German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic

Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone countries, U.S. threats for import tariffs, and the fallout from the … Read more

The Future of the Gaming Economy

As data scientists enhance artificial intelligence (AI), gaming will see more advancements, as well. Eventually, games will be built from scratch, completely by AI, have characters that learn and grow like humans, and games will be used to help professionals advance in their real jobs. For example, OpenAI’s Universe Program let’s self-driving car developers train … Read more

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a … Read more

Various Stablecoins Make Inroads in the Shadow Side of Commerce

Stablecoins have become a staple in the world of crypto assets. Beyond being exchanges on trading platforms, however, their adoption has seemingly remained fairly limited. However, some smaller merchants see merit in these currencies pegged to the US Dollar. Stablecoins Fuel Off-the-books Trading Lanes Primarily importers and exporters of goods across Asia and Europe see … Read more

AI and the Future of Consumer Goods

Use of AI in department stores, apparel, footwear, food, grocery, and home improvement has increased by 600% in just 2 years. This AI is used mostly for the operations side of businesses, but the 26% that is used for customers can solve all kinds of issues that are facing customers, such as improving customer satisfaction, … Read more