Kenneth Wilcox

According to recent reports and economic forecasts, Japan’s economy is expected to experience a contraction of 1.5% annually during the first quarter of 2024, following a marginal growth rate of 0.4% during the final quarter of 2023. This downturn can be attributed to a general slump in major drivers of economic growth, including private…

Despite facing inflationary pressures that have squeezed diners at popular restaurants such as Applebee’s and IHOP, Dine Brands has successfully navigated the money-conscious consumer in today’s economy through the implementation of irresistible promotions. As the CEO of Dine Brands, John Peyton revealed during an interview that Applebee’s $1 margaritas and boneless wings have become…

Here’s a possible rewrite of the article based on the latest information provided: US stocks experienced a dip in mid-morning trading on Friday as consumer sentiment plunged to a six-month low due to rising short-term inflation expectations and concerns about employment. The Dow Jones Industrial Average (^DJI) still managed to increase by approximately 0.2%,…

The upcoming decision by President Joe Biden’s administration regarding China tariffs is expected to involve the imposition of new, elevated tariffs on key strategic sectors such as electric vehicles (EVs), batteries, and solar cells, while existing tariffs will be largely maintained. This move, anticipated as early as next week, is part of Biden’s economic…

The latest bankruptcy plan for FTX has revealed that the bankrupt crypto exchange has recovered more than enough funds to cover the losses suffered by its customers following the collapse in November 2022. Customers will receive $1.18 for each dollar’s worth of crypto assets they held on the exchange at the time of its…

In summary, DESK is CoinDesk’s social token, designed to build a community around the CoinDesk brand and reward engaged users. It runs on Polygon, a sidechain to Ethereum, and can be earned by engaging with CoinDesk events and content, or received as a tip from other users. The token cannot be sold, traded, or…

In recent developments, Chinese technology companies such as Meituan, Alibaba, Tencent, and Shein have been expanding their operations in Saudi Arabia as part of their global expansion strategies. This move is significant as Meituan becomes the first Chinese company to choose the Middle East as its site for international expansion outside of China. With…

In a recent development, the cryptocurrency advocacy group Stand With Crypto has established a Political Action Committee (PAC) to collect funds from its 440,000 members for pro-crypto politicians. This move aligns with the deep-pocketed efforts of the crypto industry to elect candidates supportive of cryptocurrency and blockchain. The PAC, known as Stand With Crypto’s…

In order to navigate the rapidly evolving world of digital assets beyond bitcoin, investors are facing challenges such as liquidity, wallet management, and ongoing portfolio maintenance through market cycles. However, the emergence of crypto indices and funds is providing tools and vehicles to expose investors to a broader cryptocurrency offering. Diversification, evaluating market trends,…

The integration of buy now, pay later (BNPL) loans into credit reporting systems is set to revolutionize the way consumers manage their finances. Until recently, this type of financing, which allows shoppers to spread out payments over several instalments, was not being reported to credit bureaus such as Equifax, Experian and TransUnion. However, this…