Tag: Inflation

Inflation Weighs on Company Performance, Leads to Securities Suit | The D&O Diary

A host of macroeconomic factors continue to weigh on the U.S. economy, including rising interest rates, economic inflation, and supply chain and labor supply disruption. Geopolitical factors such as the War in Ukraine and now the Gaza war in Israel further complicate the picture. These various factors have serious ramifications for the operations of many businesses and for their financial…

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Coinbase Calls for Efforts to Create Inflation-Proof Stablecoins – Bloomberg

US crypto exchange Coinbase Global Inc. encouraged developers working on its new blockchain to focus on how to create stablecoins that track the rate of inflation to preserve purchasing power. Coinbase said in a March 24 blog post that it’s particularly interested in these so-called “flatcoins,” adding that exploring the potential of stablecoins is “more important than ever” given the…

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Inflation Hits Organic Food Company’s Quarterly Results, Draws Securities Suit | The D&O Diary

At the beginning of the year, when I surveyed the D&O claims landscape and predicted the factors that I thought might drive D&O claims volume in 2023, one set of factors I projected might make significant contributions to the number of claims to be filed during the year were the number of macroeconomic challenges – for example, rising interest rates,…

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Opinion | Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation? – The New York Times

So another crypto myth bites the dust. And it’s hard to avoid wondering what myths are left. Recently the legendary short-seller Jim Chanos gave Bloomberg a wide-ranging interview in which, speaking of cryptocurrency, he pointed out that “a lot of the concepts behind its adoption early on have proven to basically be, you know, not there or wanting. You know,…

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