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Business

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5 lessons the crypto industry needs to learn from the FTX disaster

5 lessons the crypto industry needs to learn from the FTX disaster

The FTX implosion has resulted in billions of dollars in losses for investors and consumers, but it also has important long-term implications: Loss of public confidence in the crypto industry. In response, business owners and others must ask how this happened and what we can do to prevent it from happening again. We must commit to targeting unscrupulous or irresponsible…
Should You Renovate Your Home Before Selling?

Should You Renovate Your Home Before Selling?

Which home renovations are worthwhile depends on your goal for the project and your budget. If you plan to maximize the value of your home with a view to reselling it later, consider investing in low-cost projects with a high return. On the other hand, if your goal is to create a space that adapts to your unique lifestyle, you…
A document signed by Charles Darwin could sell at auction for a record $1.2 million

A document signed by Charles Darwin could sell at auction for a record $1.2 million

A manuscript with a rare autograph by famous naturalist Charles Darwin could sell for more than $1 million after bidding began at an auction in New York on Friday. The document was written in response to Hermann Kindt, the editor of the Autograph mirror— a sort of celebrity magazine of its time — who had requested a sample of Darwin’s…
Americans are being forced to work an extra 6 hours a month to afford rising rents

Americans are being forced to work an extra 6 hours a month to afford rising rents

The rent was “too damn high” 12 years ago and has only skyrocketed since. It has risen so much that renters in the US now have to work six hours more than before the pandemic to afford the average monthly rent, according to Zillow. U.S. rents have risen about 36% over the past five years and now average $2,040 a…
What is your time horizon and why is it important?

What is your time horizon and why is it important?

A time horizon is a way of assessing your risk tolerance or ability to take risks as an investor. At its core, a time horizon provides the answer to a crucial question: When do you need this money? Example time horizon An investment goal that almost everyone shares is a comfortable retirement. The normal retirement age is 67, but let’s…
Adidas is launching an investigation into Yes’s alleged inappropriate behavior at Yeezy

Adidas is launching an investigation into Yes’s alleged inappropriate behavior at Yeezy

Adidas has opened an investigation into allegations that it ignored inappropriate behavior by Ye when he ran Yeezy and made shoes for the German sporting goods giant. The examination is carried out according to a Rolling Stone report detailed incidents of inappropriate and often sexualized treatment of employees by the rapper and fashion designer formerly known as Kanye West. The…
“Metaverse” could be word of the year, Johnnie Walker launches an NFT, and Mattel creates an NFT marketplace

“Metaverse” could be word of the year, Johnnie Walker launches an NFT, and Mattel creates an NFT marketplace

Welcome to This Week in the Metaverse, where wealth summarizes the most interesting news from the world of NFTs, culture and virtual worlds. E-mail [email protected] with tips. Despite the short work week in the US due to Thanksgiving, there was no shortage of news. Argentina national soccer team’s crypto token fell off a cliff, Rockstar Games gave NFTs a thumbs-down,…
Elon Musk announces his latest Twitter verification plan

Elon Musk announces his latest Twitter verification plan

In the dark depths of a Twitter reply chain, Elon Musk has revealed more details and even a new timeline for his overhauled verification system for the platform. After previously teasing that the blue ticks for verified accounts could change color, Musk confirmed on Friday that organizations would be receiving gold checks shortly and that government officials would have gray…
This CEO says working with multiple “healers” is critical to her success

This CEO says working with multiple “healers” is critical to her success

Today’s CEOs face myriad challenges: a global pandemic and a sea-change in how and where employees choose to show up for work, to name a few. The pressure has never been greater for leaders. How do you mitigate it? In our new series, we ask business leaders about their daily wellness habits to gain insight into the tactics they use…
China plans to build a nuclear base on the moon by 2028

China plans to build a nuclear base on the moon by 2028

China plans to have its first base on the moon by 2028 before landing astronauts there in subsequent years, as the country ramps up its challenge to NASA’s dominance in space exploration. The lunar base is likely to be nuclear powered, Caixin reported. Its basic configuration will consist of a lander, hopper, orbiter and rover, all of which would be…
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