Business

Famed prophet of financial doom, Nouriel Roubini, has unloaded himself on a “completely corrupt” cryptocurrency industry and one of its most influential figures, Binance exchange founder Changpeng “CZ” Zhao. Speaking at Abu Dhabi Finance Week on Wednesday, he urged the Emiratis to expel CZ before it was revealed that the crypto entrepreneur, much like the disgraced Sam Bankman-Fried, founder of…

In early November, Hays Culbreth’s mother sent out a survey to some family members. She said she could only afford to do two sides for her group of 15 this Thanksgiving and asked them to vote for their favorites. Culbreth suspects green beans and macaroni and cheese will make the cut, but his favorite — sweet potato casserole with a…

Global YouTube phenomenon MrBeast has become the world’s most followed YouTuber after surpassing 112 million subscribers on the video platform. Jimmy Donaldson, who goes by his YouTube username MrBeast, ousted Swedish rival PewDiePie, whose real name is Felix Kjellberg, as the most-subscribed YouTuber of all time. Kjellberg—who has been a source of controversy over the use of racism and anti-Semitism…

Americans have increased spending at retailers, restaurants and auto dealerships over the past month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates. The government said on Wednesday that retail sales rose 1.3% in October vs. September from a flat reading in September vs. August. The increase was led by…

Two weeks after the rousing induction of Duran Duran, Dolly Parton, Eminem and Lionel Richie and many others into the Rock & Roll Hall of Fame, the ceremony will air Saturday night at 8 p.m. on HBO. It’s also available to stream on HBO Max. If past shows are any indication, the 6 1/2 hours is roughly cut in half…

Elon Musk’s mom has heard all of your comments about her son, and she’s had just about enough. In a new BBC documentary, Maye Musk defended her son and urged his growing cast of critics to “stop being mean to him.” Musk said her son “gets a lot of hate” for his success at so many companies, including Tesla and…

Vandalism freed thousands of mink at a rural northwest Ohio farm and left an estimated 10,000 of the small carnivorous mammals missing Tuesday night, the local sheriff said. So many mink were killed crossing a nearby road that a plow was brought in to clean up the carcasses, said Van Wert County Sheriff Thomas Riggenbach. The property owner originally estimated…

Sam’s Club has taken its rivalry with Costco to the next level. The major retailer has slashed the price of a hot dog and drink in its food court from $1.50 to $1.38, undercutting Costco’s longstanding price to attract new customers. “New lower price. Same great hot dog and drink combo,” Sam’s Club said in an ad on its website.…

With the completion of the Ethereum merger, the focus has shifted to scaling the network through Layer 2 solutions such as zero-knowledge rollups. ZK rollups in particular are an important part the Ethereum roadmap, which is repeatedly mentioned by the likes of Vitalik Buterin and blockchain developers. They aggregate transactions and execute them off-chain to improve network speeds and lower…

A Trump presidency in 2024 could help battered stock markets, according to former White House communications director Anthony Scaramucci, but warned of his former boss’s tendency to shake political stability. Former US President Donald Trump announced Tuesday night from his Florida home that he would launch a third campaign for the White House. “I’m running because I believe the world…