Author: Jordan

Investment bank TD Cowen’s Washington research team managing director Jaret Seiberg released a report on Tuesday stating that the political environment surrounding the CLARITY Act is continuing to deteriorate, and the likelihood of this cryptocurrency market structure bill passing this year is decreasing. Seiberg pointed out that recent controversies involving President Trump make it difficult for Democrats to support the bill without a conflict of interest clause. Seiberg indicated that these events have increased pressure on Democrats to include a conflict of interest clause targeting the president, while also making Republicans reluctant to push legislation that could force them to…

CommoditiesLoss of Middle East supply to affect market balance through 2027Japan’s auto industry relies heavily on aluminum and related products from the Middle East. (Source photos by Reuters) AKANE OKUTSU and YURIKA YONEDATOKYO — The loss of aluminum supplies from the Middle East is expected to raise prices through 2027, and with shortages looming for the nonferrous metal and related alloy products, key buyers, including the Japanese auto industry, are taking the strain. Source link

Headline inflation cooled over April, with both the effects of the global energy shock and the government’s cost-of-living relief measures flowing through to the Australian economy.Data published with the Australian Bureau of Statistics (ABS) on Wednesday shows the Consumer Price Index rose 4.2% for the 12 months to April, down from a near-three year high of 4.6% in March.The cooling is notably more than economists had anticipated but comes largely off the back of the government halving the fuel excise at the start of last month.The full effect of the tax – levied by governments on the sale of petrol…

The revamp aims to release funds soonerParagon Bank is streamlining the application process for its buy-to-let mortgage further advance offering to issue offers and funds sooner, following feedback from brokers. It is also reducing the minimum loan size to £2,000 and has cut rates by 20bps.Further advances will be migrated onto the company’s enhanced mortgage originations platform, already in use for its other buy-to-let mortgage applications.If no property inspection is required, it will enable Paragon to issue offers in as little as 48 hours, allowing landlords to receive funds within 24 hours of the lender receiving a signed offer acceptance.Automated…

2. WiseWise, formerly TransferWise, is a popular prepaid travel card Australia option for customers who want a simple account with an upfront fee structure. It’s well-known for using the mid-market exchange rate for all conversions. Wise is useful for travellers visiting multiple countries because it supports various currencies and automatically converts them when needed. However, its no-fee ATM withdrawal allowance is relatively limited, which may be a drawback for those who rely heavily on cash.Monthly fee: $0.Exchange rate: mid-market rate. Wise charges a small, transparent conversion fee, which varies depending on the currencies you’re exchanging.ATM withdrawal limits: you can make…

  Greek gold hand chains earn their place in summer jewelry when the build is solid, the drape is balanced, and the design carries something real. The best pieces move from linen at lunch to evening tailoring without pinching the finger, fighting wrist flexion, or looking costume-like. The seven pieces below all come from ENEA Studio, a family workshop that has been handcrafting gold jewelry in Athens since 1953. Three generations of goldsmiths work from the same workshop, and every piece is made in recycled solid gold, available in 14k yellow, 14k white, and 10k yellow gold depending on the…

Welcome to my column, Young & Invested, where I discuss personal finance and investing for Gen Z and Millennials. This column aims to be a resource for young investors navigating an ever changing financial, political and social landscape as they try to build wealth. Tune in every Thursday for the latest edition. Edition 65 The federal Budget has generated plenty of noise over the past few weeks. According to google trends there’s been a significant uptick in searches for ‘New Zealand tax rules’. Before you pack up and move to greener pastures, it’s worth remembering that a shift in tax policy…

Stocks climb to records The US stock market rose to records on Tuesday as it caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were “proceeding nicely” with Iran on ending their war. The S&P 500 climbed 0.6% after trading resumed following Monday’s Memorial Day holiday and set an all-time high. The Nasdaq Composite rallied 1.2% to set its own record, while the Dow Jones Industrial Average dipped 118 points, or 0.2%, from its all-time high. Stock markets in much of the rest of the world pulled back from their…

May 27, 2026 Jeffrey Christian of CPM Group recently provided an assessment of gold, silver, platinum, and palladium prices, before shifting attention to copper. According to the analysis from CPM Group, the precious metals appear to be moving into a seasonal consolidation phase during the summer period.Gold is currently trading near $4,500 per ounce, while silver remains within its established trading range. Platinum and palladium are also moving inside broader price bands.Regarding copper, CPM Group maintains a constructive long-term outlook but is less bullish than many other market participants. Christian argued that demand drivers for copper—including construction, electrification, vehicles, power…

Foresters Financial says it earned a total comprehensive income of $166.2 million in its 2025 annual report. Total comprehensive income measures profitability mainly from insurance earnings, net investment returns and capital markets impacts. Annualized weighted sales were $384.8 million in 2025, up 14.5% from a year prior, primarily driven by North American insurance sales. At the same time, gross life insurance premiums were $1.4 billion, up 2.8% compared to 2024. Insurance revenue was $954 million in 2025, compared to $910 million in 2024. Meanwhile, the insurer experienced an insurance service result loss of $89 million, compared to a $190 million…