What are stablecoins and how do they work?

FT banking and fintech reporter Siddharth Venkataramakrishnan looks at how the digital assets are used, why they are growing in popularity - and why they are in regulators' sights.

 

Maximizing Checkout Conversion: Why Payments Choice at Checkout Must Offer Lease to Own

Merchants are dialed into the reality that more payments options at checkout increases the odds they’ll make a sale. New data shows that one of those options now must include a lease to own option, particularly for merchants selling expensive durable goods. With 57 percent of the US population — and 39 percent of those making more than $100k a year — now living paycheck to paycheck, many need the flexibility that this payment option offers, while giving merchants a new way to convert customers who might never consider them an option for making such a purchase. Tune into this conversation with PYMNTS CEO Karen Webster and expert guests to learn more.

Why it's harder to earn more than your parents - The Economist

In the 21st century it's got harder to earn more than your parents and to climb the social ladder. What's gone wrong, and what can be done to change this?

 

IMF warns El Salvador against using Bitcoin

The IMF is once again pushing back against El Salvador's decision to use Bitcoin as Legal Tender, warning that because of the volatility of the cryptocurrency the risks are too high. We break down what this means. And the United States continues to grapple with the dueling crises of inflation and supply chain shortages, because of this President Biden has reiterated the need for the autonomy of the Federal Reserve. We'll discuss the details. Plus, it's a new era for Germany as the nation is set to inaugurate a new chancellor for the first time is nearly two decades. We bring you the latest from on the ground in Berlin. 

 

Dimon Jokes JPMorgan Likely to Outlast China's Communist Party

JPMorgan Chase & Co. CEO Jamie Dimon cracked a joke about China during a panel discussion in Boston, but will China see the funny side? Bloomberg's Patrick Winters reports on "Bloomberg Daybreak: Middle East."

Are investment groups killing US newspapers?

Today about half of America’s newspapers are controlled by private equity, hedge funds and other investment groups. But as the FT’s James Fontanella-Khan explains, one name stands above the rest: Alden Global Capital. The Alden recipe is to get rid of the newsroom, sell the real estate, and viciously cut costs. Critics say it’s destroying local newspapers, but Alden says it’s saving them. 

 

A Look into the Future - Year 2050

The world is advancing at unprecedented rates and by 2050, we can expect to see life on earth change drastically. If this is true, then what can we expect from the future? Lets time travel into world in 2050.

Nanotechnology  

Scientists have already made great leaps in the world of nanotechnology and they remain unrelenting in making more of such progress. Nanotechnology has the potential to change everything, from the way we behave to how we interact with each other. 

Transportation  

By 2050, Transportation would have changed immensely. We’re already seeing self-driving cars in their early phases of trial and error, so in three decades, it's safe to say we should have the technology for true self-driving vehicles. 

Space Exploration 

One promise that many people are still waiting on is one of space-exploration. Companies like SpaceX and Blue Origin are making strides towards their respective goals of spatial exploration and colonization out of this world. 

Artificial Intelligence 

AI is already much more advanced than it was ten years ago, and it will only continue to witness rapid and exponential developments. Experts like John Maeda believe that AI will have surpassed the processing power of all living brains on Earth in the near future. To properly function in that kind of society, it will be necessary to work together with these new systems to make sure that the preservation of important human values is carried forward. 

Education 

Education is another industry that will see a drastic change in the next thirty years. According to experts, at least 90 percent of the student population will be pursuing online degrees by 2050. Unless the world devolves into an apocalypse, education will continue to be more globalized, and more solutions will come that allow more people to receive good education efficiently.