Mortgage delinquency rate rises to 3.66% in September, ICE says
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Tron Just Added $2.2 Billion in Stablecoins in July. Does That Make It a Buy?
The stablecoin network Tron (TRX +0.45%) onboarded about $2.2 billion in stablecoins in the 30-day period ending on Aug. 4, lifting the total value parked on its network to $91.6 billion. Over the same stretch, the whole stablecoin market shrank by $2.7 billion. A coin gaining while the asset that underpins its entire chain is receding…
Israeli Strike Kills Seven in South Lebanon Amid Ongoing Tensions
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OpenArt AI Hires Scott Larson As VP of Brand Marketing
Salesforce and Meta marketing alum Scott Larson says OpenArt AI’s conversational text-to-video generator is the tool he wished he’d had earlier in his career. The platform helps whizz up short videos, arty images, and music by typing in a few prompts. OpenArt this week tapped Larson as the company’s vice president of brand marketing, the…
Fylde Coast group acquires agency despite ban history
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Fed Expected to Hike Rates Next Week as Inflation Remains Hot
The Federal Reserve is now seen as extremely likely to raise its benchmark interest rate next week, after a key inflation reading came in hot on Friday. Investors have increasingly been eyeing a rate increase, and the probability of September rate hike surged above 90% following the latest Consumer Price Index (CPI) data release from the Labor…
Rates Edge Down Ahead of CPI, With the Fed’s Next Hike Hinging on Inflation
In A Nutshell: Every CPI inflation print has the potential to send rates up or down, and this Wednesday’s is no exception. There’s still an open question as to how many more hikes there will be from the Fed. Last Week’s Highlights Rates fell slightly last week as numerous Fed speakers reiterated the same…
