Remitly director Nigel Morris sells $170,289 in stock

The escalation is showing no signs of stopping in the Middle East. There were reports that Iran targeted Kuwait yesterday and hit a desalization plant and now Iran’s semi-official Tasnim says that the Revolutionary Guard targeted a ship that ignored warning and tried to pass through Hormuz. Oil is having another big day with WTI…

There’s a long checklist when deciding where to live, especially in your retirement years.

Key insight: PayPal’s board of directors is reportedly unimpressed with Stripe and Advent International’s $53 billion offer to buy the company.  What’s at stake: Analysts had speculated that the offer may be low, despite the fact that it came in at a 30% premium compared with other merchant processors.  Forward look: In addition to providing…

The world’s largest AI behemoth, Nvidia, reported strong earnings in Q2 with sales doubling in size and overall performance overwhelmingly surpassing street estimates. Yet, NVIDIA’s stock price did not find a solid bull’s ground overnight. The world’s largest AI stock responded to the best-ever earnings report by falling 2% on Nasdaq. Makes you wonder why…

Wescott Financial Advisory, an employee-owned registered investment advisor based in Philadelphia, started in the late 1980s. Amid an industry stuffed with Brooks Brothers-wearing brokers dialing for dollars with cold-calling scripts, Wescott took a different tack. At the time, founder Grant Rawdin worked at a law firm, focusing on taxes. He liked his clients but found…

Stablecoins have spent years establishing themselves as the go-to way to move money across borders. Now, the banks want a piece of that market. Tokenized deposits have emerged as the banking industry’s answer, with some of the world’s leading commercial and central banks exploring the technology under the banner of Project Agorá. A report from…