The twin threats of inflation and recession loomed large over one of the biggest shopping weekends of the year. The good news is that online retailers likely had their biggest sales ever. While brick-and-mortar stores also had foot traffic, there weren’t long lines at check outs, giving pause to analysts on just what revenue that … Read more
Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis. Armstrong said that the enforcement action against U.S.-based companies for the irregularities committed by an offshore crypto exchange that fall out of the jurisdictions of … Read more
In the most heartening news for Democrats, John Fetterman flipped a Republican-controlled Senate seat that is key to the party’s hopes of maintaining control of the chamber. It was too early to call critical Senate seats in Wisconsin, Nevada, Georgia and Arizona that could determine the majority. In the House, meanwhile, Democrats kept seats in … Read more
(from left to right) Daniel Ricciardo, Pierre Gasly, Mick Schumacher and Nyck de Vries Zhou Guanyu’s contract renewal at Alfa Romeo has closed another door in Formula 1’s 2023 driver market – and made the remaining seats all the more appealing for the established, and emerging, stars in the running. As a competitive market continues … Read more
It’s been nearly two weeks since Ethereum made its historic transition from proof-of-work to proof-of-stake, and some ex-ETH miners say they remain clueless on how to move forward. Following the Merge, many took to crypto Twitter to discuss what they believe will happen to these former Ethereum miners. On the day of the merge, Twitter … Read more
The U.S. Geological Survey has detected a 7.6-magnitude earthquake in northeastern Papua New Guinea The U.S. Geological Survey has detected a 7.6-magnitude earthquake in northeastern Papua New Guinea Renagi Ravu was meeting with colleagues at his home in the Papua New Guinea highlands Sunday morning when a huge magnitude 7.6 earthquake struck. Mr. Ravu tried … Read more
Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief financial minister. In a Tuesday announcement, Truss’ office named Kwarteng as the next U.K. finance minister, replacing Nadhim Zahawi, who served as chancellor of the exchequer for … Read more
The U.S. authorized the first major makeover of the Covid-19 vaccines this week in an effort to stem an expected tide of infections and hospitalizations this fall. But it’s unclear how much protection the new booster shots will provide. The Food and Drug Administration and the Centers for Disease Control and Prevention cleared the shots … Read more
Ever since it has been reported that Cristiano Ronaldo’s agent Jorge Mendes is trying to negotiate a stunning swap deal with CR7 and Napoli forward Victor Osimhen, the rumour mills have continued to gather speed. Ronaldo is desperate to leave Old Trafford this summer and play Champions League football According to the Italian website Gianluca … Read more
Natural gas has started flowing through a major pipeline from Russia to Europe after a 10-day shutdown for maintenance Natural gas has started flowing through a major pipeline from Russia to Europe after a 10-day shutdown for maintenance Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day … Read more