PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto startups. According to a new report from Financial Times, Thiel and other investors – such as the CEO of military contracting company Anduril – to create a bank called Erebor, which references to
SIP has been gaining popularity among Indian Mutual fund investors, as it helps in Rupee Cost Averaging and also in investing in a disciplined manner without worrying about market volatility and timing the market. If you are wondering what “Rupee Cost Averaging” is, let’s briefly understand it. Rupee Cost Averaging (RCA) is a method where
Stock futures were little changed on Tuesday evening, after investors began the second half with a reduced appetite for technology stocks. Futures tied to the Dow Jones Industrial Average added 10 points. S&P 500 futures were marginally higher, while Nasdaq 100 futures advanced 0.07%. In regular trading, the blue-chip Dow advanced 400 points, while the
President Trump’s big bill passes Senate with help from JD Vance President Donald Trump’s amended bill was narrowly passed by the Senate, with Vice President JD Vance’s vote breaking the 50-50 tie. The Trump administration may eliminate federal funding for the 21st Century Community Learning Centers, impacting after-school programs nationwide. The cuts will affect nearly
Officials at South Suburban College in South Holland said they hope state funded projects, including a new atrium and long anticipated nursing and health care center, will reduce the stigma around community college and draw more students to their programs. The atrium within the college’s main entrance is undergoing improvements funded through a $500,000 grant
Anthony Di Pizio | The Motley Fool Nvidia CEO sells 100,000 shares of company stock Jensen Huang sold 100,000 Nvidia shares between June 20 and 23, bringing in nearly $15 million at an average price of $144.04 per share. Cheddar Nvidia (NASDAQ: NVDA) doesn’t disclose its exact customer list. However, the company is the leading
With the right agent, it’s still possible to find an affordable home. Mary Beth Eastman | for AddressUSA Right now, analysts are predicting that 30-year fixed mortgage rates will remain as they are, hovering between 6% and 7% for the next two years. While this can be disheartening news for potential homebuyers, finding an affordable
This is CNBC’s live blog covering European markets. Euro zone inflation risks tilted to downside, Belgium’s Wunsch says Risks to inflation and growth in the euro area are now tilted to the downside, Belgian central bank chief Pierre Wunsch told CNBC’s Annette Weisbach at the European Central Bank’s annual forum in Sintra. “There is a
Chairman Prof. Narada Fernando Chief Executive Officer Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion. Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent
Trading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into crypto. According to a Robinhood announcement, the retail trading app has launched US stock and exchange-traded fund (ETF) tokens in the EU. The stock tokens will be issued on the Ethereum (ETH) layer-2 blockchain Arbitrum