Shopify tells employees to just say no to meetings

Cancelling all recurring meetings, encouraging staffers to decline invitations and detach from big internal chat groups Author of the article: Bloomberg News Matthew Boyle Published Jan 03, 2023  •  3 minute read Join the conversation Shopify’s former headquarters in Ottawa. Photo by James Park/Bloomberg Shopify Inc. spent last year cutting costs. Now, it’s cutting meetings. Advertisement 2… Continue reading Shopify tells employees to just say no to meetings

The 5 work benefits employees want the most, beyond higher pay

The list goes above free lunch, commuting stipends and other sweeteners that dominated this year’s return-to-office push Author of the article: Bloomberg News Jo Constantz Published Jan 03, 2023  •  Last updated 2 days ago  •  4 minute read Join the conversation Pedestrians walk along Wall Street near the New York Stock Exchange. Photo by Michael Nagle/Bloomberg Despite… Continue reading The 5 work benefits employees want the most, beyond higher pay

Job cuts from Amazon and Salesforce are the first step in staging a turnaround for tech that will see the sector jump 20% in 2023, Wedbush says

Recent job cuts from Amazon and Salesforce represent the first necessary step in staging a turnaround for tech stocks, according to Wedbush.”Investors want these management teams to get ahead of the storm and preserve margins and the bottom-line,” Wedbush said.Wedbush expects the tech sector to deliver a 20% gain in 2023 despite economic uncertainty. Loading… Continue reading Job cuts from Amazon and Salesforce are the first step in staging a turnaround for tech that will see the sector jump 20% in 2023, Wedbush says

The Fed wants a recession and is desperate to convince markets it’s serious about bringing inflation down, Bank of America chief economist says

The Fed wants a recession to convince markets it’s serious about bringing inflation down, BofA’s chief economist Ethan Harris said. “They told us they want a weak economy. I think that’s a very friendly way of saying you want a recession,” Harris warned. He predicted the central bank would raise rates another 75-basis-points, and won’t… Continue reading The Fed wants a recession and is desperate to convince markets it’s serious about bringing inflation down, Bank of America chief economist says

Silvergate slashes 40% of staff in the wake of a run on the crypto bank that forced it to sell assets at a loss to cover $8.1 billion in withdrawals

Silvergate cut 40% of its staff as the crypto-focused bank reels from FTX’s implosion.  Crypto-related deposits fell 68% in the fourth quarter of 2022, according to the firm. Silvergate shares plunged more than 40% on Thursday. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on… Continue reading Silvergate slashes 40% of staff in the wake of a run on the crypto bank that forced it to sell assets at a loss to cover $8.1 billion in withdrawals

The SEC files an objection to Binance.US’s $1 billion bid to buy Voyager Digital’s assets, as the regulator scrutinizes deal for the bankrupt crypto lender

The SEC wants more information about the $1 billion purchase of busted crypto lender Voyager Digital’s assets by Binance.US.  The SEC filed a limited objection to the bankruptcy court overseeing the potential takeover of the assets by Binance.US.  The regulator questioned the exchange’s ability to “consummate a transaction of this magnitude”. Loading Something is loading.… Continue reading The SEC files an objection to Binance.US’s $1 billion bid to buy Voyager Digital’s assets, as the regulator scrutinizes deal for the bankrupt crypto lender

Celsius customers lose control of the $4.2 billion they deposited in accounts at the bankrupt crypto lender

Celsius customers don’t own the $4.2 billion they deposited with the crypto lender, a court ruled.  Their digital funds held in interest-bearing accounts are the bankrupt firm’s property, it found. Wednesday’s ruling lets Celsius sell $18 million in stablecoins to fund a longer stay in Chapter 11. Loading Something is loading. Thanks for signing up!… Continue reading Celsius customers lose control of the $4.2 billion they deposited in accounts at the bankrupt crypto lender

New to Canada? Here’s where to find the financial literacy resources to thrive

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Financial education services The government of Canada offers access to many organizations that can help you with Canadian Financial… Continue reading New to Canada? Here’s where to find the financial literacy resources to thrive