Wall Street closes lower as inflation jitters spark broad sell-off May 11, 2021 US stocks closed lower today as rising commodity prices and labor shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes could translate into longer-term inflation. While all three indexes pared their losses from session lows, the sell-off was fairly evenly dispersed across the sectors. The Dow Jones Industrial Average fell [...]
Countdown to COP26 – how 2021 is a “make or break” year in the fight against climate change May 10, 2021 This year will be “make or break” in the fight against climate change, the UN Secretary-General Antonio Guterres has warned. The next United Nations climate summit, COP26 – or to give it its full title, the 26th Climate Change Conference of the Parties – is due to take place in Glasgow in November. Postponed from last [...]
Elon Musk reveals he has Asperger’s in Saturday Night Live appearance May 9, 2021 Eccentric billionaire Elon Musk has revealed he has Asperger’s syndrome during an appearance on US sketch show series Saturday Night Live. The Tesla founder told viewers he was the “first person with Asperger’s” to host the show, “or at least the first person to admit it”. It is thought to be the first time the [...]
Doge dumps hard as fans cash out after Elon Musk’s SNL debut May 9, 2021 Dogecoin holders began selling assets hard as Tesla CEO Elon Musk made various gags about the cryptocurrency on weekly US variety show Saturday Night Live.
Odds slashed on Dogecoin hitting $5 as fans await Elon Musk’s Saturday Night Live debut May 6, 2021 Bookmakers are cutting the odds of Doge reaching $5 before the year’s out as fans of the ‘running joke’ cryptocurrency prepare to see if it gets mentioned by Elon Musk on Saturday Night Live.
Rishi Sunak: Wealthy will be spared from post-pandemic tax raid May 5, 2021 Wealthy families will escape a post-pandemic tax raid earmarked to boost the economy, Rishi Sunak has suggested, as the chancellor praised Britain’s already “very progressive tax system”. Sunak said yesterday that he is “cautiously optimistic” about an upswing in economic growth, as Brits prepare to spare pent-up cash alongside the relaxing of lockdown restrictions. Speaking [...]
S&P Dow Jones Indices launches crypto indexes May 4, 2021 The S&P Dow Jones Indices, a division of financial data provider S&P Global, today said it had launched cryptocurrency indexes. The S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index will measure the performance of bitcoin, Ethereum and digital assets. The move to measure each space was originally announced in December last [...]
Ebay mulls letting users pay in Bitcoin May 3, 2021 Cryptocurrency is one of the new payment options EBay is exploring for customers, CEO Jamie Lannone has said. In an interview with CNBC, Lannone said the e-commerce firm is also exploring ways to get in to the business of non-fungible tokens (NFTs) – unique tokens stored on blockchain that have recently become popular among those [...]
Bitcoin bounces back to $58k level, and Ethereum breaks $3K May 3, 2021 A look back at the crypto week as Bitcoin steadies on $58 while second-placed Ethereum breaks $3k.
Exclusive: A heavy metal drummer working to infuse rhythmic harmony into the payments space May 3, 2021 Meet Tom Cregan, a heavy metal drummer and martial arts enthusiast who is on a mission to infuse rhythmic harmony into the world of global payments. The managing director and CEO of digital payments giant EML’s favourite part of any day as chief executive is, what he calls, finding a ”1+1=5 moment” by thinking and [...]