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US Labor Dept warns of crypto risks in retirement plans
11.3.2022
“Significant risks” — Cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’
11.3.2022
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming...
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
10.3.2022
The Department warned that cryptocurrency investments present “significant risks and challenges to participants' retirement accounts.”
Where Was Kotaku Last Week?
9.3.2022
So that just happened.Read more
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
16.2.2022
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest...
Mods Accused of Bitcoin Mining, Viruses Removed From Steam
15.2.2022
Over the last few days, a series of mods for the PC strategy game Cities: Skylines have been removed from Steam after users began fearing that they contained all kinds of nasty stuff, from keyloggers to viruses to bitcoin mining software.Read more
The Four-Day Workweek Is Getting Popular Among Devs, And It Sure Sounds Nice
11.2.2022
Ah, Friday. The fifth day of the typical workweek. The end of said workweek, for many. But how nice would it be if [sentiment redacted by bosses]? Just ask folks from Blackbird Interactive, the developer behind Homeworld 3 and Hardspace: Shipbreaker and the latest studio to switch to a four-day...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
4.2.2022
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press....
Activision VP Posts Anti-Union Message In Company Slack
1.2.2022
Raven’s QA workers winning the right to unionize was a short-lived victory; in the days since returning from their strike Activision has announced plans to split everyone up, and then reveal a larger strategy that’s aimed at crushing this movement before it’s allowed to take hold.Read more
Crusader Kings III Is About To Officially Support Same-Sex Marriages
27.1.2022
The Crusader Kings series has long supported same-sex relationships in certain forms, but thanks to the way so much of the games have been built around historical ideas of marriage and succession, if players wanted gay characters to get hitched, they had to use mods.Read more
Call Of Duty Maker Reveals Plan To Squash Union Effort
26.1.2022
Quality assurance testers at Call of Duty: Warzone studio Raven Software gave management until today, January 25, to voluntarily recognize their newly formed union, Game Workers Alliance. Instead, embattled publisher Activision Blizzard announced tonight it would be forcing a vote with the National...
Raven's New 'Organizational Change' Conveniently Breaks Up Union Members
25.1.2022
It was only a few days ago that 34 quality assurance testers at Raven, one of the studios working exclusively on the Call Of Duty series, formed the first ever union among Activision Blizzard employees. Today, management has responded to their success with some changes.Read more
Call Of Duty QA Testers Form Activision Blizzard’s First Union
21.1.2022
Thirty-four quality assurance testers at Raven Software, the Activision Blizzard studio in charge of its massively popular battle royale, Call of Duty: Warzone, announced today that they are unionizing after weeks of striking over recently announced layoffs in their department. Calling themselves...
Raven QA Testers Form Activision Blizzard’s First Union
21.1.2022
Thirty four quality assurance testers at Raven Softwarew, the Activision Blizzard studio in charge of its massively popular battle royale, Call of Duty: Warzone, announced today they are unionizing after weeks of striking over recently announced layoffs in their department. Calling themselves...
Xbox Boss Shrugs Off Union Question As Activision Blizzard Employees Push For Better Working Conditions
20.1.2022
Upheaval at Activision Blizzard last year over workplace misconduct sparked an unprecedented level of labor organizing at the Call of Duty publisher. Those actions recently culminated in an ongoing strike and the distribution of union cards, while the misconduct reckoning that precipitated them...
Report: Bobby Kotick Meeting Leaves Activision Blizzard Staffers Unimpressed, Worried
20.1.2022
This morning, Bobby Kotick held an all-hands meeting with Activision Blizzard employees to address Microsoft’s acquisition of the company for $68.7 billion dollars. He stated that Microsoft would be trying to “retain as many of our people as possible,” and that he planned to stay on as the CEO...
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate
19.1.2022
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse”...
Franklin And Lamar Headline GTA Online Update, Red Dead Online Update Does Not Exist
13.1.2022
Grand Theft Auto Online’s latest update is out now, and while Rockstar’s official “Newswire” site hasn’t posted any specific details, I’ve already played the new mode, which stars GTA V characters Franklin and Lamar. And while the new update isn’t amazing or anything, the timing of it will most...
US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party
13.1.2022
One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael...