Billionaire Bill Ackman says crypto ‘is here to stay’ in the wake of the FTX collapse, as the one-time skeptic outlines some of his investments

Bill Ackman YouTube / Saïd Business School, University of Oxford Billionaire investor Bill Ackman said “crypto is here to stay,” in a Tweet thread published Sunday.  Calling himself an initial crypto skeptic, Ackman said he is a small investor in a “hobbyist” capacity.   He outlines his crypto observations following the dramatic collapse of crypto exchange…

From digital wallet accounts to shares in project ownership, the metaverse will reimagine money as we know it

Getty Images In Asia, brands have an opportunity to drive value by creating new experiences for customers in the metaverse. Three factors will intersect to make this happen: Improved hardware, technology, and collaboration. Sophisticated financial technology will then be key in bringing this all to life. By Sandeep Malhotra, Executive Vice President, Products & Innovation,…

Elon Musks says the issue of child sexual exploitation content on Twitter is ‘Priority #1’

Elon Musk says issue of child sexual exploitation content on Twitter is “Priority #1” Getty Images Elon Musk tweeted that the issue of child sexual exploitation content is “priority #1” for Twitter.  Musk was responding to a tweet that said he was addressing the issue of CSE content on Twitter.  Twitter was in a major…

A timeline of Elon Musk’s and Grimes’ relationship, from making their debut at the Met Gala to co-parenting to kids together

Elon Musk and Grimes at the Met Gala in 2018. RW/MediaPunch/IPx Tesla and SpaceX CEO Elon Musk and the musician Grimes started dating in 2018. Since then, they’ve broken up and gotten back together a few times — now, they appear to just be co-parents. Here’s a timeline of their relationship, including a move to…

Nike’s ambitious environmental goals are being thwarted by sneakerheads and the Jordans, Air Force 1s, and Dunks they love

Leather sneakers are the most popular with shoppers at trendsetting places such as Flight Club in Los Angeles. Wesley Lapointe/Los Angeles Times via Getty Images Leather has one of the highest carbon and waste footprints of any sneaker material. Nike’s leather usage increased 35% last year because of the demand for iconic shoes such as…

Wharton professor Jeremy Siegel says the stock market will surge 20% in 2023 as the Fed acknowledges falling inflation

Wharton professor Jeremy Siegel. Getty Images Wharton professor Jeremy Siegel said the stock market is poised to surge 20% in 2023.Siegel’s outlook is driven by his expectation that the Fed will acknowledge that inflation is falling.“I think basically 90% of our inflation is gone,” he told CNBC in an interview on Monday. Wharton professor Jeremy…

The best interest-earning bank accounts today: Earn up to 3.85% APY on a money market account

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The average interest rate paid by a savings account right now is…