Monthly Archives: August 2022

Hedge funds have amassed a $37 billion short bet against Italy’s debt as the country faces an energy crisis and political uncertainty

Giorgia Meloni, leader of the Fratelli d’Italia (Brothers of Italy) political party in Italy. Fabrizio Villa/Getty Images Hedge funds have amassed big bets against Italian debt, according to S&P Market Intelligence data.  The value of Italian bonds borrowed by investors hit €37.20 billion ($37.30 billion) in late August, and bets had climbed to the highest…

US stocks see 3-day decline as strong job openings report backs views for a hawkish Fed

Federal Reserve Chair Jerome Powell Win McNamee/Getty Images US stocks fell on Tuesday, marking a three-day decline, as fresh employment data backed views for a hawkish Fed.Job openings unexpectedly increased to 11.2 million in July, indicating the labor market remains tight.The decline comes just days ahead of the Fed’s planned acceleration of its balance sheet…

Get all the healthcare coverage you need with the Digital Health Briefing from Insider Intelligence

Healthcare has finally begun to embrace digital transformation after years as a stubborn holdout.The coronavirus pandemic has only accelerated adoption of technologies such as telehealth and remote patient monitoring.Insider Intelligence covers these topics and more each morning in our Digital Health Briefing email newsletter. Healthcare has been through quite the journey in the last few…

Bitcoin mining powers the system that oversees transactions and creates new bitcoins

The high cost of Bitcoin mining makes it impractical for many individuals. Jasmin Merdan/Getty Bitcoin mining involves confirming transactions and adding them to the blockchain. As a reward for this work, miners receive newly issued bitcoins. The cost of the hardware and energy involved can make profiting from Bitcoin mining difficult.  Bitcoin mining is a crucial part…

Royal Caribbean taps SpaceX’s Starlink for internet on its ships

The Starlink satellite internet service from Elon Musk’s SpaceX has more than 400,000 global subscribers. Getty Images Royal Caribbean is launching Starlink satellite internet across its fleet. The company said installation of the service will be complete by April 2023. SpaceX just received FCC approval to use its service on moving vehicles in June. Royal…

Shovel Knight Dig’s “ever-changing chasm of mystery” opens in September

Spade-wielding platform hero Shovel Knight will be embarking on a brand-new adventure on 23rd September, when Shovel Knight Dig launches for Steam, Switch, and Apple Arcade. Shovel Knight Dig, a collaboration between Yacht Club Games and UK studio Nitrome, feels like it’s been a long time coming, having first been revealed all the way back…