Business

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial management by organizing all digital assets in one convenient location,” according to a Tuesday (April 9) news release, targeting people and businesses in the…

The entrance to downtown Los Altos on Main Street. Photo by Magali Gauthier After waiting in limbo for this year’s housing market to unfold, things are looking upward along the Peninsula. Here’s how the local market is shaping up this year:   Buyers outpace rates cuts  Unfazed by fluctuations in mortgage rates, our…

(NewsNation) — Some Walmart shoppers who purchased weighted groceries or bagged fruit may be eligible for a cash payment from a class action lawsuit settlement with the retailer. The class action lawsuit, first filed in October 2022, alleges Walmart shoppers across the U.S. and Puerto Rico who purchased certain sold-by-weight meat and…

American companies and consumers have cut their borrowing in response to higher interest rates, but this has not affected their actual spending. The result is that the U.S. economy is still continuing to grow briskly in both real and nominal terms despite years of allegedly “tight monetary policy”.The explanation seems to be twofold. First,…

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events. Firstly, a quick recap on what happened last week week where the initial Fed dovish pivot narrative has been watered down due to a hawkish Fed Speak from Minneapolis Fed President Kashkari that suggested interest rate cuts may not be…

The National Association of Insurance Commissioners’ (NAIC) recent regulatory proposals have concerned stakeholders across the U.S. insurance landscape. At the heart of the controversy are proposed changes that could fundamentally alter how life insurance companies invest in financial instruments, with far-reaching consequences for the broader…

Nigerian flag with Bitcoingetty As the first quarter of 2024 began, Nigerians were cautiously optimistic about the outlook for the year following the reversal of the Bitcoin ban in December 2023 and the changing stance of regulators towards Bitcoin and other digital assets. However, against the backdrop of the bitcoin price rally and ETF hype,…

Above, Anthony Lamacchia (left) and Kevin Sears Massachusetts-based Lamacchia Realty has announced the acquisition of Sears Real Estate, which expands the brokerage into the Springfield, Massachusetts, market.  The three-person leadership team at Sears Real Estate, which includes Managing Broker Brian Sears,…

A single Powerball ticket sold in Oregon matched all six numbers for the $1.326 billion jackpot after Saturday night's drawing was delayed due to "pre-draw procedures," Powerball said. The winning numbers were white balls 22, 27, 44, 52, 69 and red Powerball 9. Saturday's jackpot has a cash value of $621 million, Powerball said. The…

12 Mins AgoChina's central bank announces $70 billion 're-loan' program to support tech SMEs The People's Bank of China has announced a "re-loan" program of 500 billion yuan ($70 billion) for technological innovation and transformation to support small and medium-sized tech enterprises.A re-loan program uses funds lent by the PBOC to commercial…