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The Sotheby's NFT lawsuit demonstrates how difficult it is to regulate art as an asset classLast week, a group of art investors announced they were suing Sotheby’s—one of the world’s largest art brokers—for allegedly colluding with a...
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Lab-grown diamonds may not be forever—but their rise is driving down pricesThere’s no better time than now to buy diamond jewelry, according to data by Paul Zimnisky, a leading global diamond industry analyst. The...
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The Fed has gone back to having a dual mandateEverything about the Federal Reserve’s actions in the past year and a half have suggested that monetary policy officials at the central bank...
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Not just Maui: Snapshots of global climate disasters that followed a record-hot JulyTemperatures recorded across the world over the past few months have made 2023 a year of record for global warming, with 21 of the 30 hottest...
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Snapchat's AI hallucination caused a privacy scareSnapchat’s My AI feature , launched on May 31, has left millions of its users anxious after it went rogue on Aug. 15. The bot, powered by...
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Hawaiian Electric's stock price plunged as questions about its role in Maui's wildfires multiplyHawaiian Electric Industries, the largest supplier of electricity in the US island state which supplies power to 95% of the residents, is...
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The Supreme Court once again gets to make a decision on abortion accessThe floor is set for the US Supreme Court to once again weigh in on abortion, this time specifically on access to mifepristone—one of two pills...
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Paramount changed its mind about selling its majority stake in BET Media GroupParamount Global changed its mind about selling its majority stake in BET Media Group, five months after putting on the “for sale” sign, the Wall...
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Coinbase won US regulatory approval to sell crypto futuresCoinbase, the largest cryptocurrency exchange in the US, has received regulatory approval to offer crypto futures trading to retail investors....
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Why is the Atlanta Fed projecting nearly 6% US GDP growth for the third quarter?The Federal Reserve Bank of Atlanta’s running estimate of US economic growth is on the rise. The regional Fed branch’s real-time model for...
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Wet bulb: It's the heat and the humidityIt is the humidity Read more...
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Target CEO Brian Cornell confirmed the company would modify next year's Pride Month promotionSales at Target fell for the first time in six years, according to an earnings report released on Wednesday (Aug. 16) , following calls to...
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A major Chinese trust firm missed payments, adding to Beijing’s financial concernsA trust linked to one of China’s wealth management giants has failed to make payouts on dozens of products in another sign of trouble in the...
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Intel called off the $5.4 billion Tower deal after failing to secure approval from Chinese regulatorsIntel has terminated its plans to acquire Israeli chip maker Tower Semiconductor after both companies failed to get timely regulatory approvals...
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Algeria banned Barbie even though 40,000 people already watched itMovie theaters in Algeria aired the Barbie movie for three weeks—until they suddenly didn’t. Algeria’s Ministry of Culture and Arts notified...
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The United Auto Workers union wants members to authorize a strike against Ford, GM, and StellantisThe United Auto Workers (UAW) union is preparing to up the ante in its contract negotiations with the “Big Three” automakers—Ford, GM, and...
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Let it bubble overHello, Quartz at Work readers! Read more...
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Companies can drop degree requirements, but they still don't know how to hire without themEmployers that are trying to expand their talent pools and hire inclusively amid a labor shortage are rethinking their job requirements. Since...
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3 ways CEOs can help HR leaders succeedBetween the onset of the pandemic, the rise of remote and hybrid work, social issues, and, most recently, economic uncertainties, it’s safe to...
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Apple has not quite made up its mind about the hang up buttonLast week, reports of Apple moving the iPhone’s prominent red “end call” button from the isolated center to the more unassuming right sent...
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A Vietnamese EV manufacturer is now worth more than legacy US carmakers Ford and GMVietnamese electric vehicle (EV) manufacturer VinFast saw its valuation surpass that of legacy US carmakers Ford and General Motors (GM) on its...
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Argentina is temporarily banning beef exports as it looks to stabilize the pesoArgentina announced it was freezing all beef exports for the rest of the month on Tuesday (August 15), less than a day after the government took...
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The more money you make, the less time off you takeAmericans are really, really resisting their vacation time. A new survey from the Pew Research Center finds that nearly half (46%) of US...
