Finance
The Caribbean island of Anguilla may be small and hard to spot on a map, yet it has become one of the most surprising players in the digital economy. The reason is not its tourist resorts or exports, but the two-letter internet domain .ai, assigned to the island back in the 1990s. At the time, it was nothing more than a formal country code for t...
Manasi Mishra recently shared her disappointment on TikTok: after completing her computer science degree, she was invited to interview by only one company—the fast food chain Chipotle. Her story is not unique. Twenty-five-year-old Zach Taylor graduated with a degree in computer science from Oregon State University at a time when job offers in...
Nik Storonsky, co-founder and CEO of fintech giant Revolut, is bucking current trends in how he runs his company. At a time when tech companies are competing to offer employee benefits and emphasize work-life balance, Revolut is taking a different approach—an uncompromising focus on performance, numbers, and growth. Storonsky's management sty...
Trump is pushing the Fed to make money cheaper. But clams may make life more expensive for Americans
Donald Trump's trade policies, especially the imposition of tariffs, will weigh on US consumers in the long run, according to most members of the US Federal Reserve (Fed). These developments may affect the Fed's stance on interest rate changes. Their decisions will also affect foreign investors, including Czech ones, who have money in the US mar...
The American car company Tesla used to be a symbol of technological progress, innovation and stock market success. But since the beginning of this year, the situation is turning around - the market is starting to demand concrete results to justify the former high market value, driven mainly by investor optimism. As a result, the company's shares...
The President of the United States, Donald Trump, has released his first asset declaration of his current term in office. The document reveals, among other things, high income from his family's cryptocurrency activities, which amounts to tens of millions of dollars, and other property holdings. For example, according to Reuters, Trump received $...
After years of criticism for charging fees unknown in Western countries — and after a decade of scaling them back — Czech banks are now quietly reintroducing or increasing service fees. "Following years of reducing or canceling fees, banks are discreetly bringing some back. Even if many fees are small, clients increasingly notice new charges on...
In a world where innovation moves faster than the systems meant to protect it, Daniel Ruskin, a former engineer at Coinbase, is stepping forward with a bold vision: to radically transform how we file and manage patents. After four years working at one of the leading cryptocurrency platforms, Ruskin decided to take an unconventional path. He enr...
Solek Czech Services, a company specializing in the construction of solar power plants both in the Czech Republic and abroad, has been officially declared insolvent by the Municipal Court in Prague. However, the court also approved a reorganization plan, offering the company a chance to stabilize its operations and restructure its debt. Accordi...
