Cryptocurrency exchange Binance has made a significant move to enhance financial inclusion in Africa by launching its One Click Buy and Sell (OCBS) service. This new feature, known as Binance Mobile Money, enables users in Ghana, Tanzania, Uganda, and Zambia to easily buy and sell cryptocurrencies through their mobile money accounts. The initiative aligns with
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Democratic U.S. presidential candidate, Vice President Kamala Harris, speaks at an Aug. 10 campaign rally in Las Vegas. Justin Sullivan | Getty Images News | Getty Images Affordable housing is a cornerstone of the “opportunity economy” that Vice President Kamala Harris sketched out last week. Harris’ economic policy pitch included proposals to lower the costs
A house under construction is seen between completed houses in a new development in Brambleton, Virginia on August 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates fell for the third week in a row last week, but the rush to refinance took a breather. Applications to refinance a home loan dropped 15%
A sign is posted in front of a home for sale on August 07, 2024 in San Rafael, California. Justin Sullivan | Getty Images Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That
In this article DHI LEN PHM Follow your favorite stocksCREATE FREE ACCOUNT Shareholder returns for top homebuilders D.R. Horton and Lennar outpaced the wider S&P 500 between August 2014 and August 2024. Analysts downgraded the investment outlook of both companies this summer. However, some investors remain optimistic about the industry’s prospects for performance. Stock Chart
Monica Muñoz, top, and Denise Denning place black encapsulation material on solar panels at Elin Energys solar panel manufacturing facility on Thursday, April 25, 2024 in Brookshire. Brett Coomer | Hearst Newspapers | Getty Images The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment,
Bitcoin, the original cryptocurrency, is often regarded as a digital store of value. However, the concept of Bitcoin programmability has taken a significant step forward with the introduction of BitVM2, a new iteration developed by Robin Linus. This advancement promises to bring more complex functionalities to the Bitcoin network, potentially revolutionizing how Bitcoin can be
Richard Newstead | Moment | Getty Images LONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years sparked a boom in homebuyer activity. Barclays, Halifax, HSBC and NatWest are among the lenders now offering five-year fixed rate mortgages of under 4%, below
In the ever-evolving world of restaurant technology, Ben Leventhal, a pioneer in foodie culture and tech-driven dining experiences, is leading the charge with his latest venture: Blackbird Labs. Blackbird is revolutionizing restaurant loyalty programs by integrating cryptocurrency into the dining experience, offering a fresh approach to how restaurants reward their most loyal customers. As the
The T-Mobile logo is displayed on a laptop screen and a smartphone, seen in this illustration photo taken in Krakow, Poland, Feb. 22, 2024. Jakub Porzycki | Nurphoto | Getty Images The July consumer price index reading indicated cooling inflation and July retail sales addressed investors’ fears about an economic slowdown. They also boosted hopes
Flexa, a leading digital payments platform, has unveiled its latest innovation: Flexa Components. This new tool aims to simplify crypto payments for merchants, allowing for direct, fee-free transactions through digital wallets. As the use of cryptocurrencies continues to grow, Flexa is positioning itself at the forefront of this trend, offering businesses an easy way to
The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data. “We think that the time is approaching,” Fed Chair Jerome Powell said at a press conference after the last Federal Open Market Committee meeting in July. For Americans struggling to keep up with sky-high interest charges, a likely September rate cut may bring some
In a significant shift within the crypto ETFs market, BlackRock (NYSE:BLK) has overtaken Grayscale in assets under management for publicly-listed crypto products. This change, noted by James Butterfill, Head of Research at CoinShares, highlights the growing dominance of traditional financial giants in the rapidly evolving cryptocurrency space. The competition between these two titans is reshaping
Iuliia Isaieva | Moment | Getty Images Homeowners are sitting on$17 trillion in equity as of the end of the first quarter of 2024, according to CoreLogic. The average homeowner gained $28,000 in equity compared to a year earlier. For many people, there’s no need to touch that money. Home equity is “not like bread,”
FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. Dado Ruvic | Reuters Investing in equities can be a complex exercise, warranting specialized guidance. From where can one get that advice? Some attempt to do their own research, poring over reams of financial indicators to identify potential winners, while others
As the 2024 election draws nearer, a new group of cryptocurrency advocates, including billionaire Mark Cuban and Wall Street financier Anthony Scaramucci, is calling for a significant shift in the Democratic Party’s stance on digital assets. The group, known as Crypto4Harris, is pushing Vice President Kamala Harris to reset the party’s crypto policy, highlighting the
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada. Andri Tambunan | AFP | Getty Images It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications to refinance a home
In a recent interview, Circle CEO Jeremy Allaire emphasized the importance of establishing a bipartisan crypto policy in the United States. Allaire’s remarks come at a critical time when the U.S. faces increasing pressure to lead in the rapidly evolving global cryptocurrency industry. He believes that while crypto has seen some bipartisan support, more decisive
Aleksandarnakic | E+ | Getty Images A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency company NovaTech and its co-founders, Cynthia and Eddy Petion, alleging that they orchestrated a fraudulent scheme that amassed over $650 million from more than 200,000 investors globally, including a significant number of Haitian-Americans. The SEC alleges that NovaTech and the Petions falsely
d3sign | Moment | Getty Images Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars. The consumer price index, a key inflation gauge, rose 2.9% in July from a year ago, the U.S. Department of Labor reported Wednesday.
Financial services industry consultant John Reed Stark has raised concerns about Morgan Stanley’s recent move to permit its wealth advisors to recommend spot Bitcoin ETFs to clients. Stark, president of a consulting firm based in Bethesda, Md., warned that this decision could invite substantial regulatory scrutiny. In a post on X, Stark suggested that Morgan
As Bitcoin reclaims the spotlight, a new wave of innovators is pushing the boundaries of what the blockchain can achieve. Traditionally seen as a static store of value, Bitcoin is now being reimagined as a platform for decentralized finance, thanks to the efforts of companies like Bitlayer. Co-founder Charlie Hu recently discussed this transformation with
The U.S. economy has remained remarkably strong even amid persistent inflation and high interest rates. And yet, 59% of Americans falsely believe that the U.S. is currently in a recession, according to a recent survey of 2,000 adults by Affirm in June. Citing higher costs and difficulty making ends meet, most respondents said they think
A man walks past Kobayashi Pharmaceutical’s headquarters building in Osaka on April 2, 2024. Yuichi Yamazaki | AFP | Getty Images Company: Kobayashi Pharmaceutical (4967.T) Business: Kobayashi Pharmaceutical manufactures and sells pharmaceuticals and consumer products in Japan and internationally. The company operates in three segments: The Domestic Business and International Business segments offer health care,
As the race to dominate the artificial intelligence landscape intensifies, tech giants like Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), and OpenAI are pouring billions into AI development. However, the end-game for AI remains unclear, with various strategies and approaches emerging. Among these, the integration of AI predictive models with cryptocurrency platforms presents a unique opportunity
Brandi Schmitt and her family pose for a 2018 Christmas card in front of their Maryland home wearing protective gear, alluding to the water and mold damage in their home. Each year, Schmitt said they try to capture the family’s situation through their Christmas card. Courtesy: Brandi Schmitt When a nor’easter struck in 2018, intense
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca | Bloomberg | Getty Images Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from
Cryptocurrency continues to push the boundaries of finance, with Bitcoin now at the forefront of a new wave of peer-to-peer lending applications. Historically, Bitcoin lacked the smart contract capabilities that other blockchains, like Ethereum, used to revolutionize decentralized finance. However, recent developments are changing the game, enabling Bitcoin holders to leverage their assets in novel
Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images With the major party tickets finalized, many voters are watching the candidates for personal finance policy that could impact their wallets. Vice President Kamala Harris this week unveiled her running mate, Minnesota Gov. Tim
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