This couple took out an adjustable-rate mortgage when rates were over 8%. Here’s how it worked out.
Adjustablerate mortgages have made a comeback as mortgage rates surge and buyers seek relief from high housing costs. Source:MarketWatch
Mark Zuckerberg is coming for Apple’s empire
Apple has a grip on consumer technology through its iPhone business, but Meta is betting that the AI era warrants different types of hardware.…
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered…
New York, Wyoming regulators sign pact to coordinate crypto oversight
The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement…
30-year mortgage rate posts biggest jump in four years — to nearly 7.3%
Mortgage rates surged to roughly a threeyear high, a fresh setback for an already depressed housing market. Source:MarketWatch
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. Source:Cointelegraph
NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals. Source:Cointelegraph
Tesla’s delivery report is just around the corner. Expect a sales drop.
Investors have become less interested in Tesla’s EV business lately, but Friday’s report still has the potential to be marketmoving. Source:MarketWatch
U.S. manufacturers say inflation is bad and not getting any better
American manufacturers are expanding and have plenty of new orders, but high energy prices and new Trump tariffs appear to be blocking even faster growth.…
SEC’s Division of Examinations Announces New Exam Handbook
The Securities and Exchange Commission’s Division of Examinations today published its new handbook, “The SEC Exam Handbook: A Practical Guide on Process and…
Crypto for Advisors: The CLARITY Act failed, but the rules came anyway
Source:CoinDesk
September jobs report may show labor market is on the mend — but it’s far from cured
The U.S. job market has been stuck in what economists call a lowhire, low fire mode for the past two years — and the September employment report is likely to…