Ripmex has recently announced the launch of its presale for RPX tokens, a cutting-edge real-time gross settlement token designed to revolutionize the global currency exchange market. With a focus on providing secure, low-cost transactions for a variety of financial entities, RPX aims to eliminate commission fees and streamline the process of transferring funds across different
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In a major development for women’s sports, Willow Bay and Bob Iger have taken a controlling stake in Angel City Football Club, the most valuable women’s professional sports team in the world. This investment, which remains undisclosed, has valued the team at an impressive $250 million. Additionally, Bay and Iger have committed to investing an
In recent years, there has been a noticeable trend of companies choosing to stay private for longer periods before considering an Initial Public Offering (IPO). This shift has resulted in the average private company remaining private for approximately 11 years, a significant increase from the previous median of eight years. This decision has implications for
The recent drop in mortgage rates to the lowest level since March has sparked a surge in demand for refinancing. According to the Mortgage Bankers Association, applications to refinance a home loan jumped by 15% last week compared to the previous week. This increase in demand pushed refinancing activity to its highest level since August
Political tensions have a significant impact on currency movements in the Asian region. The recent statement made by U.S. Republican presidential candidate Donald Trump, suggesting that Taiwan should pay the U.S. for defense supplies, resulted in the lagging of the Taiwan dollar and the Chinese yuan against the dollar. Trump’s negative rhetoric against Beijing and
The Chief Executive Officer of BlackRock, Larry Fink, recently highlighted the major opportunities in private infrastructure investment. He emphasized the growing demand for capital and infrastructure, particularly in financing data centers for artificial intelligence and the energy transition. Fink mentioned that private capital will play a crucial role in meeting these infrastructure needs, either independently
Housing affordability is about average in The First State, but your Delaware housing dollar gets a big boost from very low property taxes. Delaware homeowners paid an effective tax rate of less than half a percent, according to real estate data firm ATTOM. That is the fourth-lowest in the country. The state has an Economy
Phoenix is making a return to the municipal market after a 12-year hiatus with its first new money General Obligation bond issue. Kathleen Gitkin, the city’s chief financial officer, expressed high expectations for the $238.8 million tax-exempt and taxable deal set to price through a Piper Sandler-led underwriting team. The city plans to become a
The U.S. dollar has experienced fluctuations in early European trade, with the Dollar Index showing a 0.1% increase to 103.952 after reaching one-month lows. The recent Republican National Convention has heightened the expectations of former President Donald Trump returning to the White House, following an assassination attempt in Pennsylvania. The anticipation of a potential Trump
Morgan Stanley recently reported its second-quarter earnings, with profit and revenue exceeding analysts’ estimates. The bank reported earnings of $1.82 per share, surpassing the $1.65 per share estimate, and revenue of $15.02 billion, higher than the estimated $14.3 billion. This demonstrates a 41% increase in profit compared to the previous year, reaching $3.08 billion, while