Iran says deal on Strait of Hormuz is close but is not enough to open the waterway

Uphold has cut its global headcount by 17%, laying off roughly 85 employees and contractors, CoinDesk reported, citing sources familiar with the matter. The company is redirecting spending toward its enterprise business after nearly doubling headcount during what CEO Simon McLoughlin called a period of “extraordinary growth.” What Uphold Is Selling to Partners Founded in…

In my opinion, no asset class is driven more by public policy than municipal securities. Federal or state policy initiatives determine everything from taxes levied upon income, property, and consumer sales to the coveted tax exemption on municipal bonds. Funding priorities and competing allocations of critical, yet thinning, resources for infrastructure and other essential purpose…

National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures.  Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them as president of policy solutions, before leaving last month to launch IJG Urban Advisors.   Ira Goldstein “I felt like the team that I had built, the…

In This Article Home equity is one of the biggest, most underused assets most investors have. It’s sitting there, tied up in the walls of a property, while cash-out refinances take weeks and traditional home equity lines of credit (HELOCs) come with paperwork, appraisals, and closing costs that can make the whole process feel like…

By Greg Ritchie and Cameron Fozi (Bloomberg) — Traders see a U.S. interest-rate hike later this month as a coin toss, with a renewed rise in oil prices and hawkish commentary from Federal Reserve officials auguring a swift move to tame inflation. Money-market pricing on Monday suggests traders boosted their wagers for a July quarter-point…

Helping the people side of AI adoption A dedicated AI enablement team and roles have their value not in technology terms, but for the workforce, according to Diana Bartolic, Head of HR at CCL. “There’s a lot of transformation and change happening in workplaces now, probably more so than we’ve ever seen before,” says Bartolic….