Visa is starting to feel as left out as those of us who didn’t get invited to a Friendsgiving in the fast-changing world of payments. Amazon announced this week that starting next year, it will no longer accept Visa-branded credit cards from UK consumers. This follows Amazon’s retaliation in Australia and Singapore, where it imposed … Read more

There were many of distractions this week, from Crypto.com Arena to Adele’s new album, from the more sobering news that Covid-19 is rearing its spiky head once again, prompting lockdowns, moving markets, and increasing the urgency around the launch of booster shots. Here’s a quick rundown of what’s new. Unleash the booster shots: The CDC … Read more

On a night when the world witnessed the longest partial lunar eclipse in 581 years, the House of Representatives moved closer to making its own history by passing the Build Back Better (BBB) measure. This $1.75 trillion proposal, backed by Democrats but opposed by Republicans, invests in everything from education to healthcare to combating climate … Read more

The best way to describe what’s happening right now is that Supply chains have taken a laxative. That is, the supply chain bottlenecks that have troubled the global economy for more than a year are slowly but steadily easing—or at the very least being avoided. This week, the country’s leading retailers said in unity that supply chain … Read more

The agreement to create an international carbon trading system was one of a slew of announcements made at the United Nations Climate Change Conference in Glasgow, which concluded Saturday. This global carbon market, also known as Article 6, was established six years ago as part of the Paris climate agreement. Nevertheless, officials in Glasgow completed … Read more

While Elon Musk considers selling his Tesla stock, another electric vehicle startup is pleading with you to purchase its. Rivian is going public today, with a valuation of $77 billion and a goal of generating over $10 billion. The IPO is expected to be the seventh-largest on a US stock exchange in history, and the … Read more

Some of the world’s most recognisable corporations are recognising that, if only their business units had their own bedrooms, they’d get a better night’s sleep and be more productive the next day. Let’s start with Johnson & Johnson, which has been in business for 135 years and is the world’s largest manufacturer of health products … Read more

Disney shares fell by 7 percent yesterday after the firm disclosed an abrupt decrease in the number of new members to its streaming service Disney+ on Wednesday. Following the addition of twelve, nine, and twenty one million subscribers in the previous three quarters, analysts predicted that the Dory avatar profiles would continue to pour in for … Read more

Inflation claimed it only needed a place to rest while it regained its footing, but it has now officially relocated to the area. Consumer prices soared higher than predicted this month, rising 6.2 percent on an annual basis, marking the largest increase in over 3 decades, according to data released yesterday by the Labor Department. … Read more

On Sunday, a tragedy occurred at a music festival and now more than a dozen lawsuits have been filed against event organiser Live Nation Entertainment and musician Travis Scott. Over 300 people were treated for injuries, with 13 of them still hospitalised as of yesterday. Eight persons between the ages of 14 and 27 perished, while over … Read more