The International Monetary Fund (IMF) has always been averse to the growth of cryptocurrencies and similar digital assets. Recently, the IMF has cautioned Zimbabwe against implementing a gold-backed digital asset to stabilise its economy against the fluctuating US dollar. The financial body fears that this could disrupt the existing financial system in the country. Instead,
Consumer electronics retailer Best Buy has announced that it will revamp its membership program, TotalTech, due to decreased demand for electronics. The program will be renamed My Best Buy Memberships and will consist of three tiers. The new lower-priced option will offer exclusive discounts and access to popular products. Revenue Expectations and Cost Reduction Measures
The New York Jets will begin their 2021 season on Monday Night Football against the Buffalo Bills. The game will be played at MetLife Stadium and will mark the first Monday night appearance for coach Robert Saleh. The Jets last played a season opener at home in prime time on September 11, 2011, where they
The Bank of England (BOE) has defended its decision to upgrade the UK’s growth forecast, which it called its “biggest upgrade” ever. BOE Governor Andrew Bailey said the change reflected the rapidly shifting economic landscape. The bank had previously predicted the longest-ever recession in the country, but now believes that the UK will not enter
The Indian Government recently issued a notice to Meta’s messaging platform WhatsApp regarding a surge in international scam calls. In response, WhatsApp assured its users that it prioritizes their safety and privacy. The messaging platform offers features like ‘Block’ and ‘Report’ to prevent unwanted calls or messages. Additionally, WhatsApp claims to have improved its AI
Boston University’s upcoming graduation ceremony on May 21, 2023, has become a topic of controversy as the Writers Guild of America (WGA) has announced that its members will picket the event. The reason for the picket is the presence of Warner Bros. Discovery President & CEO David Zaslav, an alumnus of the school, who is
Goldman Sachs has predicted that “green capex” will be the leading driver of global infrastructure over the next ten years. Green capex refers to capital expenditures that are directed towards sustainability goals such as decarbonization, infrastructure, and clean water. The investment bank says that public and private sectors will see a boom in investment towards
Pentair, the pool equipment company, has received an upgrade from UBS, whose analysts believe the pool cycle is nearing its bottom. The firm has upgraded the shares from neutral to buy, and raised the price target to $72 per share from $53, which implies a 24.4% rally from the previous close. Analyst Damian Karas noted
During the 2023 MTV Movie & TV Awards, a preview clip of the highly anticipated live-action version of The Little Mermaid was showcased. The clip features Halle Bailey and Jonah Hauer-King in the iconic boat ride scene, where Ariel and Prince Eric attempt to break Ursula’s spell by sharing a kiss. The scene also includes
Drew Barrymore, the scheduled host for the 2023 MTV Movie & TV Awards, has withdrawn from the event in solidarity with the Writers Guild of America (WGA) strike. However, the opening segment, which was recorded before the strike, still aired during the telecast. Fans of the 1999 romantic comedy Never Been Kissed were delighted to