CoinspeakerCoinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees The exchange thinks that the current financial system in the US is expensive for an average American. Coinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees
Read More »10 Jobs People Are Most Likely to Quit in 2024, According to New Payscale Research
For several different reasons, people working these jobs are likely to quit in 2024 in search of better jobs, despite decent pay. A new report from Payscale has revealed the top jobs people are likely to quit in 2024. According to research, the employees currently handling these jobs are looking to quit within 6 months, based on research conducted from November last year to October 2023, involving employee data from nearly 800,000 workers in the US. Payscale’s data is interesting because...
Read More »59% of Americans Say Money Can Buy Happiness
Americans remained primarily positive regarding financial contentment despite the recent economic challenges, like rising costs and student loans. According to a recent study conducted by Empower, a US-based financial services company, many Americans believe that money can buy happiness, and the price tag for financial bliss is $1.2 million. Based on responses from 2,034 adults in the United States, the study revealed that a significant majority, 59%, affirm that wealth is intricately...
Read More »Changpeng Zhao Loses Another $12B of His Fortune amid Regulatory Scrutiny
Zhao’s woes and those that are related to his exchange have been largely a result of the ongoing lawsuits against them. Binance co-founder and CEO Changpeng Zhao continues to see his fortune slashed after he reportedly lost another $11.9 billion, according to the Bloomberg Billionaires Index. This brings his total fortune loss from the January 2022 peak of $97 billion to around $80 billion. Zhao Is Losing His Wealth, Here’s Why As of publication, Zhao’s crypto empire is now worth a measly...
Read More »Instacart Founder Apoorva Mehta Now Is Billionaire after Selling Stake Post-IPO
Mehta stepped down from his role as the company’s CEO last year and following Tuesday’s IPO, will cease to serve as Executive Chairman. Online grocery delivery startup Instacart’s founder Apoorva Mehta is now a billionaire after selling 700,000 shares of the company. Mehta, 37, co-founded Instacart in 2012 and went on to grow the business to a market value of $8.8 billion following an Initial Public Offering (IPO) on Tuesday. Mehta is now reportedly worth $1.1 billion. At its peak in March...
Read More »UK Housing Market Faces 34% Drop in Demand amidst Economic Pressures
CoinspeakerUK Housing Market Faces 34% Drop in Demand amidst Economic Pressures The recent decision by the Bank of England (BoE) to increase interest rates has further compounded the issue of declining home sales in the UK. UK Housing Market Faces 34% Drop in Demand amidst Economic Pressures
Read More »US Salary Expectations Reach New Heights, Raising Inflation Concerns
CoinspeakerUS Salary Expectations Reach New Heights, Raising Inflation Concerns As wage expectations surge to unprecedented heights, economists and policymakers keep a vigilant eye on the broader implications for inflation and monetary policy. US Salary Expectations Reach New Heights, Raising Inflation Concerns
Read More »Hawaii Is Most Expensive of US States According to Monthly Household Expenditure
CoinspeakerHawaii Is Most Expensive of US States According to Monthly Household Expenditure While Hawaii and California are the most expensive, doxo also found that West Virginia and Mississippi are the least costliest US states. Hawaii Is Most Expensive of US States According to Monthly Household Expenditure
Read More »Maye Musk Cancels Jiu Jitsu Fight between Her Son Tesla CEO and Meta Platforms Co-Founder Mark Zuckerberg
Earlier, Meta co-founder Mark Zuckerberg had agreed to a Jiu-Jitsu fight in a cage with Tesla CEO Elon Musk following social media pressure. In what was described to be the biggest Jiu-Jitsu fight of the century, Meta Platforms Inc (NASDAQ: META) co-founder Mark Zuckerberg and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk had agreed to lock each other in a physical contest. The fight was ostensibly triggered by Mario Nawfal, CEO of Web3 incubator platform IBC Group, after highlighting the...
Read More »Binance CEO CZ Is on Bloomberg’s ‘New Finance Rich List’
While Bloomberg says the Binance head is worth $28.2 billion, Forbes says Zhao’s net worth as of April 27 is $10.5 billion. According to Bloomberg, Binance CEO Changpeng Zhao, also called CZ, is one of the “25 financial titans” that amassed their wealth through the business of lending, trading, or investing money. The report explains that computer-driven trading companies are the backers of the new generation of ultrarich, to which the Binance chief belongs. Binance CEO CZ Makes New...
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