soaring

BERLIN— Volkswagen AG VOW -1.56% has agreed to pay its employees in Germany a more than $3,000 bonus to help offset soaring inflation as part of a new deal with the country’s largest labor union to lift workers’ wages. The car maker said Wednesday that it had agreed to a collective bargaining agreement with Germany’s IG Metall union covering 125,000 employees in the country. The two-year wage contract will increase workers’ pay in two…

Football fans are one of the reasons why these 10 FIFA world cup cryptocurrencies are soaring Following the FTX exchange’s collapse on the 9th of November 2022, the crypto market experienced a crisis. Bitcoin (BTC) lost 25% of its value across three days, and the FTX token dropped by a staggering 90%. However, the crypto sphere didn’t just experience a financial crisis but a psychological one too. The loss of trust among many investors and the wider public has probably offset mass crypto adoption by years. The native…

Over the last five years, syphilis transmission has increased explosively all over the US. The spread of this infection, which starts as a rash but can progress to severe disease in adults, is particularly alarming because syphilis infections during pregnancy can lead to death or disability in newborns. Although syphilis trends are bad on a national scale, South Dakota’s numbers are particularly concerning. Since 2020, cases in the state have increased tenfold. Furthermore, infections are not evenly spread across the…

Lower earners are counting the cost of a growing wage gap. Credit: Andrey_Popov / Shutterstock The pay gap in UK business is eye-watering. Bosses of the largest UK companies earn around 100 times more than the lowest-paid employees in their organizations, according to some estimates. This year, chief executives from the top 100 UK companies saw their pay rise by nearly a quarter on average, research from PwC shows. This is at a…

Uniglo stunned the market in recent days by announcing that they will be burning the entirety of unsold tokens on launch. Investors are piling in to take advantage of presale prices before the price skyrockets. Uniglo has its foot on the gas when it comes to burning, unlike other high-profile projects whose teams appear to have neglected this crucial aspect of cryptocurrency. Uniglo.io Burn Proposal Passed Uniglo is a social-currency project with a democratic voting system that enables its users to make key…

FIFA 23 is setting records for EA Sports. Electronic Arts has announced that the game had a "record-breaking" launch, reaching 10.3 million players in the first week, which was good for the "biggest launch period" in the history of the professional football series.EA went on to say that FIFA 23 has been played in 200+ nations worldwide, with players collectively logging 1.7 billion games thus far. Virtual footballers have spent more than 15.7 billion minutes in the game so far, which works out to more…

After a multiyear surge in new-car prices, buyers are starting to see some relief on dealership lots. Inventory levels are gradually coming back, giving shoppers more options when browsing showrooms, and some discounting has crept back into the market, albeit in a limited fashion. The average price paid for a new vehicle hit a record of $46,173 in July and has been trending downward in recent months, according to data from research firm J.D. Power. In October, consumers paid an average of about $45,600 for a new car or…

Toyota Motor Corp is expected to report a small quarterly profit increase on Tuesday, with soaring costs of parts and materials nearly offsetting the benefits from the plunging Japanese yen and a rebound in production. The world’s biggest automaker by sales said last week its global production rebounded by 30% in the quarter that ended in September, but warned shortages of semiconductors and other components would continue to constrain output in coming months. A gradual improvement in the auto chip shortage situation…

Ever since Satoshi Nakamoto dropped Bitcoin’s White Paper, the world has been going crazy over which consensus mechanism is the best way to harness the full power of blockchain technology. Whether Proof-of-Work (PoW) is a more suitable alternative than Proof-of-Stake (PoS) raises many important issues, including network security, sustainability, and decentralization. In fact, since we don’t discriminate, it is safe to assume that both mechanisms have significant flaws and considerable benefits. Before…

Even leading cryptocurrencies such as Ethereum (ETH) and Ethereum Classic (ETC) could not avoid the market downturn that persisted into 2022. Because of this, investors who purchased Ethereum (ETH) and Ethereum Classic (ETC) at their all-time highs have seen a significant loss in value since the beginning of the year. When compared to Ethereum (ETH) and Ethereum Classic (ETC), new cryptocurrencies with distinct utility and excellent fundamentals, such as The Hideaways (HDWY), are expected to outperform them in 2023.…