financial technology

Paribus. The Fragility of Finance.

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Marketing Agency Pivot Hires John Younger to Increase Presence In Esports, Gaming

California-based sports marketing agency Pivot has hired esports salesperson John Younger as it looks to build out a more full-time presence in gaming.  The agency has been working in the esports space for a handful of years ago with clients including NRG Esports, but it is stocked with stick-and-ball veterans and feels bringing on a full-time gaming executive can help fortify and grow its business in the space.  Younger joins as vice president of esports and gaming and will remain based in Texas for now; Pivot also has some of