Author: Jordan

NEW YORK: Bitcoin’s slide back below US$60,000 is reviving a fear that has largely been absent from crypto for the past two years: what happens when the market’s biggest buyer comes under pressure just as retail traders lose interest.The cryptocurrency fell through a closely watched support level on Wednesday as investors grappled with growing concerns about Michael Saylor’s financing machine at Strategy Inc and a broader retreat by individual traders, many of whom have shifted their attention – and capital – to artificial intelligence stocks.“The market is repricing the whole MSTR and STRC flywheel,” said Shiliang Tang, managing partner at…

BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. TORONTO — Commodity prices helped lift Canada’s main stock index on Thursday as U.S. markets posted mixed results. The S&P/TSX composite index was up 114.12 points at 34,850.21.  “For Canada (and) the TSX, the rise in commodity prices and precious metals specifically, is helping the index outperform U.S. equities. That is driven by some renewed geopolitical worries around the Strait of Hormuz,” said Angelo Kourkafas, senior global ​investment strategist at Edward Jones. The August gold contract was up US$38.80 at US$4,047.60 an ounce.At…

Tesla’s (TSLA 0.28%) market cap is currently hovering around $1.2 trillion. Over the last three years, shares have soared by more than 50%. What many investors may not realize, however, is that Tesla’s auto sales are actually declining. Last year, Tesla’s auto sales fell by 8%. In 2024, auto sales were down by around 1%. Tesla’s core auto manufacturing business is by no means cratering. But it does raise the question: Why are shares doing so well despite declining sales in its biggest business segment? The answer to this question is undoubtedly artificial intelligence. Autonomous driving is increasingly made possible…

Yes Bank reports unauthorised forex card transactions worth Rs 2.5 crore. Investigation underway, chargebacks initiated.New Delhi, Feb 26 (PTI) Yes Bank on Thursday said it has detected unauthorised transactions worth USD 280,000 (Rs 2.5 crore) related to its multi-currency prepaid forex cards.Unauthorised transactions were carried out by Yes Bank’s Multi-Currency Prepaid Forex Card, which were issued in partnership with BookMyForex.These unauthorised transactions were attempted on specific BIN numbers only and these fraudulent transactions were carried out on 15 merchants that are based out of a Latin American country, in the early hours of February 24, 2026, Yes Bank said in…

Lender cuts rates across buy to let range Landlord Today Source link

Gonzalo Plata reacts quickest to direct Kevin Rodriuguez’ flick on over Manuel Neuer, to give Ecuador a 2-1 lead over Germany in their FIFA World Cup Group E match at the New York New Jersey Stadium.FOLLOW LIVE: Ecuador v GermanyAvailable to UK users only. Source link

A growing number of sellers are seeking pre-IPO stock rather than cash for their multimillion-dollar homes. It might be expected from a home seller near Silicon Valley, but reports of listings offering to sell for Anthropic or OpenAI shares have been seen in Miami and Brooklyn, as well as more than one residence in the San Francisco Bay Area.  That raises a basic question: Can someone buy a house with the private stock of companies soon to go public?  It may be legal, experts say, but there is at least one hurdle that may be impossible to clear.   Read more:…

The Mortgage Works has reduced buy-to-let mortgage rates by up to 0.25 percentage points – the third time it has cut pricing during June. The latest reductions, available to new customers, apply across selected one, two and 5-year fixed-rate mortgages within its buy-to-let and limited company buy-to-let ranges. The biggest reduction is a 0.25 percentage point cut to a 2-year fixed-rate limited company buy-to-let mortgage, which is now available at 4.09% with a 3% fee up to 75% loan-to-value. The lender has also reduced its 2-year fixed-rate buy-to-let mortgage at 65% loan-to-value to 3.19%, while its 5-year fixed-rate equivalent has…

(Kitco News) – Gold continues to hold support around $4,000 an ounce, but according to one market strategist, it’s only a matter of time before the precious metal heads lower as it faces challenging headwinds from a stronger U.S. dollar.In an interview with Kitco News, Carley Garner, veteran commodities trader and Co-Founder of DeCarley Trading, said that gold’s role as an important monetary hedge could face its biggest challenge in years if Federal Reserve Governor Kevin Warsh succeeds in reversing the years-long trend that has been described as the U.S. dollar “debasement trade.”Garner said that markets are underestimating the significance…

On remortgage products, cuts of up to 25bps apply across two-, three- and five-year fixed products up to 95% LTV. The two-year fixed at 60% LTV with a £999 fee moves to 4.49% (down 12bps), the three-year fixed at 75% LTV with no fee to 4.94% (down 25bps), and the five-year fixed at 60% LTV with a £999 fee to 4.59% (down 5bps). Existing Nationwide customers approaching the end of their current deal will see reductions of up to 14bps across two-, three- and five-year fixed products up to 90% LTV. The two-year fixed at 60% LTV with a £999…