All eyes on Chairman Powell as the Fed delivers its latest rate decision. Tom Keene, Jonathan Ferro, Lisa Abramowicz & Michael McKee discuss the market implications with some of the biggest names from Wall Street.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Cyberpunk 2077 was one of the highest selling games of all time. It’s developer, CD Projekt Red, was seen as one of Poland’s most important companies. But inside the company, leadership pushed developers to get the game out for launch, hid the truth about how bad the game was, and ultimately had it returned by millions of people.
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Naira banknotes in Lagos.
Emele Onu
Nigerians accumulating cryptocurrencies to shield assets against a weakening naira have contributed to a slump in the fiat currency to a record low in the unauthorized market.
The naira weakened to 670 per dollar on Wednesday said Abubakar Mohammed, an operator of a bureau de change that tracks the data in Lagos, the nation’s commercial hub. This compares with 424.34 naira at the official spot market as of 9.22 a.m. local time, 58% cheaper than the rate in the black market, where the greenback is freely traded.
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