The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry. The regulation reports to create enhanced due diligence measures and checks on customer’s identity. Obliged entities, such as banks or cryptocurrency asset managers, have to report
WASHINGTON — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100,
LOS ANGELES — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate on a 30-year mortgage rose to 7.1% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A year
Asian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the “Magnificent Seven.” By YURI KAGEYAMA AP Business Writer April 25, 2024, 2:14 AM ET • 4 min read TOKYO — Asian shares mostly declined Thursday as investors awaited a flood of global
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a
The Vigo County School Board on Monday rejected a purchase agreement that would have enabled Sweatbox Gym to purchase the former Chauncey Rose property at 13th and Locust streets from the Terre Haute Boys & Girls Club. The sale required the school board’s approval. According to Superintendent Chris Himsel, when the district transferred the Chauncey
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In short: Bitcoin’s latest “halving” — designed to reduce the rate at which new tokens are released into circulation — is complete. The halving resulted in a value fall to $99,340. Sceptics see it as little more than a technical change talked up by speculators to inflate the virtual currency’s price. Bitcoin, the world’s largest cryptocurrency, has
For borrowers in a still-hot housing market, getting approved for a mortgage can be a challenge. Mortgage rates have soared from pandemic-era lows, home values are near record highs and home price appreciation is outpacing wage growth. All of that means there’s no guarantee a lender will approve your mortgage application. Here’s a look at
Persistently high interest rates have led Missouri lawmakers to significantly expand a state loan program for farmers and small businesses By DAVID A. LIEB Associated Press April 18, 2024, 3:38 PM ET • 2 min read JEFFERSON CITY, Mo. — Missouri lawmakers gave final approval Thursday to significantly expand a low-interest loan program for farmers