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Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years
11.12.2021
The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation...
Nintendo Might Have To Make Pre-Order Refunds Easier After Losing Lawsuit
6.12.2021
Last week, following a lengthy appeal process, the Federation of German Consumer Organisations (VZBV) successfully argued that Nintendo’s current eShop pre-order return policies are insufficiently flexible, and the console maker may now have to further loosen its heavily criticized digital...
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator
24.11.2021
The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working...
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
16.11.2021
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Nike's New League Of Legends Sneakers Are Fantastic
10.11.2021
Our up-and-down year of video games x sneaker releases continues, with the latest collaboration being between Nike and the League of Legends Pro League.Read more
Ethereum back in price discovery as ETH approaches $5K
8.11.2021
The world's second-largest cryptocurrency crossed the $4,700-mark days after JPMorgan Chase analysts recommended it over Bitcoin against rising rates
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Litecoin transactions near an all-time high after gaining ground in consumer finance
28.10.2021
It's become easier to use Litecoin for everyday payments thanks to several recent partnerships
Video Game Retail Giant Gamestop Seeks a Senior Engineer for Blockchain NFT Platform
27.10.2021
The American video game, consumer electronics, and gaming merchandise retailer, Gamestop, is seeking a non-fungible token (NFT)-focused senior software engineer, according to a new job listing. Similar to the recent job listing stemming from the social media services company Reddit, the retail...
Attn Bane: Razer’s High-Tech RGB Covid Mask Is Finally Out
21.10.2021
During this year’s all-digital CES in January, hardware maker Razer revealed Project Hazel, a futuristic filtration mask meant to keep gamers covid-free while looking like Mad Max extras. That conceptual project is now the Razer Zephyr, a real product you can buy for $100. And while it might...
Dreamr App Signups Grow 1600% Month-Over-Month Following DMR Governance Token Listing on Bittrex Global
15.10.2021
Dreamr Labs flagship product, the Dreamr app, continues to gain momentum in new user signups one month after the DMR token launch. Roadmap is being accelerated to meet consumer demand for dreamr technologies. Dreamr (Ticker: DMR) is the community-driven platform created for users to pursue their...
Zimbabwean Dollar Could Collapse, Business Lobby Warns
14.10.2021
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter...
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
Google to Help Digital Asset Platform Bakkt Introduce Crypto to Millions of Consumers
9.10.2021
Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” With the partnership, Bakkt says consumers will benefit from the “expanded reach and access” to cryptocurrencies. Google Collaborates With Bakkt...
Afghan Bitcoin Exchanges Go Undercover as Taliban Yet to Announce Its Crypto Policy
6.10.2021
mplement a new government, fears of censorship and restraints come back to life.During the first period of Taliban governance, which extended from 1996 to 2001, the Islamic movement forbade some forms of consumer technology — which, at the time, was largely limited to music, television, and f
a16z Lays out Regulatory Proposal as SEC Chief Focuses On Consumer Protection
6.10.2021
ruled out the possibility of enacting a China-style crypto crackdown in America. He was responding to questions in a hearing in Congress where a Republican lawmaker asked if “a China-like prohibi
PayPal releases new consumer app for crypto, savings and direct deposits
21.9.2021
The app offers customers the ability to manage all PayPal-related transactions from a single dashboard
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...