- June 28, 2024
Business
SEC sues MetaMask developer Consensys as it extends legal crusade against crypto industry
On Friday, the Securities and Exchange Commission brought its latest lawsuit against the crypto industry, this time targeting Consensys, a blockchain firm focused on the
Coinbase down 9% this month, aligned with Bitcoin’s tumble
Even with gains through midday Tuesday of better than 4%, to nearly $222, shares in the cryptocurrency exchange Coinbase are down about 13% since June
Consumer sales are flatlining, but UBS says it will drive a revival of brick-and-mortar stores as shoppers want to ‘try before they buy’
The number of people buying online is falling—but bad news for consumer spending could lead to a comeback for brick and mortar stores thanks to
‘Sometimes, the facts don’t matter’: Attacks on DEI are an anti-capitalist war on American prosperity
Few three-letter words have polarized our country more than DEI—formerly known as diversity, equity, and inclusion. DEI has engaged America in a ruinous rhetorical civil
Housing market crisis: High home price are ‘feudalizing’ California
There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis
Instant noodles banned in Denmark for being too spicy
A Danish food regulator recalled a brand of instant noodles, declaring the chewy, umami-filled strings posed a health hazard, despite not having quality control issues.
Housing market outlook: Spring selling season is coming to an end—not with a bang, but with a whimper
This year’s spring selling season wasn’t a typical one, and while it seems to be better than last year, there was an air of melancholy
Jetblue Airways, Pelaton, and Manchestor United a few of the 7,000 ‘zombie companies’ globally
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on
AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says
With sluggish productivity growth around 1.4% despite watershed advancements in technology and innovation, increasing growth—and median household incomes—may hinge on a simple equation. “I have
S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management and plunging him deeper into political difficulties a week before European elections.