Solana’s latest outage incites fresh centralization criticism
From Fortune: Solana, the popular blockchain, experienced a five-hour outage, raising questions about its reliability and decentralization. The native token,
Category: Finance
Moody’s downgrades bank’s credit rating to junk; shares tumble
From CNBC: Shares of New York Community Bank (NYCB) rose 8% after the bank promoted its chairman in an effort
Polestar CEO Thomas Ingenlath says Hertz EV purchase deal has been paused
From Fortune: Electric vehicle disruptor, Polestar, faces falling resale values. It confirms agreement with Hertz to suspend vehicle purchase deal
Falling inflation and a growing economy aren’t convincing worried voters
From Fortune: Many voters believe the US economy is in rough shape, casting doubt on Joe Biden’s hopes and highlighting
Darmouth brings back SATs, standardized tests, to help ‘less resourced families’
From Fortune: 1. Dartmouth College has reinstated its standardized testing policy for applicants, following a brief pause during the pandemic.
Tesla sold just one EV in South Korea last month due to China, charging concerns
From Fortune: Tesla Inc. had its worst month since July 2022 in South Korea, selling just one Model Y SUV
Clocktower’s chief strategist says Chinese stocks will likely rally 10%
From CNBC: Chinese stocks are expected to surge by 10% in the coming days due to the government’s support efforts.
FAFSA’s constantly delayed redesign threatens to tank college enrollment
From Fortune: The Department of Education’s rollout of the redesigned FAFSA form has been plagued by processing delays. College financial
IRS says it will collect $560 billion more in tax revenues thanks to Inflation Reduction Act
From Fortune: The IRS is set to collect hundreds of billions more in overdue taxes than previously thought, according to
Lawson faces privatization bid from KDDI
From CNBC: Shares of Japan’s third-largest convenience store chain, Lawson, surged 18% after receiving an offer from conglomerate Mitsubishi and
What Are Insurance Riders? | Money
From Time Magazine: Riders, also known as endorsements, are optional provisions that can be added to standard insurance policies. They
Jamie Dimon wants employees back at the office. That should become even easier with JPMorgan adding 500 branches over the next 3 years
From Fortune: JPMorgan Chase & Co. is launching a massive expansion of its retail banking business, adding 400 new branches
‘Hot Parents’ Give Their Kids an Earnings Premium: Study
From TIME.: A new study has found that having biologically attractive parents can contribute to estimated higher earnings. Economic research
Plastic-linked ‘hormone-disrupting chemicals’ were potentially behind 10% of US preterm births in 2018, according to new research. How families can steer clear of their danger
From Fortune Magazine: New research suggests that 10% of preterm births in the U.S. in 2018 were fueled by exposure
Southwest Credit Cards Offer Free Companion Pass as Bonus
From Time Magazine: Southwest Airlines is offering a great new benefit with their credit cards: a year-long pass that lets
UX/UI designers can land six-figure salaries. Here’s how you can too.
From Fortune: The demand for user experience (UX) designers is soaring, with an expected 16% growth in web development and
Cost to Microchip a Dog
From Money Magazine: 1. Microchipping is a simple process of inserting a small capsule under a dog’s skin with a
FAA Chief Mike Whitaker on Boeing: current system is not working because it is not delivering safe aircraft’
From Fortune: The new chief of the Federal Aviation Administration said that it’s reviewing Boeing’s manufacturing standards. FAA Administrator Michael
Super Bowl Commercials May Quietly Change the Way You Invest
From Money Magazine: – Super Bowl commercials are a prime example of advertisers using subversive strategies to attract investors. Social
Why is Jerome Powell being vague on rate cuts? He’s ‘petrified’ of repeating Paul Volcker’s shock, Steve Eisman says
From Fortune: Federal Reserve Chairman Jerome Powell has avoided announcing interest rate cuts in recent months despite a steady drop
Mom and dad are giving away $84 trillion in the ‘great wealth transfer.’ And they have some thoughts on how to spend it
From Fortune Magazine: The U.S. federal estate tax exemption now stands at $13.61 million due to the 2017 Tax Cuts
10 Best Savings Accounts of 2024
From Time Media: The best savings accounts for 2024 offer annual percentage yields of up to 5.32%, low minimum balance
The University of North Texas has more than 700 students in its master’s in data science program. Many will go on to land top tech jobs.
From Fortune Magazine: The University of North Texas is producing an army of data scientists near Dallas as it expands
How to reduce — or avoid — airline fees for checked bags
From CNBC: Checking a bag at the airport has gotten pricier, experts say. Major U.S. airlines began charging for checked
Immigration rebound made a ‘soft landing’ possible, says Nobel laureate
From Time Magazine: An economic mystery is unfolding in the U.S. as employers keep adding jobs despite record-high inflation steadily