Wednesday, June 29, 2022

Is the US Preparing For a Recession

The economy is close to entering a recession, perhaps as soon as this year. To avoid taking too much of a financial hit, Americans will need to prepare. Last summer, we wrote that US economic growth was already starting to slow and the economy would keep decelerating in the coming months. That is already proving to be […]

Fed chair Jerome Powell: Rate hikes to lead to more job losses

Federal Reserve Chairman Jerome Powell told lawmakers on Thursday that aggressive interest rate hikes designed to tame inflation could lift unemployment on Main Street. Powell said that although it’s “certainly possible” to get inflation under control without causing job losses, that may not be the case. “There is a risk that unemployment will move up, from what […]

Shammi Shinh Partners with Bored Ape Yacht Club Artist to Break World’s Most Expensive Champagne Record

Shammi Shinh Partners with Bored Ape Yacht Club Artist to Break World’s Most Expensive Champagne Record by selling NFT for $2.5 million USD During NYC.NFT 2022, luxury champagne connoisseur Shammi Shinh has broken his 2013 record of World’s Most Expensive Champagne by partnering with the artists that illustrated celebrity favourite Bored Ape Yacht Club NFT. […]

European banks to increase cyberattack defenses amid Russia-Ukraine crisis

Banks across the euro zone are being told to increase their cyber defenses with the region’s regulator saying the issue should be a top priority amid heightened geopolitical tensions. “We are asking [banks] to strengthen their cyber regime measures and look at a potential increase in attacks and the danger of these attacks going forward,” […]