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Nalezeno "US Housing": 106

What is the global financial crisis and its impact on the global economy

5.2.2023
The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks

Bahamas Corrections Commissioner Says FTX Co-Founder Bankman-Fried Is in ‘Good Spirits’ in the Prison Sick Bay

16.12.2022
According to local reports, former FTX CEO Sam Bankman-Fried (SBF) is in “good spirits” and is being kept in the maximum security unit in the sick bay. SBF is held in custody at the Bahamas Department of Correctional Services (BDOCS), a jail called Fox Hill that is known for being filthy, and...

Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market

25.9.2022
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply...

Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Airdrops BTC to Class Participants

11.9.2022
Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey, recently airdropped bitcoin to members of the Bitcoin Academy in Brooklyn. Jay-Z’s mother, Gloria Carter explained in a statement that a myriad of residents from Brooklyn’s Bedford-Stuyvesant participated,...

China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk

26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...

Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report

Bobby Kotick Is Staying On Activision Blizzard's Board, Ew

22.6.2022
Just yesterday, Activision Blizzard shareholders voted to approve a report looking into the company’s anti-harassment efforts. While the company itself is “carefully considering” that, stockholders also gave the green light to the Board of Directors nominees, which included shitty CEO Bobby Kotick....

Activision Stockholders Vote To Release Annual Harassment Reports, Company Will 'Consider' It

21.6.2022
Today, Activision Blizzard shareholders voted to approve a proposed annual report that would document the company’s ongoing efforts to stop workplace abuse and harassment as well as catalog the company’s total number of sexual harassment settlements and pending complaints. Read more

Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down

20.6.2022
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years...

Activision Blizzard Clears Itself Of Any Wrongdoing

16.6.2022
Nearly year after an explosive lawsuit by the California Department of Fair Employment and Housing kicked off a firestorm of sexual harassment and discrimination allegations at Activision Blizzard, a Board of Directors working group investigating the company has released its findings. Led by...

‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn

9.6.2022
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that...

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis

8.6.2022
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto...

Activision Blizzard Devs Demand Breastfeeding Protections And Other Reforms

25.5.2022
10 months after a California lawsuit alleged widespread sexual harassment and discrimination at Call of Duty publisher Activision Blizzard, employees at the company don’t feel like it’s made the necessary changes and have created a worker committee to demand further reforms. Chief among them...

Activision Blizzard's New Diversity Game Tool Comes Across Terribly

14.5.2022
Today Activision Blizzard fulfilled its daily oopsie quota by blogging about how the publisher’s subsidiaries have apparently been using a special tool to help develop more “diverse” characters. It apparently thinks it can accomplish this without, I don’t know, actually talking to or hiring...

Nintendo Still Silent On Workplace Allegations Despite Acknowledging Them Internally

12.5.2022
It’s been nearly a month since a former employee filed a National Labor Relations Board complaint against Nintendo alleging surveillance, coercion, and retaliation. Outside of an initial statement denying the company engaged in union-busting, the house of Mario has remained publicly silent in...

Activision Has The Population Of A Small Town Working On Call Of Duty Games

6.5.2022
The Call of Duty machine can never stop. It must endlessly push forward, through lawsuits, controversies, and layoffs. To stop would mean…well, we don’t know, because it never has. And to help keep the machine going, Activision now has over 3,000 human souls working tirelessly on the publisher’s...

Now New York City Is Suing Activision Blizzard

4.5.2022
Activision Blizzard is facing (what feels like) its 8,583,129th lawsuit, as first reported by Axios. This one’s from New York City, and alleges that longtime CEO Bobby Kotick raced to find a buyer for the mega-publisher he has been leading for 30 years to explicitly avoid consequences for turning...