As inflation continues its upwards hike, savvy consumers can respond to the increased interest rates by shopping for a better savings account option. Protected from the variability and risk of investing in the stock market itself, there are four great accounts that can provide a safe alternative for savings without allowing it to sit idly losing value due to inflation.Continue Reading
The Russian economy has taken a massive hit as sanctions bite. The effects – both ongoing and soon-to-be – will create chaos within the previously strong-standing society. The country, now being cut off by neighbors and pressured into inescapable stalemates, has introduced new policies detrimental to the Russian people and business. Read on to learn more about the effects of sanctions and to review excerpts of an exclusive BRB interview with a Russian business owner. Continue Reading
How do neobanks stack up to their bigger, older brother: traditional banks. Our Investing Columnist has made this week’s post about the relatively new neobanking industry and whether they are a good investment relative to traditional banks. Continue Reading
In the earlier days of the Internet, tech companies relied on free content to attract users. As the volume of digital content surged, however, quality did not necessarily keep up. It was a struggle to weed through low-quality content, and the time-poor, money-rich in China were willing to pay someone else to do the curating. This was when Ximalaya invited users to become hosts themselves and began to leverage their reputation to charge a fee for their content. With high accessibility, a growing awareness of intellectual property among Chinese netizens, and the convenience of mobile payments Ximalaya got the Chinese to pay for digital content. Ximalaya now has over 5 million hosts who curate and advertise their content, driving sales for the company as a result.Continue Reading