Following spot ETFs for Bitcoin and Ethereum, some enthusiasts think Dogecoin, Ripple and Litecoin could be next. REUTERS Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world’s top-performing assets in the first seven months of 2024 along with Nvidia, one of the “Magnificent 7” tech stocks on
Date 8/18/2024 2:07:37 PM (MENAFN– Jordan News Agency) Amman, August 18 (Petra) – The Agricultural Credit Corporation (ACC) has extended loans worth JD 2.616 million to 295 borrowers under the Irrigated and Rainfed Agricultural Land Development and Exploitation Project in the first half of 2024.This financial support is part
NEW YORK, Aug 15 (Reuters) – The average rate on the popular U.S. 30-year mortgage rate was little changed near the lowest level in over a year this week, as signs of cooling inflation have held down the Treasury bond yields used in setting home loan costs. The 30-year fixed-rate mortgage averaged 6.49% during the
Ethiopia allowed its currency to trade freely in a bid to attract investors as it awaits a bailout from the International Monetary Fund. The National Bank of Ethiopia permitted banks to buy and sell foreign currency at freely negotiated rates, according to a directive on its website. The central bank will make “only limited interventions
By Beto Yarce Updated: 49 minutes ago Published: 49 minutes ago (iStock/Getty Images) President Biden’s strategy to build the American economy from the middle out and bottom up has already garnered extraordinary results. This includes an unprecedented number of applications to start businesses than our nation has ever experienced: more small business applications have been
Ontario’s self-described Crypto King will likely remain bankrupt until criminal fraud and money laundering charges are resolved against the 25-year-old. Justice William Black dismissed Aiden Pleterski’s application for a discharge from his nearly two-year-long bankruptcy in a ruling released Thursday. “Mr. Pleterski’s conduct warrants an emphasis on public protection and accountability,” wrote the Ontario Superior
FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally
A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the
(Kitco News) – The U.S. labor market has defied all expectations in 2024, but sentiment has started to shift as five months of consecutive outperformance come to an end. Heading into the weekend, markets continue to digest the disappointing nonfarm payrolls numbers. The U.S. economy created 175,000 jobs last month, according to the Bureau of
A rising dollar spells trouble for investors
So why is the dollar so strong today? Three reasons. First, the US economy is on fire. It has shrugged off the last two years’ rising interest rates, creating new jobs, increasing wages and keeping a lid on unemployment. Money follows growth. The second reason is those interest rates, which are showing no signs of