Monday, June 5, 2023

Tech layoffs, compounded by rising interest rates and inflation, lead to high unemployment levels and falling wages in California, Oregon, and Washington (Wall Street Journal)

Wall Street Journal:
Tech layoffs, compounded by rising interest rates and inflation, lead to high unemployment levels and falling wages in California, Oregon, and Washington  —  California, Oregon and Washington have some of the nation's highest jobless rates  —  The West Coast tech downturn is sending …



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...