Well before the pandemic drove online adoption, the consumer shift toward a digital, personalized banking experience was on an upward trend. For financial institutions looking to capture the millennial and Gen Z demographic, it’s increasingly important to rethink card member acquisition approaches and prioritize automated, hyper-personalized programs. In this Arizent Leaders forum interview with American
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Bitcoin’s (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S. Securities and Exchange Commission (SEC)
“Give the market time to prove you right” – is the main message of this video. Traders often manage to predict the market but don’t have the patience or the technical skills to place their stop loss at the right level. David gives the three most vital tips for placing stop loss levels and the
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images A female former employee of Elon Musk’s SpaceX alleged in an essay published Tuesday that the space company’s workplace is “rife with sexism” and that its
In this article ROKU CCMP BLMN Simone Baribeau | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday: Medtronic — The medical technology company’s shares declined 6.7% after Medtronic revealed its diabetes business received a warning letter from the Food and Drug Administration on Dec. 9 about the inadequacy of
Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank’s plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020. Following the announcement, Bitcoin (BTC) price tacked on a
When Eddy recently opened its third Los Angeles, Calif.-area co-living community, Eddy East Hollywood, the buzz centered on the company providing a cost-effective option for young Angelenos and LA transplants hard-pressed to find affordable apartments. But despite the fact Eddy East Hollywood opened at the start of the 2021-22 academic year, many overlooked a key
In this article COLM CLBK The days of rock-bottom rates are nearly over. The central bank will aggressively unwind last year’s bond buying sooner than originally planned after recent reports on inflation continued to show a sharp rise in prices. While the Federal Reserve said Wednesday that interest rates will stay near zero for now,
Municipals were lightly traded and ignored moves to higher yields in U.S. Treasuries Wednesday while equities rallied after the Federal Open Market Committee doubled the speed of its taper and projected three rate hikes in 2022. “It would seem that today’s decision was a first move by the Fed to restore its credibility as an
Tokyo-based financial services giant SBI Holdings announced a joint investment in Coinhako, Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS). The Coinhako investment was made via a fund jointly set up by SBI and Swiss-based Sygnum Bank, namely, the SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) Fund, according to the notice. Speaking
Eight states including Illinois and New York with unemployment trust loans owed to the federal government called on Treasury Secretary Janet Yellen to reinstate an expired waiver on interest to buy more time to resolve the debts. The interest waiver expired Sept. 6 and states with remaining balances are now paying 2.27% interest on what’s
Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters The Federal Reserve is expected to announce a dramatic policy shift Wednesday that will clear the way for a first interest rate hike next year. Markets are anticipating the Fed
The New York Design Center conducted a poll of over 40 interior designers across the United States, who found that, post-pandemic, we will continue to invest in our homes. Designers determined that, though the real estate market is inflated, 79% of people are still spending money to renovate the homes they purchased. “We’re seeing clients
Homes in Elgin, Illinois. Daniel Acker | Bloomberg | Getty Images American homeowners are house rich, sitting on a record amount of home equity. Taking advantage of all that extra cash, however, becomes more difficult as interest rates rise. Soaring housing demand over the past year and a half, driven in large part by the
It was Groundhog Day for municipals as triple-A benchmark yields held steady on Tuesday while Treasuries were weaker and equities sold off. Triple-A yield curves were unchanged on the day and mostly have not budged but a basis point in spots since the end of November. Most generic benchmark curves have remained static all month
Munis started off quiet this week ahead of some big deals on tap, with new issuance totaling nearly $8 billion. Triple-A yield curves were little changed on the day while U.S. Treasuries were stronger. Ratios were slightly higher with the five-year muni-to-UST ratio at 49% in five years, 72% in 10 and 82% in 30,
In this article MS Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. “I was wrong on this,” he told CNBC’s Wilfred Frost Monday on “Closing Bell.” “I thought we would have
In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses