Basic Income Gives Money without Strings. Here's How People Spend It
Basic income can significantly improve financial security and stability, demonstrated by studies showing increased spending on basic needs and reduced emergency room visits. [ more ]
A Fed rate cut in September is highly likely based on solid but not excessive growth, despite the recent spurt of inflation. Policymakers may debate signaling a rate cut at the upcoming meeting. [ more ]
A Fed rate cut in September is highly likely based on solid but not excessive growth, despite the recent spurt of inflation. Policymakers may debate signaling a rate cut at the upcoming meeting. [ more ]
August 2024 BoE preview: A 25bp cut may be a hard pill to swallow - London Business News | Londonlovesbusiness.com
The August Bank of England decision is highly uncertain and could result in a rate cut or unchanged rates, with a divided MPC likely to cause GBP volatility. [ more ]
Headed for a soft landing? Here's why our economy is so unusual right now
The U.S. economy grew by 2.8% in Q2 2024, surpassing expectations. Despite higher interest rates, inflation is slowing, and experts foresee a potential interest rate cut. [ more ]
August 2024 BoE preview: A 25bp cut may be a hard pill to swallow - London Business News | Londonlovesbusiness.com
The August Bank of England decision is highly uncertain and could result in a rate cut or unchanged rates, with a divided MPC likely to cause GBP volatility. [ more ]
Headed for a soft landing? Here's why our economy is so unusual right now
The U.S. economy grew by 2.8% in Q2 2024, surpassing expectations. Despite higher interest rates, inflation is slowing, and experts foresee a potential interest rate cut. [ more ]
This US President Increased the National Debt by Over 700%
The U.S. national debt is at unprecedented and unsustainable levels, with deficits larger than any other country and a growing debt-to-GDP ratio. [ more ]
Kamala Harris may be skipping Bitcoin 2024, but the clock is ticking to win back crypto voters
Rumor circulated about Kamala Harris considering attending Bitcoin 2024, reflecting potential policy shift under her leadership in the crypto world. [ more ]
Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says
Speculation on Donald Trump's potential announcement or support for the U.S. government to hold a strategic reserve of bitcoin at the Bitcoin Conference. [ more ]
Mark Cuban Has Been Advising Kamala Harris on Crypto | Entrepreneur
Vice President Kamala Harris's potential openness to business, AI, crypto, and government as a service could impact the future business landscape positively. [ more ]
Coinbase expands board with former OpenAI exec, clinton aide
Coinbase strengthens bipartisan connections by adding new board members Chris Lehane, Paul Clement, and Christa Davies amid growing political importance of cryptocurrency industry. [ more ]
Ford Motor Co. earnings disappointed investors despite initial positive impressions, with a 26% earnings drop and high warranty expenses leading to a notable stock crash. [ more ]
China Is Paying People Extra To Dump Their Gas Cars
The future of electric mobility in the U.S. is influenced by the presidential election and Chinese policies, impacting incentives and subsidies, posing a challenge to American progress. [ more ]
If Trump Were to Pull the U.S. from the Paris Climate Agreement Again, It Will Be Much Harder to Rejoin
A potential second withdrawal of the United States from the Paris climate agreement under a Trump administration could have more significant implications due to faster exit terms and potential impacts on global climate aid and the UNFCCC. [ more ]
Economic growth accelerated in Q2 with consumer spending, inflation control, and strong labor market. Transition to sustainable growth underway, anticipating a soft landing. [ more ]
Economic growth accelerated in Q2 with consumer spending, inflation control, and strong labor market. Transition to sustainable growth underway, anticipating a soft landing. [ more ]
Harris Will Carry Biden's Economic Record Into the Election. She Hopes to Turn It Into an Asset
Vice President Kamala Harris faces the challenge of leveraging the strong economic record of the Biden-Harris administration for political gain. [ more ]
U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin
Robert F. Kennedy Jr. expressed strong support for Bitcoin and criticized the Federal Reserve and COVID lockdowns during the BTC 2024 conference. [ more ]
As Maduro faces Gonzalez in Venezuela, sanctions remain a key hurdle
Maduro faces economic crisis, mass emigration, and upcoming elections in Venezuela. People are seeking change amid hardship and high food prices. [ more ]
Verizon reported strong financial results in the second quarter of 2024, driven by wireless service revenue growth and broadband subscriber increase. [ more ]
Four Takeaways From the Bankruptcy Filing Rocking a California Wine Company
Vintage Wine Estates filed for Chapter 11 bankruptcy, planning massive layoffs affecting nearly 400 employees across various brands and facilities in California. [ more ]
Goldman Sachs Loves 5 Very Surprising High-Yield Dividend Stocks in July
Artificial intelligence stocks are leading the market rally, but most S&P 500 stocks are stagnant. Goldman Sachs recommends high-dividend stocks for passive income. [ more ]
Gen Z is underrepresented in the federal workforce. Here's how some experts would fix that
The lengthy process and stigma associated with federal job applications deter young public service graduates, causing a shortage of younger workers in federal agencies. [ more ]
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
Senate Banking Committee has not progressed with crypto legislation, but key figures like Tim Scott are now pushing for crypto-friendly regulation. [ more ]
Why More Companies Are Including Benefits in Job Postings
Employers should highlight company benefits in job postings to attract top talent, adapting them based on company size, industry, and position level. [ more ]
Egypt's MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand | TechCrunch
MNT-Halan, a microfinance startup, raised $157.5 million for acquisitions, merging with Tam Finans, expanding into Turkey, forming a $1 billion loan book. [ more ]
Currency Markets Coordinators Revisione: Three risk management techniques for trading in forex - London Business News | Londonlovesbusiness.com
Forex trading success relies on effective risk management strategies like setting stop-loss and take-profit orders, managing size and leverage, and adhering to a trading strategy. [ more ]
Brian O'Driscoll's company touches down with a bumper profit
O'Driscoll's O.D.M. & Promotions Ltd reported a significant increase in post-tax profits, showing strong financial performance after his retirement from rugby. [ more ]
Most luxury companies are struggling in China - except one
Most luxury companies are faring poorly in China, where consumers have pulled back on spending.But Hèrmes didn't see a big China slump, the company said Thursday.
The Legacy of Lynchings Still Hurts the Economic Prospects of Black Americans
The economic disparities faced by Black Americans today can be traced back to the historical injustices of lynchings, impacting their economic prospects and perpetuating poverty cycles. [ more ]
VanEck Sees Bitcoin Hitting $2.9M by 2050 - but a Lot Has to Happen First
By 2050, Bitcoin may settle 10% of international trade and become a key reserve asset, with concerns surrounding power demand, government regulations, and competition. [ more ]