June 24, 2022
“Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance… It follows a series of notable attacks on other blockchain bridges. The Ronin Network, which supports… Continue Reading…
June 24, 2022
“The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning prices dent demand for certain goods,… Continue Reading…
June 24, 2022
“…Here are the 10 worst metro areas for first-time homebuyers, according to Bankrate: Los Angeles- Long Beach- Anaheim Las Vegas- Henderson- Paradise Seattle- Tacoma- Bellevue Riverside- San Bernardino- Ontario, California San Jose- Sunnyvale- Santa Clara, California Denver- Aurora- Lakewood Houston-… Continue Reading…
June 23, 2022
“The global food crisis sparked by the war in Ukraine will kill millions by leaving the hungriest more vulnerable to infectious diseases, potentially triggering the world’s next health catastrophe, the head of a major aid organisation has warned…” https://www.barrons.com/news/global-food-crisis-will-kill-millions-by-disease-health-executive-warns-01655961907 No.… Continue Reading…
June 23, 2022
“Tesla CEO Elon Musk said his electric-car factories are “losing billions of dollars” as global supply-chain disruptions and challenges in battery manufacturing constrain the company’s ability to scale up production…. New factories in Berlin and Austin — where Tesla moved its… Continue Reading…
June 23, 2022
“…Companies including Twitter Inc. , real-estate brokerage Redfin Corp. , and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the economy are pulling away offers too, including some in insurance, retail marketing, consulting and recruiting services. At the same time,… Continue Reading…
June 23, 2022
“As central banks around the globe rapidly increase interest rates, soaring borrowing costs mean people who were already stretching to buy property are finally reaching their limits. The effects are being seen in countries such as Canada, the United States… Continue Reading…
June 22, 2022
“Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains.. According to the IEA’s report, 2021 saw roughly $105 billion invested what it called the… Continue Reading…
June 22, 2022
“Canadian consumer prices increased in May at rates not seen since January 1983, surging past analyst forecasts, largely driven by pricey gasoline, official data showed on Wednesday, upping the pressure on the central bank to hike rates “more forcefully” Canada’s… Continue Reading…
June 21, 2022
“…The Dow Jones Industrial Average jumped 424 points, or 1.4%. The S&P 500 climbed 1.9%, and the Nasdaq Composite popped 2.3%. U.S. stock markets were closed Monday for Juneteenth. Those moves follow last week’s declines that saw the S&P 500… Continue Reading…
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