Jaylon Johnson skipped the Bears’ from round of organized team activities last week. Big deal, right? We’ll find out in a couple months. The leader of the Bears’ secondary wasn’t required to attend what was essentially a rookie mini-camp. But it…
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.The United Arab Emirates announced on Wednesday that it had stopped participating in a maritime security force led by…
ToplineBill Ackman—the billionaire CEO of Pershing Square Capital Management hedge fund—posted a lengthy tweet Wednesday afternoon urging JPMorgan Chase CEO Jamie Dimon to run for president as a Democrat in 2024, after the longtime bank executive declined to rule out a…
The retailer, which sees its health care business as a way to drive profits, is trying to retain workers in a competitive labor market.The NewsWalmart, the nation’s largest private employer, said on Wednesday that it was increasing the wages for its…
News Join us on social networkssigned the long-anticipated cryptocurrency regulatory framework into law roughly three years after the European Commission introduced the measure. Lawmakers in the EU had batted the MiCA framework from legislative body to body, with different aspects of…
ToplineAmazon smart doorbell subsidiary Ring will pay a $5.8 million fine to the Federal Trade Commission for privacy violations involving compromised customer data given to third parties, settling a lawsuit from the federal agency. Key Facts The lawsuit alleged that Ring…
Bitcoin price action is at an impasse. Bulls and bears are divided as to what happens next, leading to months of consolidation. It could all come down to the next few days, according to the most important BTCUSD price chart you’ll…
Newsletter Join us on social networksnonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard…
News Join us on social networkspay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate.Gas Monetization on…
I visited the best and largest bookstore in Konstanz, a university town and a town with above-average wealth. The bookstore had three floors. In times past, you might have expected to find hundreds of classic German-language novels in such a store. …
Announcement Join us on social networksWeb3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming companies started to notice blockchain technology’s potential, resulting in a total of $739…
The top federal auto safety regulator on Wednesday proposed requiring all new cars and trucks to have automatic braking systems that reduce the likelihood of collisions. The proposal comes after traffic fatalities and pedestrian deaths soared in recent years, topping 40,000…
Typically when you meet a world-class athlete, and one who’s won Olympic medals and a World Cup, grabbing a quote happens at the sideline in a flash. But on a Thursday in late May, it was at a Pilates studio in…
ToplineThe Justice Department on Wednesday sued the son of West Virginia Gov. Jim Justice (R) and several of the family’s coal mining businesses for more than $7.6 million in unpaid penalties and fees for health and safety violations, a hit to…
I currently have an opportunity of upgrading homes but am unsure whether it's the right move. Maybe you're going through this dilemma as well and need to talk things through. The house I wanted to buy a year ago failed to…
Price Analysis Join us on social networksBTC) is on track to end May with losses of about 7%. Another noteworthy thing in May is that Bitcoin’s 30-day volatility dropped to 1.52%, which is far below the yearly average 4% and higher.…
ToplineActivision Blizzard CEO Bobby Kotick minimized toxic workforce claims that have surrounded his company in prior years in an interview with Variety published Wednesday—in his most outspoken comments about the issues to date—claiming his company did not ever have a “systemic…
One of the perverse truisms of crypto is that for a certain kind of founder, the clearest path to success is to never actually build anything. Token presales incentivize infinite delay because you can cash in so effectively on grandiose promises…
Stablecoin issuer Circle Internet Financial has ditched all U.S. Treasury bonds from its USD Coin (USDC) backing reserves as part of precautionary measures to protect from a potential fallout from the looming U.S. debt ceiling showdown. The Circle Reserve Fund, managed…
ToplineBoston University President Robert Brown argued Wednesday that students implemented “cancel culture” and were “appallingly coarse and deliberately abusive” when they heckled Warner Bros. Discovery CEO David Zaslav during a commencement address earlier this month—where students chanted “pay your writers” during…
An executive at the bank said in a deposition that the lender cut ties with Mr. Epstein after James Staley, his main advocate at JPMorgan, left. It was one of dozens of depositions in the sprawling litigation.JPMorgan Chase’s decision to stop…
News Join us on social networksannounced on May 31. The new organization promises to provide a ratings service and indexes when it is fully launched.The new organization is debuting at a crucial moment, as retail cryptocurrency trading begins in Hong Kong…
Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a set-and-forget yield farming strategy for…
In 1831, when Albert Bichot family winery was established in Burgundy, they farmed all of their vineyards organically. In fact, the majority of vineyards in France were farmed naturally in the 1800’s, because it wasn’t until the 1940’s, after WWII, that…
CBO score: Note in the table reductions in deficit only start from FY 2024. The reduction is about 0.25 ppts of GDP in FY2024, about 0.37 ppts in FY2025. Macro Impact? Relative to no debt-crisis standoff, from Bloomberg: The peak impact…
Update (1400ET): The Financial Times reports that OPEC has barred several media groups from attending its crucial production meeting in Vienna this weekend, in a move officials said was driven by Saudi ArabiaReporters from Reuters, Bloomberg News and Dow Jones, the publisher…
The Labor Department report may put pressure on the Federal Reserve to raise interest rates further to stem inflation.After three consecutive months of declines, job openings jumped in April, reaching 10.1 million, the Labor Department reported on Wednesday.The surge signals that…
By Lambert Strether of Corrente. Patient readers, I think by the time the countdown clock hits 500 I will have done something of an editorial redesign once more. The difficulty is that Covid, as a story, is popping everywhere but the…
JPMorgan's CEO may be getting swept up in the Jeffrey Epstein scandal, but for a billionaire like Jamie Dimon, whose catch phrase is "that's why I'm richer than you" and may as well be "that's why I will always be freer…
News Join us on social networksUSDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The milestone comes on the fifth-anniversary launch of…
Multichain, one of largest bridging protocols in the crypto ecosystem, said Wednesday it was suspending cross-chain routes and revealed that its CEO Zhaojun could not be contacted. “In the past two days, the Multichain protocol has experienced multiple issues due to…
ToplineConcerns about the American banking system’s health yet again sent the stock market tumbling Wednesday, as one major index appears poised to post one of their weakest May returns of the millennium. Key Facts The Dow Jones Industrial Average fell 0.4%,…
Wally Backman remembers many nights driving back home from Cashman Field after managing a Las Vegas 51s game, the desert heat still sweltering even after the sun went down over the Pacific. “The thermometer would still read 101-degrees,” said Backman, the…
Why are AI hobbyists so bad at hyping generative AI? On Twitter, the latest AI trend sees enthusiasts “fill in the gaps” of famous images, from the Mona Lisa to iconic memes, enabled by the launch of Adobe Firefly, which boasts…
This weekend, a pilot for Southwest got a taste of what can only be described as the true Southwest flying experience, when he was forced to board his plane through the cockpit window, after he wound up accidentally locked out of the cockpit. Passenger…
Just before midnight, David O’Neill navigated his trawler into the harbor in Union Hall, a small port in southwestern Ireland, the wake from the vessel sending tiny waves slapping against the pier.The crew swiftly unloaded their catch, using a crane to…
Featured image by Ketut Subiyanto via Pexels If you feel your business is losing customers or you’re paying more than you can afford for your current site, then it’s probably time for moving your business to another location. However, this is…
News Join us on social networkssaid he had “no mea culpas” regarding the failure of Signature, claiming that the bank’s dealings with crypto were “safe and sound” prior to regulators stepping in. The former U.S. lawmaker suggested the bank acted as…
Market Analysis Join us on social networksBTC) dropping 7.37% — its worst performance since November 2022 — and Ether (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However,…
ToplineFlorida Gov. Ron DeSantis (R) and wife Casey boosted his record leading Florida during the pandemic in their debut appearances on the campaign trail in Iowa—where DeSantis leaned into his war on “woke” culture, attacking “identity politics” and the “pronoun sweepstakes,”…
Merriman’s Waimea, Hawaii’s first carbon neutral restaurant, is thinking out-of-the-box when it comes to sustainability. Led by chef owner Peter Merriman, the restaurant has engaged in green practices since its inception, and is now introducing even more sustainability processes to continue…
Quote of the Day "Massive amounts of (venture) capital have distorted the way companies get built." (Kyle Harrison) Chart of the Day The performance of technology and energy stocks have flip-flopped in 2023. (chart via @ycharts) (allstarcharts.com) AI Strategy Energy Twitter…
Leading quick commerce startup Getir is considering closing all of its dark stores in France besides those located in Paris and letting go of more than 500 employees. After acquiring rival Gorilla in December 2022 for more than $1 billion, Getir’s…
Authored by Simon White, Bloomberg macro strategist,US large-cap indices are currently diverging from recessionary leading economic data. However, a decisive steepening in the yield curve leaves growth stocks and therefore the overall index facing lower prices.Leading economic data has been signalling a…
The chatter, and picture, on social media was too rich for Los Angeles Chargers fans: Current Chargers running back Austin Ekeler training with former Chargers running back Melvin Gordon in Las Vegas. Ekeler, of course, was recently granted a fresh incentive-based…
At first glance, nothing about Benny Boy Brewing makes sense. Nestled next to the eternally crowded Interstate 5, just a stone's throw from a large railyard, in the sea of concrete that is Los Angeles, one must wonder why this one-year-old…
Kraken is excited to announce that we have been named #16 in Newsweek’s Top 100 Global Most Loved Workplaces® list. We are also the only crypto company on the list. This recognition reflects Kraken’s ongoing commitment to building a flexible workplace…
I’ve always been a big fan of Insomniac’s colorful Ratchet & Clank games. Fun platforming, a massive arsenal of creative guns and great characters exploring an exciting universe of danger, adventure and silly humor. What more could you want? Well, up…
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline. The prominent member of the Senate Banking Committee referred to data from…
Coinbase CEO Brian Armstrong has warned that the US risks ceding its global financial leadership and innovation hub status if it fails to recognize the transformative potential of blockchain technology and cryptocurrency. In a recent interview with Market Watch, Armstrong urged…