Credit card processing service Slim CD, popular in the U.S. and Canada, has revealed a massive data breach that exposed the personal information of nearly 1.7 million customers.
Here is a head-scratcher. During the long 46-year stretch from February 1974 to February 2024 "required reserves" in the US banking system climbed steadily from $35 billion to $208 billion.
The European Central Bank cut interest rates again on Thursday and signalled a "declining path" for borrowing costs in the months ahead as inflation slows and economic growth in the euro zone falters.
India's fintech, led by UPI, is expanding into agriculture with a new lending platform, ULI, aimed at improving credit access for farmers and small firms.
In the latest episode of Money Metals' Midweek Memo, host Mike Maharrey explored two key financial topics: the surge in central bank gold purchases and the historical perspective of the Federal Reserve's balance sheet activities, with a focus on
Market observers have been puzzled by Warren Buffett's Berkshire Hathaway's abrupt selling of billions of dollars of its long-held stake in Bank of America since mid-July.
• https://currencyinsider.com, by Currency Insider
XRP will likely serve as a world reserve and bridge currency in the future. Per a recently published Map, this proposition comes amid heightened discussions of a potential restructuring of the international monetary system.
SHANGHAI, Aug 15 (Reuters) - China's central bank injected cash through a short-term bond instrument on Thursday and said that it would conduct a medium-term loan rollover later this month.
Donald Trump Jr. has announced plans to launch a new decentralized finance (DeFi) cryptocurrency platform to address inequality in banking access. However, the platform is still in the early stages and will take some time to become a reality.
Morgan Stanley has officially begun pitching shares of two exchange-traded bitcoin funds - with some 15,000 financial advisors given the green light to recommend BlackRock's IShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund to clients.
Florida Attorney General Ashley Moody declared US Treasury has "forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends."
Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control? This is a question often heard in investment circles, and I will try to answer it.
They're bankers, traders, investment funds executives. They forgot all about morality to make money. The entire world had to suffer the consequences of their actions. They impoverished countries, drove millions of workers into unemployment, and contr
Billionaire investor Warren Buffett's Berkshire Hathaway has disclosed in multiple filings this month, the latest on Monday, that it is continuing to reduce its stake in Bank of America, locking in sizeable gains.
In discussing the Mises Institute's June 24th full-page Wall Street Journal ad entitled "Who Needs the Fed?" on talk radio recently most of the interviewers naturally expressed skepticism over whether the Fed could ever actually be abolished...
Commercial real estate (CRE) issues have been getting more attention this year, causing significant headaches for the banking sector and raising questions about the severity of the situation.
Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control? This is a question often heard in investment circles, and I will try to answer it.
Today Giesecke+Devrient (G+D) unveiled a self hosted cryptocurrency wallet solution, G+D Convego TruSafe, which it aims to distribute via banks. One of the interesting features is it provides a key recovery service.
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