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Real Estate

[England] “Mortgage crisis to wipe out savings of 1.2 [MILLION] households as repayments set to surge”

“The mortgage crisis will wipe out the savings of 1.2m families this year and push many into insolvency, economists have warned. Households having to remortgage face their bills rising by nearly 50pc, according to the National Institute of Economic and Social Research… Continue Reading…

Cryptocurrencies

“Supreme Court rules in favor of Coinbase in arbitration dispute”

“The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase Global Inc ’s bid to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration, which businesses often prefer over litigation.… Continue Reading…

Personal Finance

“57% of people are uncomfortable with their level of emergency savings. Here’s how much they think they need”

“…But when it comes to emergency savings, more than half of Americans — 57% — are uncomfortable with the level of money they have set aside, according to a new Bankrate survey… To feel comfortable with their amount of cash… Continue Reading…

Energy

“Siemens Energy shares plunge more than 37% as wind turbine worries deepen”

“Siemens Energy shares plunged over 37% on Friday after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last for years… Siemens Energy estimates that component failures may be occurring in between… Continue Reading…

Cryptocurrencies

“Bitcoin Jumps on Speculation BlackRock ‘May Know Something’”

“BlackRock Inc.’s surprise filing for a US spot Bitcoin exchange-traded fund last week has led to a flurry of similar applications from rival issuers and speculation that the asset manager has key insights that will lead to approval of its… Continue Reading…

Business

“Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets”

“Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according to court records filed early Thursday.  The e-commerce discounter, which was selected as the stalking horse bidder for Bed Bath’s… Continue Reading…

Business

“Boycotts rarely work — but anti-LGBTQ+ backlash is forcing companies into tough choices”

“…As boycotts move beyond social-media-fueled outrage, companies like Anheuser-Busch, Target and Disney are facing monthslong public relations fiascos that have resulted in market share losses, C-suite shake-ups, legal battles and even threats to employees. In some cases, corporations have drawn the ire of conservative customers… Continue Reading…

Business

“The problem with ESG funds—and how to make a ‘real impact’ with your money: Financial expert”

“…Many people don’t love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. But boycotting a company’s stocks doesn’t work the same way as boycotting its products…” https://www.cnbc.com/2023/06/22/how-to-move-beyond-esg-funds-and-make-a-real-impact-with-your-money-financial-expert-.html Not in love? They hate it. Also… Continue Reading…

Business, Energy

“This Really Needs To Stop’: Elon Musk Just Slammed Ireland’s Plans To Slaughter 200K Cows For Climate Change…”

“Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of… Continue Reading…

Economy, Personal Finance

“More Americans Are Getting Auto Loans That Exceed the Worth of Their Cars”

“…Used car loan-to-value ratios increased to 125 in the first three months of this year from 104 for the same period in 2021, according to the study released Tuesday by credit reporting firm TransUnion and market researcher J.D. Power. A… Continue Reading…