Steve Forbes: Strong currencies can help control inflation, not interest rate hikes

Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation. On Monday,...

Helium insiders owned majority of crypto tokens, Forbes reveals

Listen to this article. Internet-of-things darling Helium has come under fire for failing to disclose its centralized distribution of crypto tokens, revealed by a Forbes investigation. Insiders report...

Federal Reserve Continues Interest Rate Hikes And Housing Market Sees Spike In Mortgage Rates: Forbes AI Newsletter

AFP via Getty Images TL;DR To the surprise of no one, the Fed raised rates by 0.75 percentage points this week, with further hikes expected through the rest of 2022 and into 2023 Mortgage rates have s...

Helium Insiders Profited From Project at Expense of HNT Community, States Forbes Report

A new report has revealed that executives and insiders at Helium network benefited disproportionately from the project at the expense of the broader community. The Forbes report identified 30 wallets ...

Following A Forbes Investigation, Florida A&M Students Sue Florida Over $1.3 Billion In Underfunding

Some dormitories at Florida A&M this year have had flood damage and pest issues, the students’ underfunding lawsuit alleges. The Washington Post via Getty Images Six Florida A&M Universi...

Zelensky Sits Down With Forbes

Ukrainian President Volodymyr Zelensky sat down with Randall Lane, chief content officer for Forbes, Thursday afternoon at the 2022 Forbes Philanthropy Summit, addressing his country’s seven-month-lon...

Meta, Google, Nordstrom Reportedly Plan Staff Reductions—Here Are The Major U.S. Layoffs This Year

Google and Facebook parent company Meta are both cutting staff positions in a bid to slash costs, according to the Wall Street Journal, while Nordstrom is reportedly planning to cut 231, making them t...

Inflation Problems Persist And AI Makes Headlines: Forbes AI Newsletter

Getty Images TL;DR AI is all of the headlines, from autonomous vehicles, to Tesla’s AI day and art and music creation engines Inflation figures for the month of August have been released, and they gre...

Calif. Pharmaceutical Companies AbbVie And Bristol Myers Lay Off 360—Here Are The Major U.S. Layoffs This Summer

California pharmaceutical companies AbbVie and Bristol Myers Squibb reportedly plan to cut 360 employees—becoming the latest U.S. companies to reassess their headcounts as employers fear the economy c...

What’s Eating Kanye West? Leaving Adidas Would Drop The Volatile Superstar From Billionaire Status

Kanye “Ye” West has beefs with many: Gap, Adidas, and us here at Forbes, to name a few. Photo by Gotham/GC Images When Forbes determined that Kanye West had a net worth of $1 billion two y...

Biden Will Meet Families Of Brittney Griner And Paul Whelan

Topline President Joe Biden will meet with the families of WNBA star Brittney Griner and former U.S. Marine Paul Whelan, who both remain jailed in Russia, at the White House on Friday, officials told ...

Steve Forbes Praises Major Liz Truss Reform

Britain’s new prime minister, Liz Truss, is showing the way to a brighter energy future by ending her nation’s ban on fracking. In a break from prevailing orthodoxy, she wants to encourage—not discour...

Fed Not Backing Down On Monetary Policy And Investors React To Apple Releases: Forbes AI Newsletter

Getty Images TL;DR The U.S. market performed well through the week, finishing up 1.76% on Thursday against five days earlier, and climbing over 1% higher in early trade on Friday Jerome Powell has mad...

Cancer Treatment And Burials Canceled As U.K. Prepares To Shut Down For Queen’s Funeral Monday—Here’s What Else Will Be Closed

Topline The United Kingdom will all but shut down Monday as the funeral for Queen Elizabeth II grinds the nation—and the far reaches of its former empire—to a halt, with closures and cancellations aff...

Goldman Sachs Reportedly Planning Round Of Cuts Amid Growing Recession Fears—Here Are The Major U.S. Layoffs This Summer

Goldman Sachs is planning a round of layoffs across the company that could take place as soon as next week, the New York Times reported Monday, the latest U.S. company to reassess its headcount this s...

Michigan Health Care Giant Beaumont-Spectrum Lays Off 400 Amid Growing Recession Fears—Here Are The Major U.S. Layoffs This Summer

Beaumont-Spectrum, the largest health care provider in Michigan, announced Friday it is laying off 400 employees, the latest U.S. companies to reassess their headcount this summer as employers fear th...

California’s Extreme Heat, Cooking With Lynja On Forbes Top Creators, And A Game-Changer For Fast-Food Workers

It may be back to school, but summer’s heat is far from over. Horrifying temperatures have been hitting California, particularly. In downtown Sacramento on Tuesday afternoon, a 100-year-old record was...

Recession Fears And The Crude Oil Price Drop: Forbes AI Newsletter

AFP via Getty Images TL;DR Fed chairman Jerome Powell says they’ll “use our tools forcefully” to combat inflation Markets sold off heavily with fears that the U.S. could fall into a recession Crude oi...

Steve Forbes Blasts FDA Vaping Rule

To hear the FDA and other public health officials tell it, you’d think e-cigarettes are as lethal as the traditional tobacco kind. As this segment of What’s Ahead explains, the opposite is true. The o...

Forbes Announces Inaugural Sustainability Leaders Summit To Discuss New Innovations For A More Equitable Tomorrow

Forbes Sustainability Leaders Summit 2022 Forbes The global economy is built on a backbone of once-innovative technologies and practices that no longer work, and it’s time to forge a new path towards ...

Forbes report says 51% of reported Bitcoin trading volumes by exchanges were fake

Join Our Telegram channel to stay up to date on breaking news coverage An analysis by Forbes of 157 cryptocurrency exchanges revealed that their Bitcoin trading data differed from what they claimed. T...

Fake Crypto Trading Data Revealed by Forbes’ Research into 160 Exchanges

Yuri Molchan Recent research conducted by Forbes has shown that a lot of crypto trading data from exchanges is fake Contents Deliberately increased trading data reported Wash trading by whales Researc...

The Pending Home Sales And Durable Goods Reports: Forbes AI Newsletter

Getty Images TL;DR Data shows that the economy is doing better than many have expected President Biden has officially forgiven some student debt Inflation remains high and is likely to continue to be ...

Credit Suisse, SoftBank Reportedly Planning Layoffs. Here Are The Major Job Cuts Amid Growing Recession Fears

Credit Suisse and SoftBank are reportedly cutting back on staff, the companies announced on Friday—becoming the latest multinational firms to announce layoffs this summer as employers fear an unstable...

U.S. Farmers Struggle Through Drought To Bring Food To The Table But Face More Challenges Ahead

(top-right) The drought has dragged on for a long time. Last year, orchard farmers in California’s Central Valley destroyed trees that were dying due to lack of water. This year, many more farme...

Wells Fargo Cuts 75 Jobs In Home Mortgage Division. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears

Wells Fargo made its ninth round of job cuts in its home mortgage division this year as the housing market continues to cool substantially—the latest U.S. company to announce layoffs this summer as em...

Over Half of All Daily Bitcoin Trading Volume on Crypto Exchanges Are Bogus, According to New Forbes Study

The majority of Bitcoin daily trading volume on exchanges is fake, according to a new report from Forbes. Forbes examined 157 crypto exchanges around the world and concluded that more than half of the...

Spotify Is Pushing Dance Music To Reflect South Africa

Two women dance in a nightclub during an amapiano party in Johannesburg, on February 26, 2022. – On … [+] a viral video of Manchester Uniteds Paul Pogba, fresh from a haircut, rhythmically...

Remembering Mikhail Gorbachev

Steve Forbes and Mikhail Gorbechev in 1992. Forbes The Soviet Union was dissolved at the end of 1991. The following year Mikhail Gorbachev, now out of power, wanted to come to the U.S. with a small gr...

Snap Reportedly Laying Off 20% Of Staff. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.

Snap, the tech company behind the popular social media platform Snapchat, is planning to lay off roughly 1,280 employees this week according to The Verge, making it the latest company to announce layo...

Forbes Takes Down Its Article Criticizing SEC’s Crypto Regulatory Approach, Community Reacts

– Advertisement –   People have wondered what could have prompted Forbes to take down its journalist’s opinion piece about the SEC’s crypto regulatory tactics. Shortly after Forbes journal...

Forbes Report: Over Half Of BTC Trading Volume On 157 Exchanges Are Fake

According to a Forbes’ report, more than half of daily trading volumes for Bitcoin, the largest cryptocurrency in the world, are false. Being the pioneer cryptocurrency and the most well-known, Bitcoi...