The Federal Reserve uses contractionary monetary policy to curb inflation that accompanies an overheating economy

A contractionary monetary policy aims to slow down an economy that’s rising too fast, threatening a runaway jump in prices. georgeclerk/Getty Images Contractionary monetary policy is a strategy used by a nation’s central bank during booming growth periods to slow down the economy and control rising inflation.The Federal Reserve uses three main contractionary monetary tools:…

One of COVID-19’s original symptoms, loss of smell, could be making a comeback as some patients are reporting it again

Loss of smell was a hallmark of COVID-19 in 2020. Georges Gobet/AFP/Getty Images Health professionals in the US have said more patients with COVID-19 are reporting a loss of smell. Loss of smell was a hallmark feature of the original virus, but it’s less common with more recent variants. More data is needed to confirm…

PlayStation Stars loyalty program launched by Sony

Sony has announced a surprise new initiative called PlayStation Stars, a free-to-join reward scheme for gamers that it says will launch later this year. Best upcoming PS5 games: PlayStation titles to anticipate The membership scheme will let players collect rewards by taking part in campaigns and events, playing regularly and earning trophies. These rewards might…

PlayStation Stars loyalty programme announced

Sony has announced PlayStation Stars, a new customer loyalty programme which will launch later this year. Access is open to all PlayStation owners, with additional benefits for PlayStation Plus subscribers. If you’re familiar with the Xbox’s Microsoft Rewards scheme – well, this is a rough equivalent, with a couple of intriguing differences. Read more /format/jpg/quality/80/Untitled-1_B2duD01.jpg”…

Killer Instinct 2013 dev’s “brawler royale” Rumbleverse gets August release date

Rumbleverse – the free-to-play “brawler royale” from developer Iron Galaxy Studios – has, following a bit of a delay, been given a new release date, and is launching for PlayStation, Xbox, and PC (via the Epic Games Store) on 18th August. Iron Galaxy Studios, which is perhaps best known as the developer behind the 2013…

Tony Hawk announces “the biggest skate park in the metaverse”

Regrettably, Tony Hawk has announced a partnership with blockchain/metaverse/virtual world game The Sandbox. This will add skating-based areas, and pixelly versions of Tony Hawk you can buy as NFTs. Confused? Here’s a visualisation of how it’ll look: “What’s up guys it’s Tony Hawk, and we are building the biggest skate park in the metaverse,” the…