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German banking report highlights the growing shift towards peer-to-peer and machine-to-machine … (+) payment transactions, which dilutes the importance of bank intermediation and sometimes becomes an obstacle .getty It may seem counterintuitive for banks to promote bankless payments, but a proof of concept report from the German Banking Industry Committee says that the company’s new money token “allows businesses to bypass intermediaries such as banks. “You can transfer funds directly from wallet to wallet.” Yes, you read that correctly! But if you think banks are finally giving in to decentralized finance, think again. This report suggests how banks can respond…
A home in East Orange that sold for $715,000 topped the list of the most expensive residential real estate sales in the East Orange area over the past week.A total of 14 residential real estate sales were recorded in the area over the past week, with an average price of $467,071. The average price per square foot was $190.The listed prices below are for real estate sales where title was recorded during the week of September 23rd, even though the property may have been sold previously.26 Amherst Street, East Orange, NJ10. $360,000, single-family home at 26 Amherst Street.A 3,126 square…
Subscribe to Fox News to access this content Plus, your account will give you exclusive access to select articles and other premium content for free. By entering your email address and pressing (Continue), you agree to the Fox News Terms of Use and Privacy Policy, including notice of financial incentives. Please enter a valid email address. Need help? Click here. The Nebraska Senate race is a hot topic with just a few weeks until the election, as independent candidates with controversial endorsements are vying to unseat Sen. Debbie Fischer (R-Nebraska). It is emerging as an election campaign.Mechanic and union leader…
Markets are trading near all-time highs thanks to encouraging economic indicators. However, U.S. stocks are slightly overvalued, according to Morningstar. Here are 33 of our favorite stocks from the company heading into the crucial fourth quarter. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app By clicking “Sign Up”, you agree to our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our settings page or by clicking “unsubscribe” at the bottom of the email. U.S. stocks are soaring on the back of good economic indicators…
Diversifying your portfolio is a good way to reduce risk. One way investors can diversify their portfolios is with Bitcoin (CRYPTO: BTC), and the Spot Bitcoin Exchange Traded Fund (ETF), which debuted in early 2024, is making it even easier. I did. These funds allow investors to add direct exposure to Bitcoin to their existing brokerage accounts, while avoiding the high fees and other hassles associated with crypto exchanges.There are some great options out there, but iShares Bitcoin Trust (NASDAQ: IBIT) stands out because it’s run by BlackRock, the world’s largest asset manager. According to the Wall Street Journal, it…
The performance of the Vanguard Long-Term Bond ETF (NYSEMKT:BLV) improved ahead of the Federal Reserve’s September federal funds rate cut. This makes perfect sense given the nature of long-term bonds.But before you rush to buy this exchange-traded fund (ETF), you need to understand both the pros and cons of owning it. Here’s why you should buy this ETF and why you might prefer owning a short-term bond ETF instead.What does Vanguard Long Term Bond ETF do?Without getting into the nitty-gritty of its investment approach, the Vanguard Long-Term Bond ETF purchases long-term bonds with investment-grade ratings. The end result will be…
LAFAYETTE, Mo. (KADN) — Lafayette property taxes are going up. All taxing districts in the parish have finished filing millage.The average homeowner in Lafayette Parish could see an increase in property taxes of up to $750 as various taxing agencies require more funds for their daily operations.Property tax increases are primarily driven by the sheriff’s office, the school system, and the Lafayette Consolidated Government.”And, like I said, the school board gets 40 percent of that, and the sheriff and LCG get another 40 percent of that, 45 percent,” Lafayette Parish Tax Assessor Conrad Comeau said. said. One of the total…
AI helps with content insurance claims Evin Moon’s report TAMPA, Fla. – As people in the Tampa Bay area continue to recover and move forward after Hurricane Helen, insurance claims are weighing heavily on many people’s minds. “To say it’s mind-boggling to see all this land piled up on the curb is probably an understatement,” attorney Charles Gallagher said. The difficult part is listing all the lost items, along with an estimated value, and charging the insurance adjuster for the “contents.” Read: Sarasota Police Remember Rescue of Hurricane Helen Victims “Contents is going to be a big issue with this…
Local senior care providers recently notified residents that they would be closing their doors at several locations, including community groups in Pennsylvania.Priority Healthcare, the third-party management company for Cambridge retirement communities, announced it will cease operations at several locations in Pennsylvania, including its Big Beaver and Brighton Township assisted living communities. Although a final operating date had not been announced as of Friday, residents of Cambridge Pointe Senior Living told a WPXI reporter that they had only a few weeks to find new accommodation. Ta.”As the third-party management team for Cambridge Retirement Community, we deeply regret the owner’s decision to…
India’s digital economy is growing at an unprecedented pace with increased data consumption, cloud adoption, and digital transformation, driving demand for reliable and scalable data center facilities.The expansion of AI is also further fueling this need, and to meet this demand, ST Telemedia Global Data Centers (STT GDC) is investing $3.2 billion (Rs. 26,000 crore) to expand its data center capacity in India. It has expanded to an impressive 550MW. Next five or six years.STT GDC is one of the country’s leading data center colocation service providers, and its latest investment enables the company to deliver much-needed infrastructure and scale…