ended the Wednesday regular session lower and U.S. Treasury yields rose. Futures on the Dow Jones Industrial Average...
Mortgage demand falls to the lowest level in 22 years
Mortgage rates are back on the upswing, after a brief decline in May, and the housing market is still suffering from a lack of listings. As a result, mortgage demand continues to drop. Total mortgage ...
Travelers can now go to Japan but domestic tourists remain its focus
After more than two years of closed border policies, Japan is set to welcome back international travelers this week. Come June 10, foreign tourists traveling via packaged tours can enter Japan. Howeve...
Cramer’s Mad Money Recap 6/7: Target, Smucker, Eli Lilly
When there’s not enough of anything, everything gets more expensive, Jim Cramer told his Mad Money viewers Tuesday. But eventually, things get so expensive they stop selling. Today we learned th...
Campbell Soup, Moderna, Western Digital and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer’s shares rallied 3.7% in the premarket after Campbell reported an adjusted quarterly profit of 7...
$150 oil won’t cripple economy, market: J.P. Morgan’s Marko Kolanovic
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believ...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
How Is The Economy Doing Right Now In 2022?
Getty Images Key Takeaways The stock market performed incredibly well in 2020 and 2021, despite a challenging economic backdrop There’s no real consensus on whether a recession is likely over the next...
Costco Raises Prices While Target Lowers Them
The pandemic has disrupted a variety of retail chains. Covid has created supply-chain problems, where ordered items take longer to arrive, but that’s not the only problem facing retailers, inclu...
The Economy May Be Slowing, But Recession Fears Are ‘Overblown’ These Experts Argue
Topline Despite the stock market taking a hit in recent months from growing recession fears, some experts still remain cautiously optimistic about the economy’s prospects, predicting that a downturn c...
How MIDA’s Token Economy is Set to Rejuvenate the Art Market
It’s no secret that art museums have seen better days. As far back as 2001, attendance at U.S. museums was already in stagnation, and the trend has only continued to deteriorate in the years since. In...
The future of NFTs in the web3 economy
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › ? Want to work with us? CryptoSlate is hiring for a handful of positions! As the...
One side Elon Musk got a bad feeling about the US economy, on the other got a response from President Biden!
Tesla and SpaceX CEO Elon Musk being outspoken about something may be not, but President Joe Biden responding to him for something is really a surprise In an email to Reutars, Tesla and SpaceX CEO and...
Musk’s Economy Warning Demands Attention, Says Morgan Stanley
As if investors weren’t jittery enough about the state of the global economy, Tesla (TSLA) CEO Elon Musk has now further added to the heebie-jeebies. In an email to Tesla employees, Musk said the comp...
Why the global soil shortage threatens food, medicine and the climate
Soil can be considered black gold, and we’re running out it. The United Nations declared soil finite and predicted catastrophic loss within 60 years. “There are places that have already lo...
Cryptocurrency and the Meme Economy
Those who can grasp the memetic nature of not only crypto, but all value, can gain immense power by reading these natural flows of meaning. To do this, one must build a symbolic understanding, as symb...
Fed’s Mester says half-point rate hikes are needed to fight inflation
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with supporting a series of aggressive interest ...
‘I have an awful feeling’ about the US economy: Elon Musk- Know why?
In an email to Tesla executives reviewed by Reuters, Tesla CEO Elon Musk claimed he had a “very awful feeling” about the US economy. President Joe Biden reacted with a list of big corporate investment...
Bermuda Could Emerge as a Crypto Hub, Minister of Economy Says
Jason Hayward – Bermuda’s Minister of Economy and Labor – believes the island has the ability to turn into a global center of the cryptocurrency industry. On the other hand, the sector should operate ...
Tesla Stock Plunge Erases $75 Billion In Value After Elon Musk Flags ‘Super Bad Feeling’ About Economy
Topline Tesla shares plummeted Tuesday after CEO Elon Musk reportedly told executives he needed to scale back hiring and cut jobs due to growing concerns over the economy, adding to worries about the ...
Blockchain Economy Istanbul makes grand impact
After 2 years of Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27-28, 2022 in one of Istanbul’s most prominent and renowned venues: Hilton Istanbul Bomonti Hotel. Ist...
Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds – Bitcoin News
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on hi...