Finance
US Banks Launch Tokenized Deposit Network Against Stablecoins
Major U.S. banks, including JPMorgan and Citi, are launching a tokenized deposit network by 2027. This blockchain-based system aims to counter stablecoin...
Finance 325 articles
Finance
US Mortgage Rate Dips to 6.48%, Retreats From 9-Month High
The average long-term U.S. mortgage rate fell to 6.48% this week, easing from its highest level in nine months and offering relief...
Finance
Supreme Court Affirms SEC’s Broad Authority to Recoup Fraud Gains
The Supreme Court unanimously upheld the SEC's broad authority to recoup ill-gotten gains in fraud cases, ruling against Ongkaruck Sripetch and clarifying...
Finance
Lloyds Banking Group Services Restored After Widespread Online Outage
Lloyds, Halifax, and Bank of Scotland online services are back after an outage affecting thousands of customers. The group apologized for the...
Finance
Puffin, Bumblebee Among 18 Creatures Shortlisted for Banknotes
The Bank of England is consulting the public on 18 shortlisted British wildlife species, including the puffin and bumblebee, to feature on...
Finance
Germany’s Dormant Billions Spark Ownership Debate
Billions of euros lie untouched in Germany's 'forgotten accounts,' prompting a contentious debate over ownership and the lack of a central registry.
Finance
Degree Value Doubts Hit 20-Year High as Student Loan Inquiry Begins
A parliamentary inquiry into England's student loan system commences as new research reveals 34% of people question the value of a university...
Finance
Australia Boosts Minimum Wage 4.75% Amid Economic Uncertainty
Australia's industrial umpire has raised the national minimum wage by 4.75%, citing economic uncertainty and falling short of closing the real wage...
Finance
Anthropic Files Confidentially for Wall Street IPO, Valued at $965 Billion
AI firm Anthropic has confidentially filed with the SEC for a proposed initial public offering, signaling a major step toward a public...