El Salvador President Nayib Bukele. MARVIN RECINOS/AFP via Getty Images El Salvador’s finance minister said the country still plans to issue a bitcoin bond using blockchain technology, Bloomberg reported. The nation purchased 2,381 bitcoin tokens with public funds since making the crypto legal tender last year. In total, those investments are worth about 50% less…
Monthly Archives: July 2022
Digital banking channels are celebrating increased momentum as a result of the pandemic. This digital banking behavior will likely continue to evolve, spurring banks to satisfy customers’ digital demands. Do you work in the Banking industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research. The following is…
Buying zero-coupon bonds can be a good deal for forward-thinking investors: Get a discount price now, reap the bond’s full value down the road. Compassionate Eye Foundation/Natasha Alipour Faridani/ Getty Images A zero-coupon bond doesn’t pay periodic interest, but instead sells at a deep discount, paying its full face value at maturity.Zeros-coupon bonds are ideal…
Senate Majority Leader Chuck Schumer holds a news conference following the weekly Democratic caucus policy luncheon in the Senate Radio-TV Gallery at the U.S. Capitol on July 19, 2022 in Washington, DC. Chip Somodevilla/Getty Images Schumer’s latest deals bolster his case for keeping the majority in 2023, a strategist says. Should Republicans retake the House,…
For sale signs stand on a medium strip in a housing development Mark Wilson/Getty Images Housing market demand continues to tumble even as mortgage rates have dipped, Freddie Mac said. The 30-year fixed rate fell to 5.30% for the week ending Thursday from 5.54%. “We are seeing a period of deflated sales activity until the…
President Joe Biden pictured with granddaughter Naomi in 2011. Ng Han Guan-Pool/Getty Images Naomi Biden announced she would have a White House wedding earlier this year. In a tweet, Naomi shared she will host the ceremony on the South Lawn. Naomi, 28, is one of Hunter Biden’s daughters. Naomi Biden, President Joe Biden’s granddaughter, has…
Marcus Mainka/Shutterstock JetBlue Airways and Spirit Airlines are set to merge in a groundbreaking $3.8 billion deal. Analysts say the merger could be good for consumers in terms of product but low fares aren’t a sure thing. Third Bridge analyst Christopher Raite says the “JetBlue effect” will impact legacy airline ticket prices. Spirit Airlines and…
Kazi Awal/Insider Westend61/Getty Images Hospital closures are symptomatic of broken healthcare infrastructure in rural America. Homeward, a healthcare startup, is using a hybrid model to pioneer a new way of patient care. This article is part of the “Innovation at Work” series exploring the trends and the barriers to workplace transformation. Rural America is home…
Automakers might just get the EV tax credit extension they’ve been hoping for. Bloomberg and InsideEVs claim Senators Chuck Schumer and Joe Manchin have reached an agreement on the Inflation Reduction Act that would replace the 200,000-unit cap on federal EV tax credits with a system that would restore those perks for GM, Tesla and…
Each month, Xbox gamers can download and play a selection of free games as part of an Xbox Live Gold subscription. Xbox Live Gold is more than just free games though. It also gives Xbox Series X, Xbox Series S, Xbox One X, Xbox One S and even original Xbox One owners the chance to…