Bitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed. The largest digital asset rose as much as 2.2% on Monday and changed hands at $60,850 as of 7:03 a.m. in Singapore, the highest level in more than a week. […]
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Bitcoin Pizza Day
Happy Bitcoin Pizza Day to all who celebrate. Celebrate what, you might ask? Wednesday’s “holiday” marks the anniversary of the day when, in 2010, Laszlo Hanyecz got two pizzas delivered to his house from Papa John’s, which he paid for using Bitcoin, Quartz reports. (How exactly he did so is a bit confusing; you can […]
Continue ReadingCampaign Accepting Contributions Through Cryptocurrency
Donald Trump ‘s presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give” to its political committees using any […]
Continue ReadingMortgage Rates Hit 7.23%
Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown. The average 30-year fixed mortgage came with an interest rate of 7.23%, according to data published Thursday by Freddie Mac. Some borrowers are paying even loftier rates. The rate was 7.09% a […]
Continue ReadingJobless Claims Drop
Jobless claims drop to 3-week low of 230,000. Still no sign of rising U.S. layoffs. The numbers: The number of Americans who applied for unemployment benefits last week fell by 10,000 to a three-week low of 230,000, offering further evidence that the labor market remains rock solid. New jobless claims slipped from a revised […]
Continue ReadingFarmers Insurance Pulls Out of Florida
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders Farmers Insurance will stop offering its policies in Florida, including home, auto and umbrella policies, in a change that will force thousands of people to change their insurance provider. The company said in a statement that its decision to get out of Florida was a business […]
Continue ReadingMoving From California to Texas
A move from California to Texas could save a million dollars. Many Americans are opting in. The exodus of people from California to Texas is picking up steam. In 2021, it was the most popular interstate move in the country, with 111,000 people – or 300 people a day – headed to the Lone Star […]
Continue ReadingBancorp Unit to Buy Signature Bank Assets
New York Community Bancorp unit to buy Signature Bank assets – FDIC A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to buy deposits and loans from New York-based Signature Bank, which was closed a week ago. The Federal Deposit Insurance Corporation (FDIC) said the deal would see the […]
Continue ReadingTaliban Militants Fed Up With Office Culture
Taliban Militants Fed Up With Office Culture, Ready to Quiet Quit Almost two years after the Taliban’s takeover of Afghanistan, the jihadists who transitioned from the battlefields to paper-pushing government jobs in the city are ready to quiet quit. The Afghanistan Analysts Network, a non-profit policy research organization working to increase the understanding of life […]
Continue ReadingEricsson to go on Cost-Cutting With Layoffs
As part of its cost-cutting strategy, telecom equipment manufacturer Ericsson will layoff 8,500 workers globally, according to a memo written to staff members and seen by Reuters news agency. “The way headcount reductions will be managed will differ depending on the local country practice,” Chief Executive Borje Ekholm wrote in the memo. “In several countries, […]
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