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Tag: finance

Posted on 23/02/2023

Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some to a California resort

Several Well Fargo mortgage bankers were at a retreat at Palm Desert just a few weeks ago. Now, many of them have lost their jobs.

Posted on 23/02/2023

The Government Is Coming for Crypto And Your Coins

The Security and Exchange Commission (SEC) has launched a major offensive to regulate the cryptocurrency industry.

Posted on 23/02/2023

Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says

"Only the legal, historical infrastructure behind central banks can give great credibility [to money]," a top economist said.

Posted on 23/02/2023

Bitcoin drops 3.5%, Polygon Labs cuts jobs, and Coinbase usage continues to fall: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 23/02/2023

Bitcoin must leverage $1T central bank liquidity to beat sellers — research

Bitcoin faces a struggle to overcome BTC price resistance despite central banks injecting $1 trillion combined.

Posted on 23/02/2023

Stablecoins attract scrutiny in SEC’s drive to control crypto

The SEC is investigating whether stablecoins, cryptocurrencies that maintain a price of $1, are among the products that were issued in violation of investor-protection laws.

Posted on 23/02/2023

How the crypto crash brought bad karma to a New York yoga studio

How the crypto crash brought bad karma to a New York yoga studio on facebook (opens in a new window) How the crypto crash brought bad karma to a New York yoga studio on linkedin (opens in a new window ...

Posted on 22/02/2023

Bitcoin has made a ‘phenomenal’ comeback as it shakes off the crypto crisis, but a stubbornly strong economy puts the rally at risk

Bitcoin is up almost 50% after tanking in 2022 thanks to high-profile crypto failures like FTX, but the prospect of more interest-rate hikes could dent the rally.

Posted on 22/02/2023

Congress Needs To Act On Crypto But The Senate Is Way Behind

Congress should grill SEC Chairman Gary Gensler on why he hasn't provided more guidance and why he hasn't adopted Commissioner Peirce's proposal (or something similar). Crypto has been around for more ...

Posted on 22/02/2023

Crypto Company Circle Focuses on Growth After Canceled SPAC Merger

Circle plans to boost its head count by as much as 25% this year, focusing on expansion despite industrywide layoffs.

Posted on 22/02/2023

Crypto Has Lost the ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says

The argument that crypto is an alternative to fiat currency has been settled following last year’s turmoil in the digital-asset sector, according to Agustin Carstens, the head of the Bank for ...

Posted on 22/02/2023

Asia Pacific markets set to open mixed ahead of key economic data

In Japan, Nikkei futures are mixed, with futures in Chicago at 27,275 while its counterpart in Osaka stood at 27,250 against the Nikkei 225's last close at 27.473. Japan's producer price index for ...

Posted on 22/02/2023

Tokyo to seek return of public funds from scandal-hit Olympic committee

Tokyo Gov. Yuriko Koike would demand some of the capital's money back if a cease and desist order is issued against firms caught in a slew of ...

Posted on 22/02/2023

Gov. Koike says Tokyo will ask firms involved in Olympic scandal to return public funds

Tokyo Gov. Yuriko Koike would demand some of the capital's money back if a cease and desist order is issued against firms caught in a slew of・・・ ...

Posted on 22/02/2023

Bank of Japan to Conduct Emergency Bond Buying After Key Yield Breaches Policy Cap

TOKYO (Reuters) - The Bank of Japan said on Wednesday it would conduct emergency bond buying after the yield on benchmark 10-year government bonds breached the top end of the central bank's policy ...

Posted on 22/02/2023

Japan Post says it’s considering options after report of $9 billion JP Bank share sale

Japan Post Holdings said on Wednesday it's considering "various options" after Reuters reported on Tuesday it was looking into selling around a third of its stake in Japan Post Bank , a sale that ...

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