Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside
Amazon CEO Andy Jassy on Wednesday said an “uncertain” economy pushed the e-commerce giant to move forward with rare and wide-ranging layoffs after having gone...
Early voting surges in Georgia as Walker and Warnock make their final pitches to swing voters
The compressed timeframe of Georgia’s Senate runoff has juiced single-day turnout across the state as the race between Democratic Sen. Raphael Warnock and Republican Herschel...
China entering ‘new stage and mission’ for Covid-19 controls, says official, following protests
China’s most senior official in charge of its Covid response told health officials Wednesday that the country faced a “new stage and mission” in pandemic...
Georgia GOP chairman singled out by judge for central role in fake elector plot
A state judge singled out Georgia Republican Party chairman David Shafer, one of the fake electors for Donald Trump, for the unique role he played...
House committee receives Donald Trump’s federal tax returns from IRS
The House Ways and Means Committee now has six years of Donald Trump’s federal tax returns, ending a yearslong pursuit by Democrats to dig into...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has...
Don’t’ believe the hype — Bitcoin price rally to $17K reflects improving sentiment
Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish....
Tracking severe storms across the South: At least 2 killed in Alabama
The threat of possible tornadoes, strong winds and hail in parts of Alabama and Mississippi persisted early Wednesday as a line of storms that loomed...
Cryptocurrency Fraud in UK Rises by 32% to $270m
<p> In one year, the value of financial losses due to cryptocurrency fraud increased by 32%, according to data from the <a href=”https://www.financemagnates.com/tag/police/” target=”_blank”>UK Police</a>...
Tipping Scale for Crypto Adoption: Usability vs. Accessibility
<p>One of the biggest problems associated with the <a href=”https://www.financemagnates.com/cryptocurrency/sec-starts-administrative-proceedings-against-american-cryptofed/”>crypto ecosystem is low adoption</a>. Despite quite a tremendous growth rate since its inception, just about...