The creator economy is not failing to spread the wealth

It's not true that only 1% of aspiring creators succeed.
Read more: https://simonowens.substack.com/p/the-creator-economy-is-not-failing?source=Snapzu

IMF warns cryptocurrencies may threaten financial stability without regulation

While cryptocurrency has the ability to improve the global payment system, digital coins still pose considerable challenges to market conditions worldwide, the International Monetary Fund warned in a new report on Tuesday.
Read more: https://finance.yahoo.com/news/imf-warns-cryptocurrencies-may-threaten-financial-stability-without-regulation-143013295.html?source=Snapzu

Column: Renew your service or we'll trash your credit score, Spectrum tells ex-customer

Steve Schklair wonders why he’s being muscled by cable giant Spectrum. “It’s been years since I’ve even been a subscriber,” he told me. Nevertheless, the Altadena resident received a strange letter from Spectrum saying that, “as a one-time courtesy,” the company will cancel debt it claims he owes and stop reporting him as a deadbeat to credit agencies — if he agrees to resume cable service.
Read more: https://www.latimes.com/business/story/2021-10-12/column-spectrum-billing-threat?source=Snapzu

Apple shares drop on iPhone 13 production fears

Apple's shares dropped on Tuesday following reports it could slash its iPhone 13 production targets due to the ongoing global computer chip shortage. The electronic giant had expected to make 90 million iPhones in the last quarter of 2021, reported Bloomberg. However, Apple was now having to tell its partners that the total will be lower by as many as 10 million units, sources told the business magazine.
Read more: https://www.bbc.com/news/business-58892176?source=Snapzu

Americans quit their jobs at a record pace in August

One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
Read more: https://apnews.com/article/business-459c0884721a213985cdf0185a1176f8?source=Snapzu

A Record Number of Americans Are Quitting Their Jobs; Highest Numbers Since 2000 - Media Traffic

A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today’s economy. About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. That marks the highest quit rate since the report began in late 2000.
Read more: https://mediatraffic.org/2021/10/12/a-record-number-of-americans-are-quitting-their-jobs-highest-numbers-since-2000/?source=Snapzu

Toyota aims to make up some lost production as supplies rebound -sources

Toyota Motor Corp in December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar with the carmaker's plans said.
Read more: https://www.reuters.com/business/autos-transportation/toyota-aims-make-up-some-lost-production-supplies-rebound-sources-2021-10-12/?source=Snapzu