Monthly Archives: October 2022

Visa dives deeper into crypto as FTX-linked debit card expands outside US

As traditional financial institutions continue to mingle with the cryptocurrency world, Visa is the latest to expand its offerings in the space, this time working alongside crypto exchange FTX for a “long-term global partnership.” The agreement between the two companies consists of offering FTX-branded Visa debit cards to FTX customers globally with a focus on…

Elon Musk said Tesla will deliver its first ‘super fun to drive’ semi trucks to Pepsi in December this year

The Semi Truck was originally slated to hit the road in 2019. Tesla Tesla has begun production of its all-electric Semi, Elon Musk said. Musk said on Twitter that PepsiCo will receive its first deliveries on December 1. Semi production has been postponed several times since the truck was unveiled by Tesla in 2017. Tesla…

The Fed’s jumbo rate hikes are spreading cracks through markets – so get ready for a pivot, Guggenheim’s Scott Minerd says

The Federal Reserve will cause markets to crack if it keeps raising interest rates so aggressively, Guggenheim Partners chief investment officer Scott Minerd told CNBC Thursday. Milken Institute The Federal Reserve could be forced to pivot away from rate hikes soon, Scott Minerd said. It will plunge markets into a crisis if it keeps tightening,…

Lidl, Hugo Boss, and other European retailers switch off illuminated logos, keep doors closed, and cut heating as the energy crisis takes its toll

Stores across Europe have adopted energy-saving measures ahead of winter. Sean Gallup/Sebastian Gollnow/picture alliance via Getty Images Stores in Europe are adopting energy-saving measures as Russia continues to cut off gas supplies. Lidl, Hugo Boss, Aldi, and other retailers told Insider what they’ve done in stores to save power. Switching off illuminated logos for 18…