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Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast
20.8.2023
A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder of investment firm Grantham Mayo Van Otterloo (GMO), deems it inescapable. Grantham contends that the Federal Reserve’s optimistic prognosis...
Popular Online Game Accused Of Profiting Off Of Child Gambling
18.8.2023
Roblox has long been accused of not doing enough to make sure its massively popular gaming platform is free of toxicity and exploitation. Now parents are joining together in a class-action lawsuit to take the $17 billion company to court over allegations that it gets children into online gambling...
JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience
5.8.2023
JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024....
QI Research’s DiMartino Booth Foresees ‘Full Damage’ Yet to Unfold in US Banking Sector
31.7.2023
Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the banking industry. The strategist articulated...
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
27.3.2023
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate”...
Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations
28.2.2023
Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating...
Sims 4 Devs Are Sorry For Not Highlighting More Black Creators At Showcase
25.10.2022
After EA unveiled the next installment of The Sims during last week’s Sims Summit, Black content creators were not happy about the lack of inclusion. Critics noted that out of twenty or so people shown, only one was a Black streamer.Read more
Content creators introducing a new paradigm with NFTs
11.4.2022
Artists and content creators are expanding the creator economy past the $100 billion mark by taking control of their brands through NFTs
How NFTs create a 'beautiful cycle' between artists and fans
23.3.2022
Panelists at an Australia Blockchain Week discussion talked about the favorable way the NFT industry has grown through close interactions between artists and fans
Uncovering The Real History Of The Women Who Pioneered Video Games
21.9.2021
It’s a fact: The women who helped shape the video game industry often go unacknowledged, hidden from history by popular narratives and male-centric scholarship. Mary Kenney, a narrative writer and game designer at Insomniac Games, aims to shed light on some of those overlooked pioneers...
Nobody Wants A Driver TV Show, Ubisoft
14.9.2021
Ubisoft plans to revive the Driver franchise, the company announced today...with a live-action streaming series. Those sounds you just heard were millions of excited fans collectively scooting forward in their seats and then immediately slumping back in disappointment.Read more
Dev Hides Floppy Disk Game Across City To Find Perfect Accomplice
26.8.2021
Trying to find another human being to spend a lot of time with is one of the great universal struggles. Whether it be a romantic partner, a roommate, or a new hire, finding the right person can feel impossible. This is why dating apps and roommate apps and hiring apps have proliferated our lives...
Activision Blizzard’s Latest Investor Call Was An Especially Ghoulish Affair
4.8.2021
Every few months big game companies hold investor calls in which one set of rich people reassures another set of rich people that they are both still rich and will, over the coming months, likely get even richer. Sometimes one of the rich people hints at a new game that’s in development. Other...
Happy Indie-Penance Day!
5.7.2021
Shhhhhh, all the grown ups are distracted. Kotaku’s proper employees are all off doing whatever it is Americans do on Independence Day, and in a woefully ironic act, have allowed a Brit to take over the site. So aside from leaving crates of tea everywhere and graffitiing “Long Live King George...
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
17.4.2021
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as...
Where to even begin with the ongoing Cinnamon Toast Crunch Shrimp Tail Saga of 2021?
24.3.2021
You always find love where you least expect it. The same goes for shrimp tails. At least, that’s the case for Jensen Karp, a TV writer who took to Twitter this week to complain that he found shrimp tails, as well as what appeared to be rat droppings and dental floss, in his box of Cinnamon Toast...
The Gamers Of The Year, 2020
30.12.2020
As many year-end articles will remind you—not that you needed reminding—2020's been rough. That made it harder than usual to pick specific people for our annual list of influential game-players. Anyone who brought a smile to a friend, a loved one, or even a stranger this year by playing a game...
From Corrupt to Broken: An Insider’s Analysis of the Fed, Feat. Danielle Dimartino Booth
30.4.2020
An advisor to the Fed through the Great Financial Crisis to 2015 examines the latest in the largest monetary policy experiment in human history