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Standard Chartered and HSBC have announced the successful execution of the first live cross-border tokenised deposit transaction between two banks on Swift’s blockchain-based ledger, marking a milestone in efforts to modernise cross-border payments infrastructure. The transaction demonstrated interbank interoperability for tokenised deposits, regulated digital representations of bank deposits, and represents a step toward the industry’s…

“Mortgage rates and applications changed little last week, with just a slight increase in refinances for conventional and VA loans, while FHA refinances were lower,” said Joel Kan, CMB, MBA’s VP and Deputy Chief Economist. “Borrowers with larger loan sizes remain less likely to refinance with rates at these higher levels. The average loan size…

Key insight: As the president continues his effort to remove Federal Reserve Gov. Lisa Cook from her post at the Federal Reserve Board for cause, both he and the courts have little precedent to draw upon for guidance.  Expert quote: “I wonder if the Supreme Court preserved some discretion for itself by not going into…

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By Alicia Diaz and Josh Wingrove (Bloomberg) — The Trump administration delayed 50% tariffs on billions of dollars of Canadian products for three days, saying the two sides had reached a tentative agreement to resolve a broader trade dispute that had plunged relations to a fresh low. President Donald Trump announced the decision less than…

Training intensified burnout’s effects Testing three possible buffers against burnout’s impact, Adeniyi found only technological training produced a statistically significant effect, and it moved in the opposite direction than expected. “Contrary to expectations, the results revealed that technological training exacerbated, rather than buffered, the negative relationship between burnout and perceived work ability,” Adeniyi wrote, adding…

12:01 AM, 19th August 2026, 14 hours ago 4 Tenant demand has risen to its highest level in two years, as concerns over landlords selling their properties continue to grow. Data from Pegasus Insight shows 63% of landlords now describe tenant demand in their areas as either ‘very strong’ or ‘quite strong’, up from 58%…

Key insight: As the president continues his effort to remove Federal Reserve Gov. Lisa Cook from her post at the Federal Reserve Board for cause, both he and the courts have little precedent to draw upon for guidance.  Expert quote: “I wonder if the Supreme Court preserved some discretion for itself by not going into…

Reality TV star Ariana Madix may have spent the summer hosting “Love Island USA” in a lavish villa in Fiji, but now the host is packing her bags for New York City—months after finally cutting ties with the $3.1 million Los Angeles home she shared with her ex and former “Vanderpump Rules” co-star, Tom Sandoval….

Treasury Secretary Scott Bessent recently declared the K-shaped economy “over.” But new data shows the divide remains deeply entrenched in housing—showing up before a sale ever happens, in who is still shopping. Despite fewer entry-level homes available than in 2019, views per property have fallen below their 2019 level, according to the latest Housing Alignment…