June 17, 2025

business

Banking

Federal government says it will move open banking forward at ‘earliest opportunity’

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Mortgage

Mortgage rates likely to stay high through summer analysts say

See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop

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Banking

Banking on Trust: How Belize Balances Privacy and Compliance in the Global Financial System: By Luigi Wewege

In today’s financial world, trust is more than a virtue, it’s a currency. As global banking continues to evolve under the weight of new regulations, data transparency mandates, and geopolitical uncertainty, clients across the world are seeking something increasingly rare: institutions that can both protect their financial privacy and comply with international standards. Belize, quietly

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Investment

GM doubles down on American manufacturing with $4B investment

President Trump eases tariffs for automakers President Donald Trump signed an executive action to ease auto tariffs. The current 25% tariff leveled on imported cars will remain intact but that other similar tariffs, such as tariffs on steel and aluminum, will not stack on top of the 25% auto tariff, according to senior administration officials.

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Investment

Trump clears path for Nippon investment in US Steel, so long as it fits gov’t terms

WASHINGTON — President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement. But the iconic American steelmaker

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Investors

Investors’ condo buying hits one of the lowest levels in 10 years

Investors’ condo purchasing has dropped to one of its lowest levels in the past 10 years — in a shift driven largely by their retreat from Florida, a new study shows. The analysis, conducted by real estate brokerage firm Redfin, examined county-level home purchase records across 39 of the most populous U.S. metropolitan areas dating

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Investors

Foreign investors buy Japanese stocks, bonds for 10th week

Foreign investors flocked to Japanese stocks and bonds last week, driven by hopes of a U.S.-China trade deal, a strong demand at a 10-year note auction and a softening yen following a sharp rally that had threatened exporters’ earnings. The Ministry of Finance’s data showed a 10-week streak of foreign investments in Japanese stocks, with

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Crypto

NYC crypto kidnapping accuser allegedly seen in photos on days he says he was captive

NEW YORK (AP) — A man who says he was kidnapped by two crypto investors for his Bitcoin was seen in photos and videos “laughing and smiling” and moving about Manhattan freely during the days he claimed he was held captive and tortured, lawyers for the two suspects said in court Wednesday. William Duplessie, 32,

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Crypto

publicly traded companies buying bunches of bitcoin

By ALAN SUDERMAN It’s one of crypto’s hottest trends: publicly traded companies buying bitcoin and then buying even more. President Donald Trump’s media company just announced a plan to raise $2.5 billion to buy bitcoin, joining a growing number of so-called “bitcoin treasury companies” as the world’s most popular cryptocurrency hits all-time highs. The companies

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Banking

Senate Banking would zero out CFPB funding in reconciliation

The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of

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