Ledger tightens belts, laying off 12% of staff
Ledger, a French-based company that makes hardware wallets for crypto investors, will lay off 12% of its employees to conserve resources amid a prolonged industry downturn. “Macroeconomic headwinds are limiting…
The 5% bond market means the pain will be felt by everyone
The world’s largest bond markets are under pressure from a powerful selloff: bond yields hitting post-crisis highs worldwide. Not so long ago, families, businesses and governments actually lived in a…
Saudi Arabia extends oil production cut
Saudi Arabia has decided to continue implementing a measure to voluntarily cut oil production by 1 million barrels per day until the end of 2023. Prior to that, the voluntary…