ECONOMY AND FINANCE

Bud Light crippled its sales with one simple trick!

Beer industry expert Harry Schuhmacher, the publisher of Beer Business Daily, expressed surprise at the lack of recovery in Bud Light sales following a controversial promotion tied to transgender influencer…

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We are not done with interest rate hikes, according to Federal Reserve

According to Federal Reserve Chair Jerome Powell, given the high level of U.S. inflation, which exceeds the Federal Reserve’s target of 2%, and the tight labor market, a majority of…

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BlackRock publicity trick: They drop the term “ESG” but they keep imposing the same investment standards

During the Aspen Ideas Festival on Sunday, June 25th, Larry Fink, the CEO of BlackRock and a prominent figure in advocating for environmental, social, and corporate governance (ESG) standards in…

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HSBC London relocation: Teleworking + rising rents = more rational but less prestigious HQ

HSBC’s decision to abandon its 45-story tower in Canary Wharf in favor of a smaller development in central London is a prominent example of the ongoing trend of downsizing offices,…

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China and New Zealand relations: butter IS a gun after all

New Zealand’s Foreign Minister Nanaia Mahuta stated that she had a strong and intense discussion with her Chinese counterpart, indicating a potentially tense relationship between the two countries. Australian sources…

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Musk plans big investment in India

Great meeting you today @elonmusk! We had multifaceted conversations on issues ranging from energy to spirituality. https://t.co/r0mzwNbTyN pic.twitter.com/IVwOy5SlMV— Narendra Modi (@narendramodi) June 21, 2023 Two powerful countries, Tesla and India,…

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Japanese bank warns about BlackRock’s rolling down to crypto market

Last week, the world’s biggest asset manager, BlackRock, made headlines and caused significant disruption in the cryptocurrency market as it expanded its involvement in digital currencies such as Bitcoin and…

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Bank of America: Regulators have a hard time catching up with developments in crypto market

Regulatory failure or necessary preventive measures, just like what’s going to happen with the AI market? Bank of America (BAC) stated in a recent research report that while the rally in…

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Binance and SEC reach agreement, investors’s assets are safe (for now)

Binance, in collaboration with the US Securities and Exchange Commission (SEC), has reached an agreement to prevent a complete freeze of the platform’s assets in the United States and ensure…

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Why do some people prosper while others fail?

https://www.realclearwire.com/articles/2023/06/16/why_do_some_people_prosper_while_others_fail_941146.html Why is economic output per person seven times higher on one side of the US-Mexico border than on the other? Why is the average Canadian twelve times richer than…

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