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Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 22-23 July 2026 27 August 2026 1. Review of financial, economic and monetary developments and policy options Financial market developments Ms Schnabel started her presentation with the observation that since the…
If you’ve driven through Los Angeles recently, you may have noticed a glut of new-construction projects taking place on residential properties. But many of these projects aren’t brand-new homes. Instead, they’re what’s often referred to as accessory dwelling units: construction projects meant to expand an existing property by adding square footage through a garage conversion…
Cryptocurrency exchange BitMEX has stopped accepting new registrants as it prepares to close its operations. The company, whose founders were the recipients of a White House pardon last year, announced the closure on its website Thursday (July 20), urging customers to withdraw their funds from the platform before the Sept. 23 shutdown. “Following a strategic review of the business…
For an EPF member, a nomination is more than a formality. It determines who can receive the provident fund money after the member’s death and also plays a role in claims under the Employees’ Pension Scheme (EPS) and Employees’ Deposit Linked Insurance Scheme (EDLI). EPFO’s member portal currently states that filing a nomination is mandatory…
Data showed significant price gaps between the UK’s most expensive postcodes and their immediate neighbours, with implications for advisers helping clients widen their search. Research from Lloyds has revealed how much less buyers could pay by purchasing in a postcode that neighbours the UK’s most sought-after locations. Homes in postcodes bordering the UK’s priciest…