Financial Insights That Matter Skyrocketing interest rates around the globe have culminated in a worldwide housing crisis as economies deal with the problem of burgeoning unaffordable housing. Germany, Europe’s largest economy, has been dealing with slower construction amid stagnant demand, causing the property market to shrink rapidly. “The homebuilding or construction sector is the first […]
Financial Insights That Matter MOSCOW (Reuters) – Russia fined Alphabet’s Google and TikTok on Wednesday for failing to comply with an order from communications regulator Roskomnadzor over banned content, the Moscow courts’ press service said. Moscow’s Tagansky district court fined Google 5 million roubles ($58,038) and TikTok 4 million roubles, the court said, for failing […]
Financial Insights That Matter Bitcoin rocketed higher as Donald Trump clinched victory in the U.S. presidential election, setting up a “perfect storm” for the bitcoin price in weeks ahead. Unlock over $3,000 in perks including unparalleled access to a community of top Web3 entrepreneurs, creators, and investors, providing you with premium networking, priority access to […]
Cash News CDs are usually the kinds of bank accounts you set and forget. With a CD, you make an initial deposit and then leave the money alone for a set amount of time, and you know up-front how much interest you’ll earn. With add-on CDs, however, the rules are a little different. You get […]
Financial Insights That Matter The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie was trading 0.3% higher at C$1.3834 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.382 to 1.3946. Canadian government 10-year bond yields fell 11 basis points to […]
Financial Insights That Matter MicroStrategy Inc. bought about 27,200 Bitcoin for around $2.03 billion, the largest purchase by the crypto hedge-fund proxy since just after it began acquiring the digital-asset more than four years ago. The enterprise software maker, whose corporate strategy now includes buying the cryptocurrency, bought the tokens between Oct. 31 and Nov. […]
Financial Insights That Matter Germany is in a financial pickle of its own making. The coalition government’s attempt to repurpose €60 billion ($65.5 billion) in unused pandemic funds for climate spending was ruled unconstitutional in November, forcing ministers to agree on emergency budgetary cuts, including to electric-vehicle subsidies. The economy is set to more or […]
Financial Insights That Matter The Nissan Frontier Is Getting a 2025 UpdateNissan The latest Nissan Frontier only arrived in 2022, but the mid-size pickup segment is more competitive than it’s been in ages — which means Nissan’s smallest truck is already due for an update. To that end, Nissan is offering a mid-life refresh for […]
Financial Insights That Matter Millions of households are at risk of losing benefit payments this Christmas if they fail to act on deadlines to switch to Universal Credit. The Department for Work and Pensions (DWP) is moving all legacy benefit claimants to Universal Credit under a process called managed migration. Households receive letters instructing them […]
Cash News Going without a bank account may not seem like a big deal, but being unbanked can be challenging. Basic tasks like cashing a check can be expensive, and it can be harder to qualify for loans or other forms of credit. What does it mean to be unbanked? The term refers to individuals […]