Finance

Inflation has had a run near its highest level in over 40 years. Luckily, wages have risen 5.1 percent on a year-over-year basis. Anyone impacted by the PepsiCo layoffs can find other sectors still looking for workers because of a crushing labor shortage in some sectors. Still, one has to wonder if as the economy begins to cool if it won't eventually hit the labor market. For now, the layoffs are concentrated mostly in the white-collar job sector.

Global retailer Amazon has announced that users of its platform can make purchases using the mobile payment app Venmo. The option will initially only be offered to a small number of customers, according to the business. Still, it is anticipated to be made available to all US users by Black Friday on both the Amazon website and the mobile app.

The recent Tesla recall is going to affect over a million electric cars. This comes after concerns over the automated car window system that can pinch the passenger or driver and possibly cause some injury. But the CEO, Elon Musk, doesn't think the situation should be described as a recall.

The crypto industry is about to experience a significant upgrade. It is due to the transition to the Ethereum blockchain. It is expected to fuel a surge in cryptocurrency prices as it updates some of its features.

Blockchains are distributed databases shared among computer databases’ nodes. In Blockchain, information is electronically stored in digital formats. They are popular for their crucial role in Bitcoin, ensuring transaction records are as decentralized and secure as possible.

Investing is a slow but sure way to build wealth over time. In the past, investors had to do a lot of research to make good decisions. But today, many powerful apps and software can help you find an investment plan that aligns with your interests and goals.

It can be difficult to keep up with the ever-changing economy, especially in a society where technology is constantly evolving, and new industries are constantly popping up. Understanding the basics is important if you want to do well in today's business world, so here are four topics that will help you better understand what's happening and prepare for what might come next.

As the internet continues to evolve into Web3, we are likely to see non-fungible tokens change and create new opportunities in the market. While many of today’s NFTs are likely to fail and be worthless in the future, there are almost certainly going to be a few gems that will stand the test of time.‍

Recently launching a new NFT (non-fungible token) service is popular Linktree, a launchpad for creators and artists to build Web3 brands and communities. While NFTs are the latest trend in the blockchain industry, millennials and investors spend millions of dollars to purchase digital assets.

The first few months after you open your business are critical. Hence, you must make sure you're starting right. Find out the common pitfalls to avoid.

This week, TikTok announced the worldwide release of new interactive add-ons with in-feed ads, allowing brands to create more engaging ads. The company says that users can now use interactive add-ons to engage with others through stickers, popups, and similar visual elements.

Everywhere you turn right now you see a story about how this artist or that gaming designer just scored hundreds of thousands of dollars or millions on art or game NFTs. The dollar signs probably have your eyes glazed over and thinking that maybe, just maybe, you should jump on this wagon while it's hot. The question is, where do you start?

It’s no doubt that gas and oil prices have been increasing day-in-day-out in different parts of the world. While so many factors ultimately determine the price of gas and oil, the war is one of the main factors that affect pricing in every part of the world.

The use of social media as a war weapon is nothing new. Social media can be used to circulate accurate information in the censorship face, but it also makes false information go viral, hence making matters worse than they already are.

In times of war, the economies of the involved countries inevitably suffer, not forgetting losing their citizens to death. There are also numerous losses gained like property destruction due to bombs, a spike in debt levels to fund the war, and a significant opportunity cost, as the funds used for war could build the nation.

The Russian invasion in Ukraine's continual escalation since February 2022 has brought investors to an edge. Most investors would like to understand how war affects the nation's economy, especially the stock market.

The world is in panic mode over many things, only a few of which are worth the freak-out. If you've checked the balance on your investments and noticed that some accounts have dropped, log out and take a deep breath.

With the world still trying to recover from the aftermaths of the recent pandemic, people are looking for new investment opportunities to boost their portfolios.

Cryptocurrency has been all over the news lately, with many people asking what it is and how they can get involved.

Christie’s auction house just sold a JPG file made by Beeple, a digital artist, for $69 million. The most print Mike Winkelmann or Beeple had ever sold before this was a $100-print. The print is a digital collage named The First Five thousand Days or “Everydays”.

Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties

Elon Musk, Tesla CEO, stated that the company would soon accept Bitcoin payments again. Musk made these comments at the B-Word conference, which was hosted by the crypto council.

Stellar Foundation, which supports the Stellar Network for blockchain-based payment services,

Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments.

Peyush Bansal, founder and CEO of Indian start-up Lenskart, told CNBC Friday that the company plans to go public in three years.

Uber’s one-time, $9.4 billion stake in Chinese ride-hailing giant Didi has dwindled by half in less than a month as China escalates its threats to U.S.-listed companies. This week, more than $2 billion of this drop was recorded.

Apple co-founder Steve Jobs’ handwritten job application dating back to 1973 is available for purchase. Bidders have the option of purchasing either the original document (or an NFT) version.

A recent study revealed that 73% of senior executives at financial institutions fear their companies will fall behind in terms of development if they fail to adopt virtual currencies and blockchain technology. 76% believe that digital assets will replace fiat money in the next 5 to 10 years.

PayPal is by far one of the most reputable and trusted online payment platforms across the globe that allows users to purchase goods and services and pay for the same online. PayPal has hundreds of millions of users who perform numerous transactions through the platform every day.

Modern stock trading was first created in Amsterdam in 1602, and it was called the Amsterdam Stock Exchange—now called the Euronext Amsterdam. The first company to be publicly traded was the same company that created this stock exchange, the Dutch East India Company.