Ukraine raised about $270 million worth of war bonds to fund its defense against Russia. The Eastern European country turned to more traditional finance after raising millions in crypto. The sale came as a Russian convoy stretching 40 miles long closed in on Kyiv, the capital of Ukraine. Loading Something is loading. Ukraine has turned… Continue reading Ukraine raises $270 million in war bonds to support military while massive Russian convoy closes in on Kyiv
Visa and Mastercard have banned Russian banks as more Western sanctions roll out
Visa and Mastercard announced they have blocked certain financial institutions from their networks. They cited economic sanctions Western nations have put on Russia after it invaded Ukraine. The payment giants also both pledged $2 million each in humanitarian relief for Ukraine. Loading Something is loading. Payment processors Visa and Mastercard announced they have blocked certain Russian… Continue reading Visa and Mastercard have banned Russian banks as more Western sanctions roll out
Summers: Housing Inflation Could Hit 7% This Year
That’s inflation in the cost for shelter. It doesn’t take into account the rising value of homes themselves. Housing inflation, as measured by the government, will likely jump to 6.5% to 7% this year, according to Harvard economist Larry Summers. That compares to an increase of about 4% for the 12 months ended in January.… Continue reading Summers: Housing Inflation Could Hit 7% This Year
Experts See Wages Rising Across the Economy
If ‘wages rise faster than productivity in a broad-based way, inflation pressures may continue to broaden out,” the Fed said. Target’s (TGT) – Get Target Corporation Report $300 million plan for wage increases announced Monday reinforces the economy-wide trend toward higher pay, and that trend isn’t going away anytime soon, experts say. The government’s employment… Continue reading Experts See Wages Rising Across the Economy
What to Buy in March
The 31 days of March bring along certain deals consumers can only find this time of the year. As we leave the chill of winter and enter the newness of spring, here are some of the deals you can stock up and save on. Calling all crafters: For anyone that loves crafting, this is your… Continue reading What to Buy in March
A tactical portfolio rebalancing can cut your risks in troubling times
Martin Pelletier: Choosing the wrong benchmark can lead to performance chasing, poor results and excessive risk taking Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files “There is only one cause of unhappiness: the false beliefs you have in your head, beliefs so widespread, so commonly held,… Continue reading A tactical portfolio rebalancing can cut your risks in troubling times
Stock Market Today: Energy Soars as Russia-Ukraine Volatility Resumes | Kiplinger
Stock Market Today The major indexes put up mixed results Monday as investors digested a weekend’s worth of sanctions, military actions and other changes in the Russia-Ukraine conflict.American stock markets were volatile again Monday as investors processed a laundry list of new developments in Russia’s invasion of Ukraine. Among those events: The U.S. and European… Continue reading Stock Market Today: Energy Soars as Russia-Ukraine Volatility Resumes | Kiplinger
Unlike in Miami, residents of New York City can’t trade their namesake cryptocurrency
New Yorkers can’t actually buy and sell the city’s namesake token, a Bloomberg report found. Crypto exchanges offering NYCCoin don’t have a BitLicense, which is required to operate in the state, Bloomberg said. The lack of trading ability is a setback for a city working to rival Miami as the US crypto hub. Loading Something… Continue reading Unlike in Miami, residents of New York City can’t trade their namesake cryptocurrency
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