The news: UK-based neobank Revolut introduced a one-click checkout solution dubbed Revolut Pay and has already signed on Shopify and other companies, per Bloomberg. Read the original article on Business Insider Read More
Monthly Archives: September 2022
BI Dollar dominance means the Fed has an outsized impact on the global economy, Paul Krugman warned. Global trade and debt is still largely denominated in dollars, giving the Fed a far-reaching influence. But that likely won’t stop the Fed from hiking rates to control inflation, which could spell trouble for the global economy. The…
Getty Images California confirms it will not tax Biden’s $20,000 student-loan forgiveness plan. Other states, like Indiana and North Carolina, said the federal relief could be subject to state taxes. While the loan forgiveness is excluded from federal taxes, states have individual processes. Four million student-loan borrowers in California won’t have to worry about taxes…
Ukrainian artillery unit fires with a 2S7-Pion, a self-propelled gun, at a position near a frontline in Kharkiv region on August 26, 2022, amid the Russian invasion of Ukraine. Photo by IHOR THACHEV/AFP via Getty Images Ukraine has pushed a massive counteroffensive in the country’s northeast and southern regions. The advancement has forced Russian soldiers…
Renovation work taking place on high voltage lines in the French Alps mountain region. JEFF PACHOUD/AFP via Getty Images A French power distributor reportedly made two trading errors that could cost the company 60 million euros ($60 million). A unit of Electricite de Strasbourg sold large quantities of electricity on two separate days, the FT…
Photo by Spencer Platt/Getty Images Resiliency in the stock market suggests that the rally can continue, according to Bank of America.Depressed investor sentiment and bullish technical breadth bode well for stock market bulls.“[The] S&P 500 rallied after support at 3,900 bent but did not break,” Bank of America said. The S&P 500’s ability to rally…
The Ukrainian army liberated the town of Balakliya in the southeastern Kharkiv Oblast, Ukraine, on September 11, 2022. Metin Aktas/Anadolu Agency via Getty Images Ukraine launched a counterattack on a majority of Russian-occupied territory in Kharkiv. A Russian state-media host called for generals to be executed for allowing the retreat to happen. Usually optimistic, Russian…
The 2022 Kia EV6. Kia Chevrolet unveiled the Equinox EV, a small electric SUV that will start at $30,000 and go on sale next year. The cheapest electric cars you can buy in 2022 include the Ford F-150 Lightning, Chevy Bolt EV, and Kia EV6. The cheapest model starts at $27,400, before factoring in the…
A screenshot from the video. Ramiro Cardenas An online leaker says he found Meta’s unreleased VR headset in a room at the hotel where he works. He posted photos and a video of the device on Facebook and told The Verge its owner has reclaimed it. Mark Zuckerberg teased the headset to Joe Rogan in…
Ethereum cofounder Vitalik Buterin. Michael Ciaglo / Stringer via Getty Images Ethereum’s so-called merge is set for sometime around Thursday, according to the Ethereum Foundation. The switch from a proof-of-work to a proof-of-stake blockchain is meant to resolve high traffic and transaction fees via more energy efficiency. Experts told Insider what the event means and…