Israeli fintech company Vesttoo is contemplating the removal ofboth its CEO and chief financial engineer, according to Reuters. This decision comes in the wake of a scandal involving fake collateral, which analysts predict could have far-reaching implications for the broader insurance market.A Scandal Unfolds Vesttoo, a firm that leverages artificial intelligence to bridge the gap
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And help end wallet neuropathy! — Guidemaster: RFID-blocker cards and wallets to help keep your cards secure Gear to help protect information from your ID, credit cards, and debit cards. Chuong Nguyen – Aug 16, 2023 11:37 pm UTC Enlarge / Wallet solutions to prevent RFID card skimming.Chuong Nguyen reader comments 66 with When we
With Quiver Quantitatives recentinstitutional holdings data, we can see that hedge funds and asset managers have been increasing their holdings in MercadoLibre MELI . Firms such as Scottish investment managerBaillie Gifford, Fidelity Investments, andBlackrockhave all added to their MELI positions recently. Most notably, Baillie Gifford increased shares held by 4.28% (as filed on 6/30), bringing
TIMES UP, MICROSOFT — Windows feature that resets system clocks based on random data is wreaking havoc Windows Secure Time Seeding resets clocks months or years off the correct time. Dan Goodin – Aug 16, 2023 5:23 pm UTC Enlarge reader comments 132 with A few months ago, an engineer in a data center in
There’s a lot of people that try to learn day trading, and the big reason for that is because they think it’s a way to make money fast, which is not always the case. But if you’re doing day trading, you need to make sure you’re evaluating stock charts correctly. Today I’m going to share
Foreign investors have dumped Chinese stocks and bonds after losing confidence in Beijing’s promises of more help to shore up the country’s wobbling economy. Financial Times calculations based on data from Hong Kong’s Stock Connect trading scheme show that investors have almost completely reversed Rmb54bn ($7.4bn) in net purchases of Chinese equities that followed a
Municipals were mixed Wednesday amid another busy new-issue day led by the University of California Regents in the negotiated space and gilt-edged Tennessee in the competitive market. U.S. Treasuries were weaker again, pushing the 10-year UST to a high not seen since 2008. Equities ended the trading session down. Triple-A benchmarks saw cuts out long,
SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-chain protocol Multichain. In an Aug. 16 community vote, SpiritSwap users passed a resolution to transfer the project to Power, a fellow nonfungible token platform and DEX that is also based on Fantom.
Bitcoin (BTC) price is down today as crypto opens a new week underperforming major risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance “FUD” threatens BTC price support Data from Cointelegraph Markets Pro and TradingView shows Bitcoin (BTC) down 1.6% on the day, heading toward $26,500. The largest cryptocurrency spent most of the weekend in a
Oklahoma revised its list of financial firms determined to be boycotting the fossil fuel industry, shrinking the number to six from 13 with three large municipal investment banks remaining on it. Bank of America, JP Morgan Chase, and Wells Fargo were on an initial list released by state Treasurer Todd Russ in May and will
One of the biggest design trends in recent years is sustainability. Whether it’s choosing non-toxic materials, quality products built to last, or ethical sourcing—consumers are being more thoughtful about how their purchases impact the environment. This especially applies to outdoor spaces, explains Nick Arambula co-founder of Neighbor. “Sustainability is resonating with consumers because there is
In this photo illustration, a Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines before the bell Target – Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year forecast and posted
A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage rates rose for the third straight week last week, matching a 22-year high. As a result, mortgage demand dropped as well. Total mortgage application volume was 29% lower than the same week one year ago, according to the Mortgage
(RNS) — The latest chapter in Donald Trump’s ongoing legal drama played out on Monday evening (Aug. 14), as a grand jury in Georgia indicted the former president and 18 others as part of a sweeping probe of alleged efforts to overturn the 2020 presidential election in the state. While most of those indicted are
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington. 1066 Total views 11 Total shares Listen to article 0:00 News Join us on social networksThe United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions
Inflation is forcing Americans to spend $709 more per month on everyday goods and services than they did just two years ago, according to the chief economist at Moody’s Analytics. “The high inflation of the past 2+ years has done lots of economic damage,” Mark Zandi tweeted on Friday following the release of the Consumer
Wholesale prices in the United States picked up slightly in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022. The Labor Department reported Friday that its producer price index which measures inflation before it hits consumers rose 0.8% last month from July 2022. The latest figure followed
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023. 18184 Total views 61 Total shares Listen to article 0:00 Follow up Join us on social networksThe United States Securities and Exchange Commission (SEC) the
Failed tests — FDA issues safety alert on pregnancy tests after bust on illegal medical lab Universal Meditech was behind an illegal lab discovered in Reedley, California. Beth Mole – Aug 15, 2023 10:42 pm UTC Enlarge / A picture of containers taken from the illegal UMI lab in Reedley, California.FCDPH reader comments 37 with
In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. PYPL announced Monday the launch of a new U.S. dollar-denominatedstablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant and is set to be a game-changer in the realm of digital payments