El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
Tag: Economy
Stocks making the biggest moves after hours: United Airlines & more
A United Airlines passenger plane is loaded at the capital’s BER airport before its first flight from BER to New York’s Newark Airport. On flights to the U.S. East Coast, Berliners and Bra...
Crypto Could Lead to ‘Dollarization’ of Economy, Says Indian Central Bank
Cryptocurrencies, in particular stablecoins, could lead to an undesired “dollarization” of the economy, India’s central bank warned a parliamentary panel. Top officials from the Reserve Bank of India ...
Lucas Lee-Tyson’s Journey Proves the Digital Economy Can Change Lives
The internet has given us many opportunities to grow in different ways. Using the right tools and decision-making skills, many people have been able to establish themselves using the internet. This ha...
RBI worry crypto could trigger dollarization of the economy
The RBI has been highly apprehensive about cryptocurrencies, telling the Parliamentary Committee on Finance that they could lead to the dollarisation of the economy and are inconsistent with India’s n...
China’s Economy Contracts Sharply as Covid Zero Cuts Output
(Bloomberg) — China’s economy contracted in April, with Covid outbreaks and lockdowns dragging the industrial and consumer sectors down to the weakest levels since early 2020 as millions of resi...
RBI officials issue warning on economy ‘dollarisation’ threat by cryptocurrencies
Officials from the Reserve Bank of India (RBI) have warned that with most cryptocurrencies denominated by the dollar, it could lead to the dollarisation of the country’s economy. The officials stress...
Coinbase CEO Predicts Crypto Economy To Have 15% Share In Global GDP: Says NFTs To Play A Huge Role
Brain Armstrong, CEO and Co-Founder of Coinbase, shared his view on layer-2 scaling solutions, the crypto market and NFTs, early this week. During Coinbase’s First Quarter 2022 Earnings Call, Armstro...
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy – Defi Bitcoin News
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the to...
U.S. pilot shortage forces airlines to cut flights, scramble for solutions
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shorta...
Dollar’s Strength Pushes World Economy Deeper Into Slowdown
(Bloomberg) — The soaring dollar is propelling the global economy deeper into a synchronized slowdown by driving up borrowing costs and stoking financial-market volatility — and there’s li...
How Lucas Lee-Tyson Is Cementing His Position as a Household Name In Digital Economy
Advertisement     The global economy is also experiencing a digital transition that is moving at a rapid pace. The digital economy refers to economic activity generate...
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears – Bitcoin News
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last we...
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears – Coinotizia
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last we...
A Blockchain-based Crypto Economy Where Content Creators Are Offered Freedom, Control & Unlimited Earning Potential
We all know that when it comes to freedom of expression, platforms like YouTube, Instagram, Twitter and alike haven’t always lived up to their promises. The landscape for creators is constantly changi...
United Airlines, pilots union reach contract agreement
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines and its pilots’ labor union have reached an a...
Twitter, Affirm, Robinhood and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily...
Coinbase CEO Brian Armstrong Predicts Crypto Economy Will Explode to 15% of Global GDP – Here’s His Timeline
Coinbase founder and CEO Brian Armstrong is optimistic about the future of crypto assets despite the current market downturn. In a recent Coinbase first-quarter earnings call, Armstrong says the crypt...
South Africa’s economy threatening downturn
DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city...
A Harvard economist says the economy looks bad right now, but a recession isn’t a sure thing. It all depends on these 2 factors
These days, the economy seems to be on pins and needles. Stocks are crashing, investors are jittery, and voices continue to murmur that a recession is nearly upon us. Things look bad right now, but on...
Firms plan to use balloons to go to space in 2024
Nearly half of Americans want to travel to space. But that means the other half doesn’t, according to a 2021 survey by ValuePenguin, one of LendingTree’s financial research websites. Nearly 40% ...
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that...
Federal Reserve Chair Jerome Powell confirmed by Senate for a second term
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising ...
Peter Schiff offers his thoughts on the US economy and Bitcoin
Financial aspects and monetary specialists anticipating will occur soon The ongoing price increase and the overall inflation have influenced the United States economy Peter Schiff took to Twitter to ...
Carvana, GameStop, AMC, General Motors and more
Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana s...
U.S. airline bookings dropped 17% in April, flights got even pricier
A Southwest Airlines aircraft taxis as an American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters U.S. airline bookings dro...
Ford, General Motors, Tapestry and more
Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to &#...
Global economy ‘will collapse’ as it ‘cannot sustain itself’
The cryptocurrency market continues to suffer drops as more money continues to outflow from its market capitalization as the bearish mood among traders and investors takes impact, with several of the ...
Voting On The Economy Or On Abortion? [Infographic]
In the last three election cycles, American voters have named the economy as their biggest concern. While the country is approaching the 2022 midterms, another topic—abortion—is vying for the attentio...
China may chalk up more debt as lockdowns hit the economy
Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have ...
McDonald’s franchisees worry new grading system will alienate workers
McDonald’s franchise owners are expressing concern and frustration over a new grading system the fast food giant is planning to roll out early next year, with some saying it is poor timing due t...
No, the markets are not panicking about inflation
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the re...