Retail investors are pulling more than €1 billion a month from real estate funds in Europe, with slumping demand and a surge in borrowing costs raising concerns about commercial propertyvaluations.
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Netflix Documentary Exposes Centra Tech Crypto Scam
In a recent documentary titled “Bitconned,” released on Netflix, viewers are provided with a comprehensive exploration of the dark underbelly of the cryptocurrency world, unveiling a tale of deception, fraud, and the ominous rise of dubious crypto ventures. The documentary spotlights Centra Tech, one of several high-profile crypto scams that emerged in recent years, revealing the intricate web of deceit that allowed the company to amass millions of dollars daily.
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Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond.
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Can AI Beat the Market? Wall Street Is Desperate to Try
Those seeking to build the perfect money machine are discovering the technology doesn’t always work as planned.
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Global Household Wealth Drops for First Time Since 2008 Financial Crisis
Global household wealth fell last year for the first time since the financial crisis in 2008, as inflation and the appreciation of the US dollar wiped some $11.3 trillion off assets.
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SEC requests court order to temporarily freeze assets of Binance’s U.S. affiliate
The U.S. Securities and Exchange Commission on Tuesday asked a judge to grant a temporary restraining order to freeze assets tied to Binance.
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The World’s Best Banks
Not that long ago, the most any bank did to curry customer confidence was slap the word “Trust” on their names.
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With Credit Suisse Crisis Under Control, SNB Raises Benchmark Rate
The Swiss National Bank said the crisis surrounding Credit Suisse has been halted. It raised its benchmark rate by another 50 basis points.