Consumer borrowing was heavily restricted in 1940s to curb inflation – it's time we did it again
Aug 22, 2021 01:06 am UTC| Economy
There has been much talk about a potential inflation surge as countries lift pandemic restrictions and seek to resume normal economic activity. In recent months, US prices have risen more than 5% year-on-year. In the UK,...
How the gig economy could suffer from a labour shortage – but workers may be better off
Aug 22, 2021 01:06 am UTC| Economy
The long-term impact of COVID-19 on the economy will not be clear for some time. But in the UK, the easing of pandemic related restrictions has coincided with significant labour shortages and the driving up of wages....
Binance tightens background checks as global anti-money laundering regulatory pressure mounts
Aug 21, 2021 16:36 pm UTC| Digital Currency Economy
The worlds biggest cryptocurrency exchange Binance would begin demanding stricter background checks on customers to bolster efforts against money laundering in response to global pressure by regulators. Binance users...
McDonald's claims 99.6% of its paper packaging sourced from sustainable fiber
Aug 21, 2021 14:19 pm UTC| Nature Economy
McDonalds Corp claims that it has sourced 99.6 percent of its paper food packaging in restaurants from recycled or sustainable fiber in 2020, up from 92 percent in 2019. In its annual sustainability report, the global...
Sports apparel startup Fanatics scores big with MLB sports card deal and PSG's signing of Leo Messi
Aug 21, 2021 12:37 pm UTC| Sports Economy
Sports apparel startup Fanatics will become the new exclusive licensee for Major League Baseball (MLB) cards in 2025, while its LA store that focuses on Paris Saint-Germain apparel got a boost when the soccer team signed...
Amazon dismisses report of plans to open physical stores as 'rumors and speculation'
Aug 20, 2021 23:54 pm UTC| Economy Business
E-commerce giant Amazon dubbed reports of plans to open physical stores in the US that resemble the brick-and-mortar department store models as rumors and speculation. Amazon will supposedly open its first US stores in...
UWM hopes to become first US mortgage lender to accept crypto payments, gives nod to bitcoin
Aug 20, 2021 23:21 pm UTC| Digital Currency Economy
United Wholesale Mortgage (UWM) is hoping to become the first US mortgage company to accept cryptocurrency to satisfy mortgage payments The Michigan-based UWM hopes to start accepting bitcoin in Q3, and it is currently...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects