Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% higher than August 2022, according to real estate tech platform RealPage. Compare that to a year ago, when rents were posting 11% annual growth. With
Mina Khattak is the director of crypto andemerging business at Worldpay, a project ofFIS, a leading provider of technology solutions for merchants, banksand capital markets firms globally. FIS is a Fortune 500 company, a member of the S&P 500 Indexand is betting big on digital wallets and solving the global need for digital payments through
Barclays PLCBCS is reportedly mulling the sale of a stake in the U.K. merchants' payment processing unitas the bank is seeking a partner to boost the business. The business could be worth at least 2 billion ($2.5 billion), based on an EBITDA of about 300 million and similar deals, Reutersreported, citing statements from four people
E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman NBXG . The funding, which is an off-balance sheet (OBS) program, will support Wayflyers growth and expand its financing solutions. Wayflyer customers usually take out loans between $300,000 to $400,000 for inventory purchases, shipping costs,
Markit Digital, a well-known entity in the financial world, has undergone a significant name change. Following its merger with S&P Global 18 months ago, it will now be recognized as Fincentricby S&P Global. This shift aims to better align the company's identity with the comprehensive offerings under the S&P Global Market Intelligence suite. Behind the
North Korean hackers made off with nearly $41 million worth of cryptocurrencies from an online casino and sports betting site this week money officials worry will be used to bolster the countrys nuclear weapons program ahead of an expected arms deal with Russia. The FBI announced on Wednesday it had traced the hack of Stake.com
So much rocket — Rocket Report: Japan launches Moon mission; Ariane 6 fires up in Kourou Japan’s mission will attempt to make a precise landing on the Moon next year. Stephen Clark – Sep 8, 2023 11:00 am UTC Enlarge / A Japanese H-IIA rocket lifts off from the Tanegashima Space Center with an X-ray
New York City continued to see healthy job growth this year, according to a report issued by the New York State Financial Control Board. In the first half of the year, 175,800 jobs were created in the city, a 3.9% increase, exceeding the national growth rate of 2.8%, the Control Board heard at its yearly
On August 2nd, 2023, a significant event occurred in the crypto world: Litecoin's LTC supply halved. Reflecting Bitcoin's deflationary model, these halvings have historically sparked significant price increases, thus attracting the attention of cyclical traders. Despite the potential, the event's infrequency occurring only once every four years constrains the scope for regular trading opportunities. Solving
RESEARCHERS BEWARE — North Korea-backed hackers target security researchers with 0-day Google researchers say currently unfixed vulnerability affects a popular software package. Dan Goodin – Sep 7, 2023 10:05 pm UTC EnlargeDmitry Nogaev | Getty Images reader comments 10 with North Korea-backed hackers are once again targeting security researchers with a zero-day exploit and related
Alex Salnikov is best known as the head of product and co-founder of Rarible, a top-ranked community-centric NFT marketplace. Since 2012, Salnikov has been an active developer in the blockchain space, but since the founding of Rarible in 2020, he has been bullish on NFTs as the next phase of digital ownership. In August, Salnikov
the ads will keep coming — Google gets its way, bakes a user-tracking ad platform directly into Chrome Chrome now directly tracks users, generates a “topic” list it shares with advertisers. Ron Amadeo – Sep 7, 2023 10:35 pm UTC Enlarge / Google’s not looking as good as it used to.Aurich Lawson reader comments 210
“Elon doesn’t pay rent” — Musk stiffed Twitter vendors and dared them to suedozens did just that The ultimate guide to unpaid-bill suits filed against X, Musk’s social network. Jon Brodkin – Sep 7, 2023 1:00 pm UTC EnlargeAurich Lawson | Getty Images reader comments 271 with When Elon Musk bought Twitter in October 2022,
Major cryptocurrencies surged on Friday following reports that global financial powerhouse JPMorgan is venturing deeper into the world of cryptocurrencies. The company is said to be developing a cutting-edge blockchain-driven solution to facilitate seamless cross-border transactions.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin BTC/USD +2.30%$26,308Ethereum ETH/USD +1.17%$1650Dogecoin DOGE/USD +0.37%$0.063 What Happened: According to a Bloomberg report, JPMorgan
The UK’s plans to develop cleaner energy have suffered a major blow after the government failed to attract offshore wind developers to its latest round of contracts for new projects. No offshore wind projects won contracts in this year’s annual auction for subsidies, according to results published on Friday, after developers had warned that the
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Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent market uncertainty. The Binance boss blamed negative news, rumors, bank runs, lawsuits, the closing of fiat channels, product wind-downs and employee turnovers for creating an environment of FUD
It’s been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is a strong advocate for cryptocurrencies. In partnership with the
Municipals were weaker in spots Thursday amid an active primary market that included two billion-dollar pricings for institutions and the return of outflows. U.S. Treasury yields fell and equities were mixed. The two-year muni-to-Treasury ratio Thursday was at 63%, the three-year was at 64%, the five-year at 66%, the 10-year at 70% and the 30-year
Proposed cuts to state revolving funds could be devastating for water utilities, lawmakers heard Thursday. The Senate Committee on Environment & Public Works heard testimony from local water officials highlighting triumphs and ongoing challenges in the drinking and wastewater arena. A spotlight was also focused on the evolving tug of war over Clean Water and