The city-state has shown its approval for blockchain technology and has embarked on various projects such as Project Ubin and Project Guardian.Story Published at: November 03, 2022 at 07:26AM
Singapore wants to be a hub for blockchain in finance, just not speculative crypto trading, MAS says
Coinbase reports plunge in revenue and swings to a loss as investors exit crypto
Coinbase has struggled this year as cryptocurrency prices have plunged and investors have rotated out of the riskiest assets. Story Published at: November 03, 2022 at 08:25PM
October job growth could be slowest in nearly 2 years, but unemployment remains extremely low
This year’s hot pace of job creation may have slowed in October, but unemployment is expected to remain very low as worker shortages persist.Story Published at: November 03, 2022 at 07:36PM
Stripe lays off 14% of workers
Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday.Story Published at: November 03, 2022 at 03:50PM
Amazon pauses hiring for corporate workforce
Amazon is pausing hiring for roles in its corporate workforce, the company announced in a memo to staff Thursday. Story Published at: November 03, 2022 at 04:52PM
Inflation to dampen holiday spending, retail trade group forecasts
The National Retail Federation said it expects holiday sales to rise between 6% and 8% from last year — a decline when factoring in the effect of inflation.Story Published at: November 03, 2022 at 06:05PM
Jeff Bezos sued by former housekeeper over working conditions, discrimination by other staff
Mercedes Wedaa, who was hired as a housekeeper in 2019, claimed she faced racial discrimination, and worked long hours without adequate meal or rest breaks.Story Published at: November 03, 2022 at 06:40PM
British pound slides after Bank of England recession warning
The British pound on Thursday sank against the U.S. dollar after the U.K.’s central bank said it expected a recession to last for all of 2023 and the first half of 2024.Story Published at: November 03, 2022 at 02:13PM
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank’s latest monetary policy decision.Story Published at: November 03, 2022 at 12:15PM
Former Pakistan PM Imran Khan reportedly shot and wounded
Pakistan’s former PM Imran Khan on Thursday was reportedly shot and wounded at a protest march.Story Published at: November 03, 2022 at 12:26PM
