May 16, 2024
Crypto

FTX founder Sam Bankman-Fried’s lawyer asks judge to reject 100-year recommended sentence

NEW YORK — Sam Bankman-Fried’s lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is “grotesque” and “barbaric” and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes. In presentence arguments filed just

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Mortgage

My $550K home has a 2.5% mortgage rate, but I don’t like the area. Do I sell?

My husband and I can’t decide between selling our house or renting it out. We live in Northern California in an area that we don’t like. The house is cute, we have a 2.5% interest rate and $262,000 left on our mortgage. The Redfin estimate for our home right now is $550,000.  We welcomed a

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Finance

Two years on, Ukraine’s economy has stabilised, but Western finance firms are finding their Russia exit tricky

Two years on from Russia’s invasion of Ukraine and global finance firms are still feeling the impact of the fallout, with many still scrambling to untangle their businesses from the region. The outlook for international finance giants in Russia remains on a knife-edge, as the country continues to face a host of challenges. These range

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Mortgage

Home sales rose in January as easing mortgage rates, inventory enticed homebuyers

Sales of previously occupied U.S. homes rose in January as homebuyers seized upon easing mortgage rates and a modest pickup in properties on the market By ALEX VEIGA AP Business Writer February 22, 2024, 10:16 AM ET • 2 min read LOS ANGELES — Sales of previously occupied U.S. homes rose in January as homebuyers

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Property

New York AG says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays. New York Attorney General Letitia

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Loans

Federal student loans for nearly 153,000 borrowers are being automatically canceled, Biden says | News

State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon Territory, Canada Zip Code Country United States of

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Crypto

Former Marine and crypto lawyer John Deaton to challenge Democratic Sen. Elizabeth Warren

Former U.S. Marine and cryptocurrency attorney John Deaton has announced that he is challenging Democratic U.S. Sen. Elizabeth Warren as she runs for her third term By STEVE LeBLANC Associated Press February 20, 2024, 11:19 AM ET • 3 min read BOSTON — Republican John Deaton, a former U.S. Marine and cryptocurrency attorney, announced Monday

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Mortgage

Average long-term U.S. mortgage rate rose this week to 6.77%, highest level in 10 weeks | News

LOS ANGELES — The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective homebuyers ahead of the spring homebuying season. The average rate on a 30-year mortgage rose to 6.77 percent from 6.64 percent last week, mortgage buyer Freddie Mac said Thursday. A year ago,

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Funds

Donor-Advised Funds are Effective Tools for Giving, Study Finds

A report on donor-advised funds issued Thursday morning from an independent, academic-led collaborative finds 54% of these philanthropic vehicles granted at least half of their assets to nonprofits within three years. It also found that half of all existing accounts are modest in size, with assets of US$50,000 or less.  The findings from the Donor-Advised

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Investment

The truth about investing: ‘Common sense’ can be the worst advice

In a recent article I offered the opinion that “common sense” is a dangerous trap that’s easy for investors to fall into. Some readers didn’t agree. So let’s explore this idea a bit, then you can make up your own mind. Common sense is a popular topic for authors. I have often recommended ​”The Little Book of Common

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