#fragility

Author: Lily Hay Newman / Source: WIRED On Friday, Visa’s payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online

Markets remain more fragile than today’s volatility levels suggest according to BofAML's global equity derivatives group. This fragility has been driven by: Central bank dominance: Markets’ overdependence on central bank policy suppresses risk and reduces the breadth of factors driving asset

Image by: agnesliinnea By Ronnie Toofan Last year, I made a new friend named Diego. He was a foreigner who came here for asylum. I imagined how hard it must have been for him to start over and live in a place with a totally different culture. Diego owns a small eatery in my area. […]