market

4Apr

By THEIRL1ADMIN01No Comments

IN OTHER NEWS

A Night Market Creating Opportunity for Black Communities

It’s Friday night, and the Nashville Farmers’ Market is bustling. It’s not the usual vendors, though—gone are the baskets of tomatoes and piles of squash. Instead, folks are selling a wide range of products, including cocktails-to-go, beauty products, apparel, and more. Food trucks line the edges of the market, and a saxophone player sets a soundtrack of smooth hip-hop and jazz. On the first Friday of each month, the market’s physical space transforms into the Nashville Black Market—a marketplace composed entirely of Black-owned businesses. Carlos Partee’s tall frame rises above the milling customers. Partee is one of the co-founders of the Market and the owner of Cashville Etc., a clothing brand that sells apparel highlighting Nashville’s forgotten history. Together with Javvon Jones, wh...

Flooding The Market – How Well Do Prayer Apps Work?

4Apr

By THEIRL1ADMIN01No Comments

TECHNOLOGY

Flooding The Market – How Well Do Prayer Apps Work?

Dorian Llywelyn, USC Dornsife College of Letters, Arts and Sciences Hallow, a Catholic prayer and meditation app that claims over a million downloads, has raised over US$52 million in investments. Prayer apps are not new. Silicon Valley startups popularized mindfulness and meditation apps as early as 2010, although many have criticized those apps for being spiritually shallow. Hallow’s young founders – devout lay Catholic millennials – are among those who felt that mindfulness apps did not meet their religious needs and set out to create their own. Hallow’s accessible language introduces different methods of prayer, along with inspiring talks, guides to spiritual practices and notifications to encourage users to set goals and stay on track. As a priest, I know that helping people devel...

Black Women Continue To Face High Unemployment As Labor Market Sees Modest Gains

5May

By THEIRL1ADMIN01No Comments

SOCIAL JUSTICE

Black Women Continue To Face High Unemployment As Labor Market Sees Modest Gains

The unemployment rate for Black women in February was 8.9 percent, and for Latinas it was 8.5 percent. For White women, it was 5.2 percent. Chabeli Carrazana Originally published by The 19th While the labor market made modest gains in February, Black women continue to be left behind. They were the only group of women who saw their unemployment rate rise significantly in February — up to 8.9 percent from 8.5 percent in January — and the only group of women that lost workers in the labor force. Some 11,000 Black women left the workforce last month, while other groups added thousands of workers, according to new data released by the Bureau of Labor Statistics on Friday. Overall, the economy added 379,000 jobs last month — a slight bump in what has been months of stalled growth. Since S...

Will Trump shut down the stock market? 4 questions answered

16Mar

By THEIRL1ADMIN01No Comments

COVID-19, IN OTHER NEWS

Will Trump shut down the stock market? 4 questions answered

Financial markets across the globe have plunged repeatedly in recent weeks over concerns about the growing economic toll from the coronavirus pandemic, on some days falling over 10%. This has raised the question of whether governments should shut down their stock markets until the panic subsides. We asked Jonathan T. Fluharty-Jaidee, a finance expert at West Virginia University, what measures financial exchanges have to stem panic selling and whether he believes a shutdown would be a good idea. 1. What measures prevent a free fall in prices? Most financial markets around the world have so-called circuit breakers that are triggered when overall prices drop by a certain magnitude. For example, if the price of the Standard & Poor’s 500 index falls 7% from its previous close, trading of a...

18Sep

By THEIRL1ADMIN01No Comments

IN OTHER NEWS

The beef with beef: Fake meat market growing rapidly

Research firm Jefferies says alternative meat could account for 9 percent of the global meat market by 2040. The alternative meat market is poised to rise to $240 billion over the next two decades as new technologies gain ground and consumers change their diets, according to Jefferies. The great "protein shake-up" could see faux meat reach 9% share of the estimated $2.7 trillion global meat market by 2040, analyst Simon Powell forecasts, from less than 1% now. The size of the plant-based meat market has been one of the biggest debates in the food industry recently, with estimates ranging from between $10 billion and $40 billion to as high as $140 billion. Plant-based meats, like the one produced by Beyond Meat Inc., are currently leading the cate...

4Apr

By THEIRL1ADMIN01No Comments

Journalism

WeWork considers slashing IPO valuation for stock market debut

Outlook for the shared workspace company is cooling, after disappointing offerings this year from Lyft and Uber. WeWork's initial public offering won't be quite the celebration the office-rental unicorn once foresaw. The New York-based startup is considering seeking a valuation of about $20 billion to $30 billion in the IPO, people with knowledge of the matter said. The range could end up closer to $20 billion, said one of the people, which would be less than half the valuation it secured from its biggest backer just a few months ago. The outlook for the public debut of WeWork, which has racked up billions of dollars in losses in recent years as the company funds grand ambitions, is cooling after the disappointments of other major IPOs this year ...

4Apr

By THEIRL1ADMIN01No Comments

BUSINESS

Burning retail market lights up Canada’s cannabis vape race

Canada's major tobacco companies are aiming high in the cannabis e-cigarette market. Ontario will triple its pot-store count beginning in October, just two months before the introduction of new product formats that are expected to significantly boost sales in Canada's most-populous province. While chatter about the next wave of legalization in Canada tends to focus on products like edibles and beverages, many of the biggest players entering the space say consumers will opt for the more conventional format of vapes. The Canadian market for vapes could be as big as C$600 million ($451 million) by 2021, according to Tim Pellerin, Pax Labs Inc.'s general manager of Canada. San Francisco-based Pax, which split from e-cigarette company Juul Labs Inc. ...

2May

By THEIRL1ADMIN01No Comments

LAW ENFORCEMENT

Wall Street Market Exit Scam: What We Know So Far

Speculation surfaced earlier last week that Wall Street Market has pulled off an exit scam, capitalizing on the influx of new users after its competitor, Dream, announced its closure last month. While WSM’s homepage displays a maintenance notice, users suspect the admins have swiped $30 million in escrow-held funds. This story is developing. Here’s what we know so far: The unpredictability in darknet markets continues to manifest itself—the latest incident is an alleged exit scam by Wall Street Market, running into $30 million or more. The event comes a month after the announcement that one of the dark web’s longest-serving marketplaces, Dream Market, will shut down on April 30, a move that also came as a surprise to the darknet community. From experience, darknet markets are w...