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People are paying millions for clips that can be viewed for free. Welcome to the world of ‘NFTs’

Finance
A virtual art piece titled "Everydays: The First 5000 Days." Created by digital artist Beeple, it's the first NFT-based work of art to go on auction at Christie's.Christie'sFrom art to sports trading cards, people are spending millions of dollars on digital collector's items.These crypto collectibles, known as NFTs, have exploded in popularity lately. A video clip created by digital artist Beeple, whose real name is Mike Winkelmann, was flipped for a record $ 6.6 million last week. It had originally been bought for around $ 67,000.Meanwhile, one of thousands of computer-generated avatars called CryptoPunks recently sold for $ 2 million. And a crypto art rendition of the Nyan Cat meme from 2011 sold for about $ 590,000 in an online auction.Proponents of NFTs say they fix a big problem w...

Trading legend Art Cashin shares his poem to say goodbye to 2020 and welcome the New Year

Finance
Source: NYSE photoArt Cashin couldn't lead the New York Stock Exchange in the singing of "Wait til the Sun Shines Nellie" this year, but he penned this poem for UBS and its clients and is sharing it with us here. Happy New Year, Art. Look forward to seeing you on the floor in 2021.Zoom In IconArrows pointing outwardsZoom In IconArrows pointing outwardsSubscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.Let's block ads! (Why?) Finance
Mikel Arteta insists Arsenal must make Emirates ‘a fortress’ as Gunners prepare to welcome fans back for Rapid Vienna clash

Mikel Arteta insists Arsenal must make Emirates ‘a fortress’ as Gunners prepare to welcome fans back for Rapid Vienna clash

Sports
Arsenal boss Mikel Arteta is hoping to transform the Emirates Stadium into a ‘fortress’ as the Gunners prepare to welcome fans back for the first time in nine months.Wolves face Arsenal at the Emirates this Sunday but it will still take place behind closed doors due to the coronavirus pandemic. getty Arteta hopes to turn the Emirates into a fortress as the club prepares to welcome back fans However, the new tier system and a change in government regulations means 2,000 supporters can attend Thursday’s Europa League clash with Rapid Vienna. There will no doubt be a stampede for the tickets, being sold on a first-come-first-served basis to eligible supporters. Arteta will be keen to welcome them in on the back of a return to winning ways in the league, havin...
AP PHOTOS: Brazil drive-in, a welcome escape from pandemic

AP PHOTOS: Brazil drive-in, a welcome escape from pandemic

World
A drive-in cinema in Brazil is allowing people to indulge in one of the few diversions allowed in the age of social distancingBy ERALDO PERES Associated PressMay 28, 2020, 8:33 PM2 min read2 min readShare to FacebookShare to TwitterEmail this articleBRASILIA, Brazil -- As daylight drained from the sky in Brazil’s capital, dozens of cars formed a line, all filled with passengers set to indulge in one of the few diversions allowed in the age of social distancing: a film at the drive-in. Red lantern in hand, Jair de Souza guided the drivers through the drive-in’s entrance and showed them to their designated parking spots. “Every car must respect the distance, leaving a free parking space between you,” he tells each of them. The Brasilia drive-in has been operating with only 150 cars, occupy...
Businesses and unions welcome grants to cover 80% of workers’ pay

Businesses and unions welcome grants to cover 80% of workers’ pay

Business
Union and business leaders have largely welcomed news that the government will pick up "most of" the wages of workers as the coronavirus pandemic continues to shred the UK economy.Chancellor Rishi Sunak said on Friday that government grants would cover 80% of staff salaries for those who are kept on by their employer but are unable to work. The new coronavirus job retention scheme will cover wages up to £2,500 a month. Mr Sunak said he would do "whatever it takes" and called his plans "an unprecedented economic intervention to support the jobs and incomes of the British people".TUC general secretary Frances O'Grady said the announcement was "a breakthrough", adding: "Employers across the economy can now be confident that they will be able to pay their wage bills. ...