May 5, 2025

News

Investors

‘Golden visa’ shutting out Chinese investors, legal experts say

Photo: RNZ Legal experts have been left perplexed by Immigration New Zealand’s interpretation of regulations related to the investment visa pathway for Chinese nationals. The government upgraded the Active Investor Plus visa on 1 April to help encourage growth and make investing in New Zealand more attractive for overseas individuals. The updated information on Immigration

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Crypto

Skyrocketing Number of Crypto Projects Can Be Attributed to Launch of Pump.fun, According to CoinGecko

The number of crypto projects that launched over the past four years has skyrocketed by over 1,500%, according to new data from the leading market aggregator CoinGecko. In a new report, CoinGecko says only 428,383 crypto projects were launched in 2021 and listed on the decentralized exchange (DEX) tracker GeckoTerminal. But by 2025, that number

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Investors

After decades of index fund dominance, investors are getting more active in trading the market – NBC New York

Recent exchange-traded fund flows show that actively managed equity ETFs are taking in more assets than index fund alternatives. The rise of younger retail investors, the recent market volatility, and a boom in the launch of new active ETFs covering many market asset classes are all contributing to the shift. While ETF experts say index

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Funds

Trump wants to stop funding NPR, PBS. Will order affect Mississippi?

President Donald Trump signs order to cut PBS and NPR funding President Donald Trump signed an executive order to stop directly funding PBS and NPR. President Trump signed an executive order to defund NPR and PBS, claiming left-wing bias. A Pew Research poll shows more Americans support continued federal funding for public broadcasting than oppose

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Finance

Oakland finance director resigns; mayor delays release of budget

OAKLAND — Oakland’s interim mayor is delaying the release of a deeply consequential, two-year budget proposal that had been expected to detail how the city would balance a looming $265 million budget shortfall. The move by Interim Mayor Kevin Jenkins comes just two weeks after Oakland’s top finance official quietly resigned from the job she’s

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Mortgage

Mortgage rates dipped. Is it enough help the housing market?

How to use a bolt, nut, screw gauge Using a bolt, nut and screw gauge takes the guesswork out of your project, helping you quickly identify the exact size you need. Rates for home loans dipped, but consumers’ economic uncertainty continues to weigh down the housing market. In the week ending May 1, 30-year fixed-rate

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Finance

Ohio Influencer charged with fraud in Ponzi scheme

Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding

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Crypto

Trump rewrites crypto rules in first 100 days, industry celebrates ‘180 pivot’ from Biden years – NBC New York

President Trump’s appointments at top financial regulators mark a sharp policy reversal for the crypto industry. Coinbase executives say the administration has been methodical and bipartisan in its push to integrate crypto into the $100 trillion capital markets. The Federal Reserve remains the last major regulatory holdout, with key restrictions on crypto banking still in

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Funds

Caltrain employee guilty of using public funds to build secret apartment in train station – The Mercury News

REDWOOD CITY – A jury on Wednesday found a former Caltrain deputy director guilty of embezzling public funds to build a personal “crash pad” in a historic Burlingame train station, declining the defense’s argument that his supervisor had given him permission to put the funds toward renovating the apartment and residing there while working 80-hour

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Funds

Texas Senate passes bill to limit Harris County’s authority over millions of surplus toll road funds – Houston Public Media

Lucio Vasquez / Houston Public Media A car drives through an electronic tolling facility on the Hardy Toll Road on March 14, 2022. State legislation that would require Harris County to send 30% of its surplus toll road funds to the City of Houston is one step closer to becoming law after passing the Texas

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