Month: May 2021

An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Shares of Stable Road Acquisition Corp. fell in trading on Monday after the firm disclosed in a securities filing that its merger target, in-space transportation company Momentus, no longer plans to conduct any missions for customers this year. “Momentus informed
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Though billionaire investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has previously expressed concern about the future of bitcoin, he has also noted that the cryptocurrency earned his respect. Now, he reveals, “I have some bitcoin,” Dalio told CoinDesk during its 2021 Consensus conference. The interview was recorded on May 6
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Birdies shoes sold out in late 2020, leaving the company unable to meet the year-end demand. Source: Bianca Gates As women across the country ditched their heels during the pandemic, shoe company Birdies thrived. The direct-to-consumer brand touts itself as a “stylish flat that’s secretly a slipper.” The result: 300% year-over-year growth in April 2021.
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Economic forecasts predicting the potential impact of climate change have grossly underestimated the reality and delayed global recovery efforts by decades, according to a leading professor. Mainstream economists “deliberately and completely” ignored scientific data and instead “made up their own numbers” to suit their market models, Steve Keen, a fellow at University College London’s Institute
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If policymakers wanted companies to pay a minimum level of tax regardless of where they earn profits around the world, what would be the best way to achieve that? One idea that has been proposed by the Biden administration and other governments has been a global minimum tax calculated for each country where a business
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Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a “wild west” mentality among investors. “I haven’t done that in print. I’ve been saying that,” the Yale University professor told CNBC’s “Trading Nation” on Friday.
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