Monthly Archives: August 2022

Which industries would benefit from real-time digital payment adoption?

Faster digital payments are garnering greater interest from US financial institutions, businesses, and consumers.B2B, C2C, B2C use cases all stand to gain from shorter settlement times offered by real-time payments (RTP).Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.The…

Russian crude exports to Asia are falling to their lowest levels since March

Getty Images Russian crude exports to Asia have fallen to their lowest levels since the invasion of Ukraine.  Shipments are falling below two million barrels per day according to Bloomberg.  China and India are Moscow’s biggest importers of crude.  Russian crude exports to Asia fell last week to their lowest level since the invasion of…

Amazon-owned Whole Foods reportedly told managers that workers couldn’t wear Black Lives Matter signage at work because it was ‘opening the door for union activity’

Erin Clark/The Boston Globe via Getty Images Whole Foods was concerned that allowing employees to wear Black Lives Matter signage could appear pro-union, Bloomberg reports. Per an internal email, one higher-up said it could be “opening the door for union activity.” Whole Foods employees have been fighting with the company since mid-2020 over the dress…

John Bolton says Trump’s claim he declassified documents before taking them to Mar-a-Lago is ‘almost certainly a lie’

Donald Trump and John Bolton. Evan Vucci/Associated Press Trump claimed he had declassified classified documents that the FBI found at Mar-a-Lago. John Bolton told The New York Times he believes the former president is lying.  “I was never briefed on any such order, procedure, policy when I came in,” he told the Times. Former President…

The bear market isn’t done yet and stock valuations are ‘significantly disconnected’ from reality, Morgan Stanley says

Traders on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images Stock valuations are disconnected from economic and earnings reality, according to Morgan Stanley.  The bear market is not yet complete and stocks have room to fall, analysts led by Mike Wilson wrote Monday.  The current macro, policy, and corporate earnings landscape…