Receive free US Treasury bonds updates We’ll send you a myFT Daily Digest email rounding up the latest US Treasury bonds news every morning. Bond yields on both sides of the Atlantic touched their highest levels for more than a decade on Wednesday as a sell-off in global fixed income continued. Yields on benchmark 10-year
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In Cuba’s capital, Havana, a Bitcoin community has emerged from an economically antagonistic environment.“Satoshi didn’t create Bitcoin for Cubans, but it really comes in handy for us,” Forte, co-founder of the aptly named local Bitcoin organization Cuba Bitcoin, tells Magazine. Cubans are turning to Bitcoin because their money is increasingly worthless. Zimbabwe, Venezuela and Lebanon
The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, the firm announced on Oct. 4. In conjunction with funding, MEXC and the
Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images As high home prices and interest rates push up monthly mortgage payments, it’s harder for many consumers to even get a mortgage in the first place. Last year, lenders
In this article NVS CALM Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 2.5% after the chipmaker announced it would be operating its programmable chip
Receive free Italy updates We’ll send you a myFT Daily Digest email rounding up the latest Italy news every morning. I remember the first time I stumbled on the mesmerising 1970s-era black-and-white video of Italian rock-and-roll icon Adriano Celentano belting out a song with the tell-tale nasal vowels and distinctive rhythm of American English, accompanied
Receive free US foreign policy updates We’ll send you a myFT Daily Digest email rounding up the latest US foreign policy news every morning. Volodymyr Zelenskyy says there is no “expiration date” on Ukraine’s willingness to fight Russia. But it is becoming increasingly hard to ignore the potential shelf life of America’s support for his
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The
May 22, 2011, began as a beautiful day in Joplin, Missouri. Families and friends gathered outside. Suddenly, the sky changed. Troy Bolander, who grew up in nearby Kansas, noticed the clouds beginning to swirl. He began to prepare his crawl space. Ann Leach, a life coach, was also at home. Tornado sirens blared. Ann took
The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin. Working with the Deutsche Bundesbank, De Nederlandsche Bank, the European Central Bank and the Bank of France, the BIS has announced a successful PoC called Project Atlas to
© Stefan Rousseau/PA Wire Johnny Mercer, minister for veterans’ affairs, defended the UK government’s controversial legislation granting amnesties for Troubles-era atrocities in Northern Ireland, which has ended prosecutions for soldiers and others accused of historic wrongdoing. “That totemic scourge on the lives of our extraordinary people who served in Northern Ireland has been removed,” he
Receive free HS2 updates We’ll send you a myFT Daily Digest email rounding up the latest HS2 news every morning. UK prime minister Rishi Sunak will announce the cancellation of the northern leg of HS2 in his Conservative conference speech today, defence secretary Grant Shapps has confirmed. The comments from Shapps are the first public
Bitcoin (BTC) flipping full bull could come courtesy of the United States government, a new prediction says. In an X thread on Oct. 4, Arthur Hayes, former CEO of crypto exchange BitMEX, eyed ballooning yields as precursor to a new Bitcoin and crypto bull market. Hayes: Bitcoin bulls should eye U.S. “no way out” moment
The United States District Court for the Southern District of New York is progressing with the sentencing procedure of key individuals behind the cryptocurrency Ponzi scheme AirBit Club. The office of the U.S. attorney for New York on Oct. 3 announced the sentencing of three of the five surviving defendants in the AirBit case, including
Receive free Japanese government bonds updates We’ll send you a myFT Daily Digest email rounding up the latest Japanese government bonds news every morning. Japan’s central bank made unscheduled purchases of government debt on Wednesday as yields on benchmark bonds hit their highest mark in a decade, while a global market sell-off also continued to
Barclays bank has been accused of damaging the credit records of buy-to-let mortgage borrowers by failing to fix a key software fault customers first reported at least six years ago. The high street bank has informed one affected customer that it is “unlikely” to resolve the problem before the end of 2024, when it plans
Receive free Satellites updates We’ll send you a myFT Daily Digest email rounding up the latest Satellites news every morning. The writer is a science commentator It was a well-intentioned comment, highlighting the need for humanity to be mindful as it continues expanding into the final frontier. “We need a Greta for space,” declared a
Receive free Commercial property updates We’ll send you a myFT Daily Digest email rounding up the latest Commercial property news every morning. It wasn’t really surprising that Meta, the tech giant formerly known as Facebook, decided to break its lease on one of two buildings it had taken at British Land’s development in London’s west
In a recent campaign video, Poland’s de facto leader Jaroslaw Kaczyński is seen on the phone allegedly with a German official urging him to raise the retirement age. “There is no more Tusk and these things are over,” Kaczyński says. The ad was a spoof. But with elections due on October 15, the political intention
If Rishi Sunak pulls the plug on the northern leg of HS2 as expected, it will vindicate one of his advisers, Andrew Gilligan, who has railed against the scheme for more than a decade. Though Downing Street officials said all policy decisions in the Sunak administration stem from the prime minister himself, Gilligan, a former
The House of Representatives fell silent as Steve Womack, the Republican congressman from Arkansas, read the results of the historic vote: “The office of the Speaker of the House of the United States House of Representatives is hereby declared vacant.” “Now what?” one unidentified lawmaker loudly replied. It was a question that echoed across Washington