Visa recently announced its plans to launch a dedicated service for bank transfers in Europe, bypassing the traditional credit cards and direct debit processes. This move signifies a shift in the company’s strategy to adapt to the changing payment landscape, with a focus on increasing user control and security in payments. One of the major
App
In London, a significant number of landlords are choosing to sell their buy-to-let properties due to anticipated tax hikes from the U.K. Labour government. Recent data shows that almost one-third of homes for sale in the capital were previously rented out, indicating a growing trend of landlords exiting the market. This spike is reflective of
The mortgage market is currently experiencing a significant shift towards refinancing, with demand heavily skewed in that direction. According to the Mortgage Bankers Association, total mortgage application volume increased by just 1.6% last week, largely driven by refinancing applications. This shift is a result of interest rates declining for the fifth consecutive week. The average
Tiger 21’s recent asset allocation report sheds light on its members’ investment preferences, particularly their attitudes toward investing in Nvidia. With over half of the network’s members choosing not to invest in the chip giant, it raises questions about their risk appetite and investment strategies. The report reveals that 43% of members who have invested
British fintech company Zilch recently disclosed that it achieved its first-ever month of profit, signaling a significant achievement for the organization as it sets its sights on a potential initial public offering. The company, which operates in the buy now, pay later space and competes with prominent players like Klarna and Block, revealed that it
With the return of football, it is no surprise that the American Gaming Association projects a record-breaking $35 billion worth of bets to be placed this NFL season. This represents a significant increase of over 30% compared to last year’s figures. Despite the growth in sports betting, the performance of gambling company stocks hasn’t mirrored
Steph Curry, renowned for his impressive basketball accolades, is already looking towards the future beyond the NBA. In a recent interview with CNBC’s “Squawk on the Street,” the 10-time NBA All-Star discussed his plans for life after basketball. Despite just signing a one-year, $62.6 million contract extension with the Golden State Warriors, Curry is focused
Many younger retirees in America rely on Marketplace health insurance as they are not eligible for Medicare before the age of 65. According to data from the Kaiser Family Foundation, more than 5.1 million Americans aged 55 to 64 had Marketplace coverage in 2024, up from roughly 3.4 million in 2021. This is largely due
CrowdStrike, a cybersecurity software maker, recently reported strong fiscal second-quarter results but faced a significant setback due to a global outage. Despite exceeding analyst expectations in terms of earnings per share and revenue, the company’s shares slipped 4% in extended trading. This decline was primarily attributed to a flawed content configuration update that caused widespread
Sports team owners are currently experiencing not only the financial benefits of the soaring values of their teams but also the pressure that comes from two significant factors in American wealth – death and taxes. As the average age of team owners increases and team values reach into the billions, owners and leagues are now