The US banking system downgraded
The US banking system has been downgraded by Moody’s from stable to negative
Silicon Valley Bank, Signature Bank & Bitcoin news
Bitcoin surged above $22.5k in the last couple of hours. After Silicon Valley Bank, regulators also close Signature Bank.
Facebook to sell subscriptions
Facebook and Instagram users will now have the option of paying $11.99 per month for a “verified” account.
Project DAMA
Deutsche Bank Singapore and Memento Blockchain completed the proof-of-concept phase of Project DAMA, which helps manage digital funds invested in tokenized securities.
How much is modern workplace in danger because of A.I.?
Overall, the impact of A.I. on the workplace will likely be complex and multifaceted. It will inevitably lead to job losses, but it will also create new job opportunities.
GDP slightly up for the fourth quarter in Euro Area
Preliminary estimates for the fourth quarter of 2022 GDP in the Euro Area, is up by 0.1% and stable for the EU.
A recap of 2022 business trends
5 business trends that had an important role in 2022 in a worldwide scale.
Genesis lays off 30% of its staff
Crypto lender firm Genesis Global Trading Inc has announced via a spokesperson that it lays off 30% of its staff.
Markup (business)
Markup is the amount of value added to the cost of the product in order to sell it. In other words, it’s the difference between the selling price and the cost and it is often expressed as a percentage over the cost.
Gross Margin
The Gross Margin formula is perhaps the most important formula for anyone working on a commercial business. It is especially critical for all people involved in any kind of commercial role such as in sales, marketing, product management and even in financial disciplines (such as accounting, finance, etc).