Banking

Proof of work versus proof of stake: The 28-year-old founder of the platform powering El Salvador’s bitcoin payments tells us 3 reasons why the former is life-changing technology while the latter solves no ‘real-world problems’

Jack Mallers is the CEO of bitcoin payment platform Strike. Mallers told Insider why he thinks “proof of stake solves…

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‘The declines will be very substantial’: Investing legend Jeremy Grantham, who called the dot-com bust, warns that stocks are once again in a ‘real McCoy’ bubble — and says the market’s sell-off is only halfway done

Stocks dipped into a bear market on Friday, falling 20% from recent highs during the session. According to Jeremy Grantham,…

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Elon Musk is recruiting ‘hardcore streetfighters’ for a new Tesla ‘litigation department’

Elon Musk tweeted that Tesla seeks individuals to create a “hardcore litigation department.” An Insider investigation found a flight attendant…

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Trips that offer a ‘human connection’ will replace typical business travel as workers spread across the US — but graduates could be marginalized, experts say

Companies are dispersing their employees while cutting down on business travel. Younger workers, keenest to travel, are likely to miss…

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‘The pain isn’t over yet’. The investing chief of a $1 billion digital asset manager expects stocks to fall another 30% – and says the sell-off could cause bitcoin to plummet below $22,000

Stocks and cryptocurrencies have both plummeted this year as the Federal Reserve begins hiking interest rates. There’s more pain ahead…

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From burgers to breakfast cereal, some key ingredients are being hit by food export bans — industry experts tell us what might be next

Food prices are soaring from export bans and it’s affecting everything from burgers to cereal.  Commodities including wheat, sugar, and…

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A dinosaur skeleton that was only half-real sold at Christie’s for $12 million. Paleontologists say it’s part of a huge inflation problem driven by invisible, ultra-rich buyers.

An incomplete skeleton of the dinosaur deinonychus sold at Christie’s for $12.4 million. Two paleontologists said the sale represents an…

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I tried a vegan filet mignon. It’s delicious – but fancy plant-based protein is still too pricey for most.

Juicy Marbles is based in Slovenia, and my steaks were vacuum-packed and posted. It only sells online but hopes to…

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Luxury powerhouse LVMH doesn’t plan to stop selling fur anytime soon. Its owner’s son explains why.

French luxury powerhouse LVMH still sells fur despite pressure from activists. Board member Antoine Arnault explained why at FT Live’s…

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A Peek Into The Markets: US Stock Futures Signal Higher Start On Wall Street

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones dropped more than 200 points…

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