People participate in a “March on Billionaires” event on July 17, 2020 in New York City. Spencer Platt/Getty Images A new report finds that the CEO-to-worker pay ratio is at its highest level recorded since 1965. The Economic Policy Institute calculated that the top 350 CEOs make 399 times more than workers. It’s yet another…
Monthly Archives: October 2022
Bill Gross. Jim Young/Reuters Bill Gross cautioned the Fed and other central banks from raising interest rates much higher. The “Bond King” warned further tightening could cause a credit crunch with global fallout. Gross rang the alarm on the amount of US debt, and economic headwinds in other countries. Bill Gross has warned the Federal…
Rep. Dan Crenshaw, Republican of Texas, is one of many conservatives who want to see the ESG investing boom reined in. Drew Angerer/Getty Images A group of vocal conservative lawmakers are criticizing aspects of ESG investing. Insider has pinpointed key players, like Kentucky Rep. Andy Barr and Louisiana’s treasurer. The attacks come as investors and…
A person walks into a new cookie shop next to a “Help Wanted” sign on January 12, 2022 in New York City. Alexi Rosenfeld/Getty Images US stocks tumbled on Friday after a strong September jobs report bolstered the Fed’s hawkish stance.The US economy added 263,000 jobs in September and the unemployment rate fell to 3.5%.The…
Britons are worried about high energy bills as temperatures drop in the country. Sjoerd van der Wal / Contributor / Getty Britons are worried about high energy bills as temperatures drop in the country. Three residents told the Guardian they were doing whatever they could to avoid heating their homes. One woman said she was…
As the need for cleaner, more sustainable transport becomes ever more urgent, I’ve noticed a familiar pattern in conversations on the topic. Someone will point out that bikes are a lot more efficient and environmentally friendly, reduce congestion and are often faster than cars in cities. Others respond saying that bikes can’t possibly replace cars…
Acer has unveiled a new lightweight laptop that targets on-the-go professionals in a world where more and more people are choosing to work from home or away from the office. The Swift Edge is a 16-inch OLED laptop with a magnesium-aluminum chassis that’s only 0.51-inch thin and only weighs 2.58 pounds. That’s lighter than the…
Cinewhoop drones are all the rage right now, as they can dive and twist and speed through unreachable places to produce spectacular footage. DJI has jumped on that trend with the Avata, an FPV drone that’s far removed from the company’s speedy DJI model actually called the FPV. Instead, the Avata is more about agility…
Core members of the Disco Elysium team were “fired under false premises”, Martin Luiga has claimed in a new interview. Luiga, one of the co-founders of the studio ZA/UM, originally stated the three leads had left “involuntarily”. Designer Robert Kurvitz, one of the developers affected, later confirmed that he, along with writer Helen Hindpere and…
The classic board game Catan is on its way to consoles in 2023. This isn’t the first time it’s been adapted into a video game, but this new version is set for release across Xbox and PlayStation consoles. It’s coming courtesy of Asmodee Entertainment and Dovetail Games, the former being responsible for a number of…