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The increase will push up the cost of borrowing money for things such as mortgages and credit cards but can offer a boost to savers. #InterestRates #BankOfEngland #Mortgage #Money #BBCNews
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Binance has set aside more than US$6.3 billion (S$8b) of company funds to cover all the losses from a hack of its platform, said Binance co-CEO Richard Teng. The world’s biggest cryptocurrency exchange worked on Oct 31 to shore up public confidence after facing a record US$6.3 billion hacking incident, which analysts blamed on North Korea and said could be the largest financial heist of all time. #Binance #crypto #cryptocurrency #hacking #viralnews #StraitsTimes
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I guess there are advantages. Investing involves risks. This is not financial advice. Past performance is no guarantee of future results.
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Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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The BBC licence fee is set to breach the £200 barrier within five years, according to new projections from the Office for Budget Responsibility. The annual charge, currently standing at £180, will climb to £202.60 by 2031 as the broadcaster's financial outlook continues to deteriorate. #GBNews #TV
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Free guide: FatFireClub.com/5ways Work With Jim: FatFireClub.com/WWJ My name is Jim Chuong. I’m a Canadian investor and entrepreneur that invests in U.S. stocks and U.S. real estate. I help Entrepreneurs & Founders go from $0 to making $10K with social media. Education. Not advice. Consult your financial adviser. Individuals and business owners should evaluate their own business strategies, and identify potential risks. The information shared is not a guarantee of success. Your results may vary.
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