Virojt Changyencham | Moment | Getty Images With some employees pushing back against return-to-office plans and the hybrid work model of three days a week in person seeming to be the sweet spot, the idea of bringing workers back to the office for a five-day workweek appears to have hit a wall. Office attendance has
The current state of Web3 user experience is akin to driving a manual transmission car — there’s more control, but most users will find it unnecessarily clunky, according to several UX designers. Over the years, discussion around mainstream adoption of Web3 has centered around the need to improve crypto’s user experience and “ease of use.”
“It’s like a declaration of war,” Robert Habeck, Germany’s vice-chancellor and economics minister, said last month. The object of his ire was not the Russian invasion of Ukraine nor Chinese military exercises around Taiwan. Instead, he was complaining about the raft of subsidies and tax breaks for manufacturers on offer in the US — Germany’s
Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence. The Vancour-based mining company said in a July 12 statement it has dropped “blockchain” from its name to better represent the company’s “evolving focus” on revenue opportunities in
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Wall Street stocks and US government debt rallied on Wednesday while the dollar tumbled after inflation fell more than expected in June, easing pressure on the Federal Reserve to keep raising interest rates. Wall Street’s benchmark S&P 500 stock index rose 1 per cent to its highest level since April 2022, while the tech-heavy Nasdaq
Nashville, Tennessee received a series of upgrades from S&P Global this week. The credit agency on Monday boosted Metropolitan Nashville and Davidson County’s long-term general obligation debt rating to AA+ from AA. The upgrades also apply to obligations supported by its non-tax revenue. The outlook is stable. The action reflected Nashville’s efforts to “strengthen its
A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday. Domino’s Pizza — The stock popped nearly 11% after Domino’s announced U.S. consumers can now order its products through Uber’s Uber Eats and
Harvey, Illinois, is targeting an August settlement date in its long-planned tender exchange offer on its defaulted general obligation bonds. The exchange that launched this week would allow investors to shed the bonds’ default status, resolve investor litigation, and give the fiscally troubled Chicago suburb more time to repay its debt. The city posted the exchange
Bitcoin (BTC) bulls are again having a go at the overhead resistance of $31,000. The bullish sentiment may get a boost from the United States inflation report, which showed signs of slowing down. Economists were expecting the year-on-year consumer price index to rise 3.1% but the June print came in at 3%. The month-on-month increase
Receive free Romania updates We’ll send you a myFT Daily Digest email rounding up the latest Romania news every morning. Romanians are reeling from revelations that care homes kept elderly people in squalid conditions, failing to feed or tend to them for months, in a scandal reminiscent of that faced by the country’s orphanages in
In this article STLAM-IT HLLY SPWR ROKU Follow your favorite stocksCREATE FREE ACCOUNT Packages of Beyond Meat Inc.’s plant-based products, Beyond Burger and Beyond Sausage, are displayed at a supermarket in Katwijk, Netherlands, November 19, 2020. Yuriko Nakao | Getty Images Check out the companies making headlines in premarket trading. Roku — The streaming provider
Do Conservatives still believe in capitalism? Or to put it less starkly, do they still have faith in their economic model? For decades, Tories were unified behind Thatcherite economics that preached free markets, private enterprise, lower taxes, fiscal prudence, deregulation and globalisation. Free trade was an unquestioned good. Oligarch money was welcome in London, China
Suburban residential properties and distant city high-rises in Ruskin Park, a public green space in Lambeth, on 11th June 2023, in London, England. Richard Baker | In Pictures | Getty Images The Bank of England warned already struggling homeowners could see monthly mortgage repayments rise sharply in the coming months, but stressed households today are
The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein. During a July 12 interview on CNBC’s Last Call, Sonnenshein rejected the notion that BlackRock’s entrance to the Bitcoin ETF race made it “uncool.” “To see, literally, the
Receive free Television updates We’ll send you a myFT Daily Digest email rounding up the latest Television news every morning. Ebon Moss-Bachrach may not be “The Bear” in Hulu’s hit kitchen-based TV drama of that name, but he has made a name for himself playing a character that’s both aggressive and endangered. His performance as
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Assured Guaranty Municipal Corp. hired Marc Livolsi, formerly of Citigroup, as managing director of public finance marketing. Livolsi, who worked at Citigroup Global Markets Inc. for 25 years until the bank cut his position in February along with two others in its municipal team, will focus on building relationships with public finance professionals as well
Michael Nagle | Bloomberg | Getty Images The rapid rise of a few already massive tech stocks this year is causing Nasdaq to make unusual adjustments to its popular growth index. The company announced on July 7 that it will do a special rebalance of the Nasdaq 100 Index, which will take effect before the
Puerto Rico’s economy showed strength in May according to the economic activity index released Tuesday. The index was up 1.8% from a year earlier and 0.8% from a month earlier, according to the Economic Development Bank for Puerto Rico. Advantage Business Consulting President Vicente Feliciano said Puerto Rico’s economy was strong enough that it would