The recent drop in mortgage rates for the fourth consecutive week did not seem to generate much excitement among current homeowners or potential homebuyers. Despite the decrease in the average contract interest rate for 30-year fixed-rate mortgages, the overall mortgage application volume only increased by a mere 0.5%. It appears that the lower rates did
The Global Fintech Fest 2024 witnessed a groundbreaking collaboration between Airtel Payments Bank, Noise, and the National Payments Corporation of India (NPCI) with the introduction of the Airtel Payments Bank Smartwatch. This innovative device incorporates National Common Mobility Card (NCMC) technology, revolutionizing the way users make transactions on-the-go. The Airtel Payments Bank Smartwatch is not
There has been a swift rebound in market confidence following a significant global sell-off in risky assets, which is causing unease among experts. Christian Mueller-Glissmann, the head of asset allocation research at Goldman Sachs, expressed his concerns during an interview on CNBC’s “Squawk Box Europe.” He likened the dip in early August to a warning
In the first half of 2024, the toy industry faced a challenging period due to inflation, leading to a sales slump. However, amidst this downturn, Lego managed to stand out by increasing its market share significantly. The CEO of Lego, Niels Christiansen, proudly announced that the company’s revenue surged by a remarkable 13% during the
A recent study conducted by an international team of researchers has revealed a concerning connection between meat consumption and the risk of developing type 2 diabetes. The study, which analyzed data from nearly 2 million people across 20 different countries, found that consuming processed meat and unprocessed red meat significantly increased the likelihood of developing
A recent cohort study has shed light on the association between first-line antidepressants and the risk of falls and related injuries among older adults. The study, which included over 100,000 Medicare beneficiaries newly diagnosed with depression, found that the use of certain first-line antidepressants was linked to a decreased risk of falls and related injuries
Former President Donald Trump’s economic proposals have been the subject of intense scrutiny, with a recent study from the Penn Wharton Budget Model revealing that his policies would lead to a significant increase in federal deficits. Trump’s plan to extend the 2017 tax cuts permanently alone would add over $4 trillion to the deficits over
In a surprising move, former President Donald Trump has announced that he is adding Robert F. Kennedy Jr. and former Democratic Rep. Tulsi Gabbard to his presidential transition team. This decision comes after both Kennedy and Gabbard endorsed Trump in his race against Vice President Kamala Harris, the Democratic nominee. As Trump’s coalition of supporters
Argentina is taking a bold step towards equipping its youth with knowledge and training in emerging technology by introducing the study of Ethereum into the high school curriculum. This initiative, implemented in Buenos Aires, aims to provide students with hands-on experience in blockchain development and its use cases. The local education ministry of Buenos Aires
As reported by New World Wealth and Henley & Partners, the population of crypto millionaires worldwide has experienced a staggering 95% increase in the past year. This surge has resulted in a total of 172,300 individuals holding more than $1 million in crypto assets, up from 88,200 in the previous year. Particularly noteworthy is the