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Author: IA PressRoom
(Photo by Drew Angerer/Getty Images)Getty Images Key Takeaways White House officials and lawmakers have reached a deal in principle to raise the U.S. debt ceiling and avoid default The deal, which still has to pass in Congress, raises the debt ceiling and introduces spending cuts Coming this close to the brink of a US default may have lingering economic consequences It’s a good time to reevaluate your portfolio to minimize risk This weekend saw an agreement between The White House and Congress to raise the US debt ceiling and avoid what experts forecasted as certain economic catastrophe resulting in higher…
man in red long sleeve shirt standing on gray rock formation during daytimeTulove Grede, Velebit Even though it’s been nine years since I paid off my $40,000 student loan debt, I still vividly remember that time. I lived as frugally as possible and went to extreme lengths to put as much of my paycheck toward my debt, and there were so many times during that period when the grind of it felt almost too much to bear. My wife and I were living with her parents with virtually no privacy, my car was an old beater, my clothes were old…
Swedish property company SBB is considering options including an outright sale as the group at the heart of the Scandinavian country’s debt-fuelled real estate battles for survival.The board of Samhällsbyggnadsbolaget i Norden (SBB) said on Monday that its strategic review of the company had been expanded to include a sale of the whole group or parts of it but would not include a share issue.The embattled Swedish landlord is fighting against a cocktail of higher interest rates, falling property prices and tighter bank lending. Fitch became the second credit rating agency after S&P to cut SBB to junk status over fears about…
© Reuters. FILE PHOTO: An aerial view shows a cityscape in Bangkok, Thailand January 27, 2023. REUTERS/Ilan Rosenberg By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia’s second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital tourism sector. The economic recovery has been supported by a comprehensive and…
Ripple‘s investment partner Tranglo has revealed a significant move, collaborating with Al Ansari Exchange. Al Ansari is the largest forex and remittance firm in the United Arab Emirates (UAE). The UAE-based remittance firm boasts an enormous client base (of over three million) and completes approximately 130,000 transactions daily. Such figures show the exchange holds a massive position within the marketplace. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Tranglo stretches its footprints The collaboration represents a massive step for Tranglo’s expansion plans in the Middle East. Remember, the United Arabs Emirates is the…
Source: TradingViewThe Bitcoin price has risen by 2.5% in the past 24 hours, with its move to $27,896 helping the cryptocurrency market overall to gain by 2% in the same space of time.BTC is now up by 4% in a week but down by 5% in the last 30 days, although its gain today means it has risen above its 21 weekly EMA (exponential moving average), suggesting that more increases are in store.Its rise also signals potential rallies for lower cap altcoins and meme tokens, given that such cryptocurrencies tend to follow Bitcoin’s lead.And with Republican lawmakers agreeing a deal…
They received numerous threatening letters, too, Ms. Brandt-Duda said. One was written on the margins of an article about the incident from The New York Post, she said. The newspaper covered the case extensively and also published an opinion column arguing that the “president of the United States, supported by a fan-girl media, spouts irresponsible rhetoric that led to Ellingson’s death.”“Everything just exploded,” Ms. Brandt-Duda said.The county court and sheriff’s offices also received numerous threats, according to multiple local officials. On Sept. 29, 11 days after Mr. Ellingson’s death, the county prosecutor, Kara Brinster, dropped the initial charge of vehicular…
Ethereum (ETH), the second-largest crypto by market cap, gained around 3% over the past day to climb above $1,900 on Monday. The altcoin follows Bitcoin‘s moves. Invezz.com news revealed that Bitcoin renewed its upward momentum after the debt ceiling tentative deal. Ethereum sees increased optimism after an inactive whale address transferred ETH tokens over the weekend, breaking its eight-year dormancy. Meantime, crypto analysts believe Ether can soar toward the $2,000 value area, where it may encounter a challenging hurdle. The altcoin formed solid support at $1,786 – $1,839 (3.54M addresses purchased 8.85M Ether at this region). Buyers should prepare for…
Aetherium Acquisition gets Nasdaq non-compliance notice
Tech workers on Blind are discussing ways to find “low pressure” jobs. Some tech workers said they’d be willing to take lower pay in exchange for less stress. The golden era of tech is on its way out as tech workers continue to face mass layoffs. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app It could be a sign that tech’s rise-and-grind era is coming to an end: Over the past few months, hundreds of tech workers have taken to social media to discuss…
