CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Whatever one thinks about the merits of bitcoin, one thing is clear. It has a huge environmental impact. So far this year, computers used to ‘mine’ the cryptocurrency have soaked up 146 terawatt hours […]
German Finance Minister Pushes for $2.2 Billion a Month Fuel Rebate #NewsGerman
Financial Insights That Matter Germany is leading Europe in its financial response to Russia’s invasion of Ukraine, raising the prospect of billions in aid for those hurt by surging gasoline prices and pushing ahead with the purchase of almost three dozen F-35 warplanes. Finance Minister Christian Lindner on Monday threw his weight behind a proposal […]
European Stocks Rise as Investors Look Beyond French Crisis #FrenchFinance
Financial Insights That Matter (Bloomberg) — European stocks gained for a sixth straight session in the longest winning streak since May, as investors weighed the latest developments in turbulent French politics. Most Read from Bloomberg The Stoxx Europe 600 Index was up 0.4% by the close in London, with travel and leisure stocks and banks […]
Tom Brady says letting kids fail is no longer valued in America — 3 ways to apply his wisdom in 2025 #UKFinance
Financial Insights That Matter Tom Brady says letting kids fail is no longer valued in America — 3 ways to apply his wisdom in 2025 A tsunami of money has gushed into professional sports in recent years. The valuations of several NFL teams have soared into the billions, according to a Forbes report, while the […]
Elon Musk Reveals Surprise Support For Ethereum Cofounder’s ‘Amazing’ Plan To Upgrade ‘Joke’ Bitcoin Rival Dogecoin #CriptoNews
Financial Insights That Matter Tesla TSLA billionaire Elon Musk, after helping the bitcoin price reach never-before-seen highs this year with a $1.5 billion bet on bitcoin, appears to have abandoned the cryptocurrency for ethereum and the meme-based dogecoin. “I pretty much agree with Vitalik,” Musk posted to Twitter this week, replying to a wide-ranging YouTube […]
401(k) vs. personal loan: Comparing your options #CashNews.co
Cash News If you’re in need of some cash to make ends meet, it may be possible to tap your 401(k) plan in the form of a loan. Like a personal loan, a 401(k) loan offers a lump-sum disbursement, which you’ll pay back over a fixed repayment term. But beyond that, comparing a 401(k) loan […]
UK should pay whistleblowers to cut financial crime, says think-tank #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK should break its “long-held antipathy” to paying whistleblowers in order to reduce economic crime and prevent hundreds of Britons taking information to the US, the Royal United Services Institute said. Launching an […]
El Salvador adopts bitcoin as legal tender after passing law #CriptoNews
Financial Insights That Matter El Salvador has become the first country to adopt bitcoin as legal tender. Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote. The price of bitcoin was up 5% to $34,239.17 shortly after the […]
Do you need collateral for a personal loan? #CashNews.co
Cash News Most personal loans are unsecured, meaning that you don’t need collateral to get a loan. Instead, your lender will approve your loan based on your creditworthiness. When you apply for a personal loan, your potential lender will review your credit history, income information, debts, and more to vet you and decide whether or […]
UK regulators urged to make City firms report data on ‘class ceiling’ #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The “class ceiling” restricting people with poorer backgrounds from working in UK financial services would be broken if companies were forced to report on the socio-economic roots of their staff, leading social mobility organisations […]