After 14 consecutive interest rate increases, the central bank’s long fight against persistent inflation in Britain is entering a new phase.
Epic Games, the maker of Fortnite, agreed to pay $245 million to refund customers over accusations that it tricked players into making unwanted purchases.
Crypto executives are still hungry for growth. But the U.S. market is now off the menu.
Mr. Bankman-Fried and his allies have blasted Sullivan & Cromwell, the New York law firm managing FTX’s bankruptcy, for its tangled relationship with the crypto exchange.
How U.S. Households Got Turned Upside Down by Higher Interest Rates
September 21, 2023 / no comments
A new reality has finally started to set in across American households: Higher interest rates are here to stay.
The investor has acquired a number of Seattle-area properties since entering the market nearly a decade ago.
Online retail giant Amazon is advertising $3,000 sign-on bonuses and pay boosts in an effort to draw more than 250,000 seasonal workers across the U.S. for the holiday shopping season.
Seattle-based Outreach has now gone through four rounds of layoffs in just over a year. A spokesperson says the company will move some operations to Mexico City and India.
Hong Kong Says It Calls the Shots, Not Beijing. Investors Are Wary.
September 20, 2023 / no comments
Its close ties to Beijing are putting the city, still an international financial hub, in a bind as it lures Western investors to revive its economy.
The cryptocurrency issuer had said it would cut loans to zero in 2023.