Free food is handed out by the Brooklyn community organization PASWO during a weekly food distribution on December 08, 2021 in New York City. Spencer Platt | Getty Images Spurred by a massive inventor...
Tag: Economy
Exxon Mobil, AMC Entertainment, UPS and more
A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies m...
There were 4.6 million more job openings than unemployed workers in December
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images Job openings totaled nearly 11 million in Decem...
How Suburban Sprawl’s Single-Family Home Zoning Limits Housing Supply
America’s suburbs are sprawling again. Last year, single family housing starts rose to 1.123 million, the highest since 2006, according to the National Association of Home Builders, however, opt...
GameFi is Bringing a Whole New Economy to Blockchain Users – How One Firm is Disrupting The Game
To Affynity and beyond with this blockchain startup that is raking in the funds even before the launch of its disruptive new metaverse. Affyn, a Singapore based company is weeks aways from launching i...
A look at the numbers behind the emerging Web3 economy
January 31, 2022, 8:46PM EST • 9 min read Quick Take Verifiable decentralized networks have enabled novel web applications and models whereby creators and communities can monetize and internet-native ...
Wage growth may be slowing from ‘breakneck’ pace
A Now Hiring sign hangs in front of a Winn-Dixie grocery store on Dec. 3, 2021 in Miami. Joe Raedle | Getty Images The rapid pace of pay increases that characterized the labor market for much of last ...
Obamacare plans are more affordable, helping the Great Resignation
Workers are quitting their jobs in record numbers – part of what is now called The Great Resignation. Around 4 million workers have quit each month between July and November 2021. Erica Leman had main...
Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy – Exchanges Bitcoin News
Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company belie...
Paul Krugman says crypto has ‘disturbing’ parallels with subprime
Nobel Prize-winning economist Paul Krugman. Panayiotis Tzamaros | ullstein bild via Getty Images Nobel Prize-winning economist Paul Krugman has given an ominous warning about the volatile cryptocurren...
The Fed uses one inflation gauge as its North Star. Here’s why
Federal Reserve Chairman Jerome Powell speaks during his re-nomination hearing before the Senate Banking, Housing and Urban Affairs Committee on Jan. 11, 2022 in Washington. Brendan Smialowski-Pool/Ge...
Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983
A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983, the Commerce Department reported Friday. The core personal consumptio...
Caterpillar, Chevron, Apple and others
Check out the companies making headlines before the bell: Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue ...
Wizardia helps players and investors benefit from a novel NFT economy
As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character and gameplay, but a...
How The North Face is moving to compete with Patagonia
The global outdoor apparel market is a $12 billion industry. For more than a half century The North Face has competed in the space, outfitting mountain climbers and skiers. But the outdoor recreation ...
Why the stock market hates the idea of rising interest rates
Traders work on the floor of the New York Stock Exchange at the opening bell Jan. 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images The specter of rising interest rates is spooking the stock market. The...
Project bridges Web 3.0 and Web 2.0 spurring on the creator economy
Bridging solutions enable users to take back their social identity from megacorporations PIP aims to address concerns by adding Web 3.0 functionality PIP exists as a layer of the internet on Web 3.0, ...
McDonald’s, Blackstone, Netflix and others
Check out the companies making headlines before the bell: Comcast (CMCSA) – The NBCUniversal and CNBC parent earned an adjusted 77 cents per share for the fourth quarter, 4 cents above estimates, with...
How Wizardia Players, Investors can Benefit From a Novel NFT Economy
As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character, and gameplay but a...
U.S. Economy Grew At The Fastest Rate Since 1984 Last Year
Topline Despite lingering Covid disruptions, the economy grew a better-than-expected 6.9% in the fourth quarter thanks to increases in consumer spending, exports and private investments—notching the f...
GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread
The U.S. economy grew at a much better than expected pace to end 2021 though the acceleration likely tailed off as the omicron spread put a damper on hiring and further hindered the global supply chai...
How Wizardia’s Players (and Investors) Can Benefit From a Novel NFT Economy
Advertisement     As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not on...
Federal Reserve statement January 2022: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 15. Text removed from the December sta...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
Boeing, AT&T, Mattel and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of is...
Cryptocurrencies Steal Money from the Economy; Bank of Russia Defends its Negative Stance on the Industry
Jan 26, 2022 at 14:28 // News On January 20, the Bank of Russia published a report proposing to ban the cryptocurrency industry in the country. After being heavily criticized, the institution defended...
Real estate billionaire Sam Zell says office space will recover ‘much faster’ than retail
Demand for office space is likely to rebound from depressed Covid pandemic levels long before retail properties, property billionaire Sam Zell told CNBC on Tuesday. “Everything between the top m...