Galaxy Digital floats blockchain fund as bet on cryptocurrency’s booming DeFi movement

As the nascent concept of decentralized finance (DeFi) gains traction in cryptocurrency trading — and draws more regulatory scrutiny — new players are creating products to meet rising demand.  Enter Galaxy Digital (GLXY.TO), which this week rolled out a DeFi Index Fund, their newest blockchain-based financial asset. The passive instrument tracks the performance of Bloomberg’s Galaxy DeFi Index, and is part of an estimated $80 billion industry that’s poised for explosive growth in the… Source link

Read More »

Amazon should forget about building department stores and just buy Kohl’s: analyst

If Amazon (AMZN) truly wants to get into the department store business, it may have an easier option to consider than trying to build out large locations across various parts of the country.  In fact, the option would be pretty turnkey, fancies one long-time retail strategist. “Amazon should be out there buying Kohl’s. They’ll get their 1,000 stores in one felt swoop, and they can put anything they want into them. The stores on average are 25,000 square feet bigger than they need to be,”… Source link

Read More »

This week in Bidenomics: Downfall

It’s been the worst week of Joe Biden’s presidency, so far. Biden’s withdrawal of U.S. troops from Afghanistan led to the stunning collapse of the U.S.-backed Afghan government and the return of the medieval Taliban to power. Biden seems as surprised as everybody else by an outcome his advisers plainly failed to foresee. A foreign policy debacle may now threaten Biden’s domestic agenda, as it has other presidents before him. The Afghanistan chaos sent Biden’s approval rating down to… Source link

Read More »

Yahoo U: What is tapering?

Yahoo Finance’s Brian Cheung breaks down tapering in this week’s Yahoo U. Video Transcript JARED BLIKRE: Welcome back to Yahoo Finance Live. I’m Jared Blikre. Well, if you’re wondering what a taper is, then you’re just like me. And fortunately, we have Yahoo Finance’s Brian Cheung here to break it all down for this week’s edition of Yahoo U. Brian. BRIAN CHEUNG: I was going to say, Jared, you know what a taper is. Come on, man. But class is in session. And at one point, the nation’s central… Source link

Read More »

More Food Robots Enroll at College

College students can expect to see more delivery robots on campus this semester. Online food delivery platform Grubhub and Yandex Self-Driving Group (SDG), an autonomous vehicle developer inside Yandex, one of Europe’s largest internet companies, will roll out delivery via Yandex’s robots at its first college campus — Ohio State University (OSU). This follows the recent news that Kiwibot, a robotic last-mile delivery company, and its foodservice and facilities management partner,… Source link

Read More »

Google shuts down unified health division as chief leaves company

Google is reportedly dismantling its health technology initiative and splitting its projects across other teams as the chief of the division departs the company. Dr. David Feinberg is reportedly leaving Google to join electronic medical records firm Cerner as its CEO and president. According to Business Insider, the various projects and teams that make up Google Health are being split across other parts of Google. In a memo sent to Google employees on Thursday, Google research whiff Jeff… Source link

Read More »

‘We’re really still too much in the dark,’ Yale professor says

Though vaccination rates are improving and booster shots will soon be available in the U.S., there is still much to be learned about how the coronavirus is evolving. “We have a higher level of uncertainty now than we’ve had since the spring of last year,” Dr. Howard Forman, professor at the Yale School of Public Health, said on Yahoo Finance Live (video above). “Because there are so many moving parts, we don’t know whether the vaccines are causing waning immunity or rather whether… Source link

Read More »

3 Best Online Advertising Channels for Small Business

By Tom Mortimer After a strenuous year and a half, many small businesses have been eager to restart their businesses in the wake of the pandemic. In a recent poll, 58% of small business owners said they were looking to increase the frequency of their marketing message in Q2 of 2021, while nearly half said things were already better for them now compared to a year ago. What’s also interesting is that 70% of small business owners said they’re looking to add more types of media into their… Source link

Read More »