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Bitcoin Is Preferred Inflation Hedge Over Gold

Paul Tudor Jones told CNBC today that crypto is “clearly winning the race against gold” amid a broader discussion around inflation.

San Francisco Has Become a Shoplifter’s Paradise

Walgreens has closed 22 stores in the city, where thefts under $950 are effectively decriminalized.

The world's bankruptcy, in numbers

International Monetary Fund: Global public debt has reached 88 trillion dollars, equivalent to 98% of world GDP. Global debt (of governments, companies, organizations and individuals) is $ 281 trillion, equivalent to 355% of world GDP.

Evergrande shares rise on report of bond interest payment

Shares in embattled Chinese property giant Evergrande opened up 6% in Hong Kong after Chinese media reported it had made an interest payment before a crucial deadline.

Twitter CEO Jack Dorsey's dire warning: 'Hyperinflation' will soon 'change everything'

Twitter founder Jack Dorsey has issued a cryptic warning that "hyperinflation" will "change everything."

Inflation likely to hit 5%, warns Bank of England chief economist

The Bank of England's new chief economist has warned that UK inflation is likely to hit or surpass 5% by early next year.

Hooters server reveals how much she makes in tips in TikTok video

A server at Hooters has revealed how much money she makes in tips during an average week.

Elon Musk's Tesla reports record sales and profits

Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits.

New Facebook whistleblower claims execs downplayed Russian interference, hate speech: report

The claims purportedly corroborated many recent allegations by Frances Haugen, another former Facebook employee

The True Cost of Upgrading Your Phone

Tim Cook, Apple’s CEO, once compared buying an iPhone for $1,000 to buying a cup of coffee a day over a year. No big deal, right? But financial advisers see this differently. By some estimates, an investment of $1,000 in a retirement account today would balloon to about $17,000 in 30 years.

Facebook is planning to rebrand the company with a new name

Mark Zuckerberg wants to be known for building the metaverse

First Bitcoin-linked ETF has launched. But what is it?

What is an EFT and can it convince Bitcoin fans who want to cut out the middleman when it comes to trading?

Apple launches faster chips, MacBook Pros and Airpods

Apple launches faster chips, MacBook Pro laptops and cheaper Airpods. Here's what the new products looks like.

Russian film director who shot space movie sets sights on Mars

After spending 12 days in space shooting scenes for a film called "The Challenge," Russian director Klim Shipenko is looking further afield.

Privacy concerns raised over UK schools using facial recognition

Nine schools in North Ayrshire in Scotland say using the technology is quicker and more hygienic for pupils paying for their lunches.

Facebook bets big on the metaverse - but what is it?

'Metaverse' refers to the merging of physical, augmented, and virtual reality in a shared online space. Facebook thinks it's the future of the internet.

Bitcoin on cusp of all-time high ahead of futures ETF listing, $64,895

Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet an anticipated listing of a futures-based US exchange-traded fund could herald investment flows into cryptocurrencies.

’Narcissist Hoarders': Another Musk Trolling of Bezos Leaves Netizens Unamused

Competition has been tense between the two billionaires - both on social media (in the form of trolling) and offline. However, netizens think their altercations are the narcissistic talk of people who care about little other than money.

UK Gov't Stands Firm on Household Price Cap Amid Energy Market Jitters

Rampant speculation on the energy market has seen the price of natural gas futures more than double in recent weeks — before crashing back after Russia pledged to honour all existing contracts via its network of pipelines. But entrepreneurs in Britain's oversaturated market fear their profit margins will be cut to the bone.

Congress Scrambles to Boost Scrutiny After US Named Main Offshore Haven in Pandora Papers

The release of the results of a new investigation carried out by the International Consortium of Investigative Journalists (ICIJ) had an effect comparable to the publication of the Panama Papers. Several countries have already launched investigations into suspected tax evasion by their citizens.