Mccauley Whyte

211 articles

Bitcoin hits unusual all-time excessive above $62,000 ahead of Coinbase debut

The Coinbase cryptocurrency exchange application seen on the screen of an iPhone.Getty ImagesBitcoin surged to a fresh record high of more than $62,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase.The price of bitcoin climbed more than 4% in the last 24 hours to hit $62,718, according to data…

Market braces for key inflation file that could per chance well take a look at the Fed’s mettle

Shoppers wearing protective masks push shopping carts inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021.David Paul Morris | Bloomberg | Getty ImagesThe pace of consumer inflation is likely to have returned to prepandemic levels in March, and it is expected to heat up even more in the next couple of…

NYSE launches ‘First Commerce’ NFTs of Spotify, Snowflake and extra

People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City.Spencer Platt | Getty ImagesThe New York Stock Exchange announced Monday it would launch "First Trade" NFTs, to memorialize the true first trade of…

Violent riots have broken out in Northern Ireland — that’s the reason

A man walks past a hijacked bus burning on The Shankill Road as protests continue in Belfast, Northern Ireland, April 7, 2021.Jason Cairnduff | ReutersLONDON — Tensions have erupted in Northern Ireland once again, as U.K. and Irish leaders attempt to preserve a long-standing peace deal in the region.Violence has plagued the streets of Belfast…

Animated avenue ahead for U.S. companies attempting to cleave reliance on Taiwan chipmakers

Taiwanese chipmakers are ahead of their international rivals and it will be tough for U.S. tech companies to reduce their reliance on Taiwan, said Sebastian Hou from CLSA.Tech firms like Apple, Amazon, Google as well as Qualcomm, NVIDIA and AMD rely heavily on Taiwanese contract manufacturers to produce up to 90% of their chips, according…

Gen Z goes to have a difficult time getting prosperous

Gen Z will earn a third less on stock and bond investments than past generations, Credit Suisse found. They can expect average annualized returns of just 2%, according to the bank's investment returns yearbook. Another obstacle for Gen Z: they've been the most unemployed during the pandemic. See more stories on Insider's business page. Gen…

Rich owners are losing practically $40,000 on luxurious stoves that is never going to intention for months. Or no longer it’s a symptom of...

Wealthy homeowners are dropping nearly $40,000 on luxury stoves that have a three-month wait time. It's a symptom of a broader appliance shortage that began last spring.  The shortage is due to surging demand, pandemic-related supply chain issues, and a chip shortage. See more stories on Insider's business page. Many wealthy homeowners have spent the…

Amazon drivers speak the paranoia of working below the watchful eyes of unique truck cameras that display screen them constantly and hearth off ‘rage-inducing’...

Amazon drivers now have multiple cameras constantly filming them as part of the Driveri system. Drivers told Insider they're worried about privacy, with cameras monitoring every yawn. They fear they'll fail to keep up with Amazon's breakneck pace because of the new surveillance system. See more stories on Insider's business page. Many Amazon drivers say…

Stay on op - Ge the daily news in your inbox