Author: iannouncethis.com

Riot Platforms is a venture that is exclusively engaged in the mining activity of Bitcoin, or BTC. The Colorado-based mining venture has revealed that it was finally able to bring down the net loss in the second quarter of 2023. When compared with the second quarter of the previous year (2022), the number turned out to be pretty massive. Specifically speaking, its net loss for the second quarter of 2023 stands at $27.7 million. The number was previously around $353.6 million. Its learning has also gone up to touch the mark of $13.5 million against $5.7 million for the same…

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield Mortgages. The prime mortgage provider commissioned an independent survey among 2,000 UK adults, 667 of which have a mortgage. It found that 27% of mortgage customers in the UK have made one or more early lump-sum repayments over the past 12 months to reduce the size of their mortgages. This figure rises to 49% among borrowers on tracker or standard variable-rate mortgages. In addition, a quarter (25%) of those with a mortgage have re-mortgaged since June 2022 to secure…

Program Eligibility SNAP Must meet state guidelines WIC Women: Pregnant, breastfeeding, or postpartum Children: Under five years old. Must meet additional WIC requirements NSLP, SBP, and SFSP Less than 130% of poverty guidelines = free meals 130% to 185% of poverty guidelines = reduced-price meals Seniors 60 or older and must meet state guidelines Source: USA.gov. Healthcare Programs Six major government healthcare programs provide medical coverage for low-income and older Americans, children, veterans, and those who have recently lost their jobs. Medicare Medicare is a federal health insurance program primarily for those 65 and older. Medicare is commonly divided into…

Forrest Li, cofounder and chairman of Sea Ltd.Wei Leng Tay/Bloomberg Two billionaire cofounders of Sea Ltd. saw their net worths tumble overnight after the Singapore-based tech giant reported disappointing second quarter earnings, and laid out plans to bolster e-commerce investments which could put the company back in the red. Sea’s shares suffered their biggest daily drop since the company went public in 2017 on Tuesday, when they dived almost 29% on the New York Stock Exchange. The stock plunge erased roughly $1 billion of chairman and CEO Forrest Li’s fortunes, bringing his net worth to $2.5 billion on Forbes’ Real-Time…

Several crypto analysts have continued to predict what could trigger the next Bitcoin bull run. This time, co-founder of Delphi Digital Kevin Kelly has weighed in as he believes certain metrics could determine when the next bull run will occur. Bitcoin’s Consistent Four-Year Cycle On August 14, Kelly laid out some analysis in a Twitter thread, pointing out the consistency of past crypto market cycles and how they could impact the market going forward. He says that contrary to public opinion, the crypto market is “quite cyclical” and consistent in certain metrics, which usually mark the beginning and end of…

The overall average interest rate for personal loans fell 6 basis points this week to 20.59%, continuing in a downward pattern that started last week. The average annual percentage rate (APR) on personal loans briefly surpassed the 21.00% threshold two times since mid-May but dropped back below that level both times. Average interest rates segmented by credit tier decreased across most segments but rose dramatically for those with poor credit. Specifically, personal loan rates for borrowers with excellent credit dropped by 52 basis points, while those with good credit and poor credit saw rates fall by 6 and 32 basis…

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Crypto World explores why big banks are charging ahead with plans to tokenize real-world assets and put Wall Street on chain. Chapters: 00:00 – CNBC Crypto World, July 21, 2023 0:23 – XRP falls 1:37- The headlines 4:28- Future of tokenization For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV:…

Mailbox full of dollars, white backgroundgetty Let’s go ahead and build ourselves an “instant” income portfolio throwing off a rich 8.8% yield. A yield like that, after all, could put a dividends-only retirement within our reach. Or at the very least help you scale back your day job and make up the difference with dividend payouts. This, of course, is the essence of financial freedom, and my favorite high-yield assets, closed-end funds (CEFs), are our best play here. When we build our retirement with CEFs, we get to hold the top stocks, bonds and other assets, like publicly traded real…

Simple interest is the cost of using or borrowing money without compound interest or interest on interest. It’s relatively easy to calculate since you only need to base it on the principal amount of money borrowed and the time period. Simple interest works in your favor when you’re a borrower because it keeps the overall amount that you pay lower than it would be with compound interest; however, it can work against you when you’re an investor because you’ll want your returns to compound as much as possible to get the most from your investment. To understand how it works,…

Chicago Booth Professor of Finance & Former Reserve Bank of India Governor Raghuram Rajan joins Yahoo Finance Live to discuss the expectations for the Fed following turmoil across the banking sector and the outlook for the economy. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools…