Economy

Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.

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https://www.fastcompany.com/3040832/a-universal-basic-income-is-the-bipartisan-solution-to-poverty-weve-bee
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Fast Company
What if the government simply paid everyone enough so that no one was poor? It’s an insane idea that’s gaining an unlikely alliance of supporters.
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https://www.siliconrepublic.com/innovation/ucc-quantum-computing-discovery-superconductor-joe-carroll-seamus-davis
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Siliconrepublic
Lead author Joe Carroll of UCC said the team have discovered a new superconductor state that physicists have been searching for for decades. Scientists at University College Cork (UCC) have made a new discovery that can have "significant consequences" for the future of quantum computing. Using one of the world's most powerful quantum microscopes, researchers at the Macroscopic Quantum Matter Group laboratory discovered a spatially modulating superconducting state in a new and unusual superconductor called Uranium Ditelluride, or UTe2.
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https://www.law360.com/tax-authority/articles/1679774
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Law360
Register Now! PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Law360 Tax Authority may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest. You'll be able to update your communication preferences via the unsubscribe link provided within our communications.
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https://www.smallbiztechnology.com/archive/2024/02/coinbase-supports-grayscales-ethereum-trust-transformation.html/
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Smallbiztechnology
Coinbase, a top-notch cryptocurrency entity, has openly shown support for Grayscale's proposition of transforming its Ethereum Trust into an Ether Exchange-Traded Product (ETP). This move is anticipated to make Ether more accessible and liquid for retailers and institutional investors...
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https://www.nytimes.com/2020/08/21/business/economy/national-debt-coronavirus-stimulus.html
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The New York Times
The debt of the United States now exceeds the size of its gross domestic product. That was considered a doomsday scenario that would wreck the economy. So far, that hasn’t happened.
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https://www.ft.com/content/b3c8f1ff-52ca-4c08-ba8c-bea232ffa877
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Ft
During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting.
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https://www.koreaherald.com/view.php?ud=20231016000490
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Koreaherald
SK Ecoplant announced Monday that its Singaporean unit TES-AMM has processed and recycled over a cumulative 6,000 metric tons of discarded batteries.Electronic waste recycling company TES has been processing and recycling lithium batteries retrieved from mobile devices including smartphones,...
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https://www.bbc.com/news/business-68177941
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Bbc
Bao Fan: Missing China billionaire banker resigns from all rolesBy Peter HoskinsBusiness reporterChina Renaissance founder Bao FanChinese billionaire banker Bao Fan, who has been missing for almost a year, has resigned from all roles at his firm, China Renaissance Holdings.He stepped down "for...
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https://blockchain.news/news/binance-rewards-crypto-literacy-with-bitcoin-nfts-knowledge-contest
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Blockchain
Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.
In alignment with the upcoming 2024 Bitcoin Halving event, Binance, the world's leading cryptocurrency exchange, has launched a unique...
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https://economictimes.indiatimes.com/markets/stocks/news/jio-financial-to-explore-blockchain-based-platforms-and-cbdc-mukesh-ambani-at-agm/articleshow/103139918.cms
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Economictimes
Reliance Industries chairman Mukesh Ambani on Monday announced that the conglomerate's financial services division Jio Financial Services may also start offering blockchain-related products as well as digital rupee."JFS products will not just compete with current industry benchmarks but also...
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https://www.mining-technology.com/features/top-ten-biggest-lithium-mines/
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Mining Technology
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https://www.wired.com/story/hed-can-the-public-be-trusted-in-a-pandemic/
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Wired
It's easy to be cynical in the midst of a crisis, but your fellow humans might surprise you.
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https://bravenewcoin.com/insights/conflux-network-introduces-axhkd-hong-kong-dollar-backed-stablecoin
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Bravenewcoin
Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD.
Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network...
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https://www.newsweek.com/florida-tax-system-most-unfair-poor-study-1859493
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Newsweek
The Florida tax system is the most unfair on the poor in the entire country, according to a new study, with the lowest-income 20 percent in the state paying much more of their income in taxes than the wealthiest 1 percent.The Institute on Taxation and Economic Policy (ITEP), a nonprofit,...
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https://www.retailwire.com/discussion/will-a-recruiting-campaign-help-hm-enlist-new-employees/
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Retailwire
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https://blockchain.news/news/saudis-250m-tech-innovation-boost-with-hashgraph-(hbar)
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Blockchain
The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions.
The Hashgraph (HBAR) Association, in a groundbreaking move, has announced a...
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https://techcrunch.com/2024/03/26/baas-startup-synctera-layoffs-fintech/
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Techcrunch
has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. pegs the number to be about 17 people, or about 15% of the company. Doing the math, that means the company had about 113 employees prior to the cuts, and about 96 now. Synctera built a platform designed to bring together fintech companies and sponsor banks.
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https://www.britishcouncil.ph/creativeinnovatorsdti/stories/all-eyes-on-creative-hubs
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British Council
At a time of rapid urban development and societal change, it is more important than ever, that citizens find a sense of place and belonging.
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https://www.cnbc.com/2024/02/27/war-on-woke-capitalism-stanchart-ceo-says-esg-is-good-for-business.html
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Cnbc
Standard Chartered chief executive Bill Winters says environmentally conscious investing can be good for business, dismissing the impact of a U.crusade against mission-driven investments. His comments come at a time when investments based on environmental, social and governance (ESG) factors have become a politically polarized issue.
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https://www.prnewswire.com/news-releases/bybit-secures-top-rankings-in-institutional-crypto-futures-302021597.html
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Prnewswire
DUBAI, UAE, Dec. 22, 2023 /PRNewswire/ -- Bybit, the world's third-largest crypto exchange by volume, is thrilled to announce its continued ascent in the institutional crypto market, claiming top positions in several key derivatives categories. Recent data from Coinglass reveals Bybit's stella...
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https://cryptopotato.com/solana-wallets-guide/
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Cryptopotato
Solana is one of the largest blockchain ecosystems, boasting thousands of decentralized applications. With a vast sea of web3 projects and apps on Solana waiting to be explored, it's crucial that we pick the right wallet that suits our needs. Whether you're a seasoned user or a newcomer to Solana's blockchain ecosystem, finding the best Solana wallet (tailored to your needs) is crucial.
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https://memberful.com/blog/stripe-competitors/
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Memberful
Here at Memberful, we use Stripe to securely process the financial transactions involved in your membership businesses. Stripe is a global online payment processing platform that allows businesses of all sizes to accept payments online (and in-person). It is one of the most popular payment processors in the world, but there are a number of other competitors that offer similar services.