The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank in the country by assets, Unionbank, will leverage Metaco’s platform Harmonize to pilot the crypto services for clients. Unionbank to Provide Bitcoin and Ethereum Custody and
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Tracey Ryniec uncovers two top stocks that are flying under the radar. Blue Buffalo Pet Products: https://www.zacks.com/stock/quote/BUFF?cid=CS-YOUTUBE-FT-VID Pool Corporation: https://www.zacks.com/stock/quote/POOL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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America’s love affair with the car won’t be disrupted by recent high-profile infrastructure and climate bills.  Driving-related programs like electrifying cars and improving roads receive 66% of transportation-related funding in the Bipartisan Infrastructure Law and the Inflation Reduction Act, according to a Nov. 1 Brookings Metro analysis. Outside of driving-related programs, however, the bills offer
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Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-principle approval for a Major Payments Institution License allowing it to issue cryptocurrencies and facilitate domestic and cross-border payments while Paxos received its license to offer digital payment token
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Israel’s former prime minister Benjamin Netanyahu is in pole position to emerge victorious from Tuesday’s parliamentary elections, according to exit polls that put his rightwing bloc on course for a razor-thin majority. Polls by Israel’s three main television channels, released after voting closed, forecast that a bloc combining Netanyahu’s Likud party, the extreme-right Religious Zionism
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U.S. Federal Reserve Board Chairman Jerome Powell takes questions from reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, June 15, 2022. Elizabeth Frantz
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BondLink has hired industry veteran Bill Fazioli as its first ever regional director of issuer solutions. Throughout his 35 years in the industry, Fazioli has seen a lot of innovations over the years as an issuer and municipal advisor. He said the tools that BondLink can provide issuers and investors is that next big thing
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The current investment climate in the United States is volatile. The Bureau of Economic Analysis’s third-quarter GDP readings, while positive, reveal a lackluster performance by the U.S. economy. Inflation is high, and the financial markets remain unpredictable. Recession is on everyone’s minds, and experts from Fannie Mae to Freddie Mac are predicting downturns. In times
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With a 75 basis point rate hike expected, analysts will focus on clues about the Federal Open Market Committee’s thought about slowing future increases. “We expect the Federal Reserve to raise the fed funds rate by another 75 basis points at the November meeting, followed by a 50 basis points hike in December,” noted Scott
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Luiz Inácio Lula da Silva claimed a nail-biting victory in Brazil’s presidential election on Sunday, defeating incumbent rightwing leader Jair Bolsonaro by less than two percentage points and setting the stage for a return to leftwing governance in Latin America’s largest nation. The tight result tops off a dramatic comeback for the 77-year-old opposition leader,
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Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares of the e-commerce giant plunged as much as about 19% in extended trading Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter
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In this article TRU Follow your favorite stocksCREATE FREE ACCOUNT From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, with another rate hike likely on the way next week. “Borrowers are feeling
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