Banks Want to Be a Bridge to Bitcoin. How to Invest.

First American News LLC: Raleigh, NC: Investors now buy Bitcoin through exchanges like Coinbase COIN or apps like PayPal. That could change as banks start muscling into crypto trading and custody services. Some 300 banks are planning to roll out Bitcoin trading on mobile apps in the first half of 2022, according to a report […]

Splunk Jumps on Report That Cisco Made $20 Billion-Plus Offer

First American News LLC, Raleigh, NC: Splunk Inc. jumped as much as 16% in late trading on a report that Cisco Systems Inc. made an offer of more than $20 billion for the software company. The shares climbed as high as $133.25 following the Wall Street Journal story, which cited unidentified people familiar with the […]

U.S. Mortgage Rates Surge to the Highest Level in More than Two Years

Mortgage rates in the U.S. jumped to the highest level since January 2020, before the pandemic rocked financial markets. The average for a 30-year loan was 3.69%, up from 3.55% last week, Freddie Mac said in a statement Thursday. That was the highest since Jan. 2, 2020, when rates averaged 3.72%. “You’re dealing with two […]

The Housing Market May Soon Bust – This Will Lead To a Wave Of REO’s.

A new generation of buyers is jumping into the market at what may be the worst possible time. Millennials Face Yet Another Rug-Pull As we all know, millennials are America’s most economically cursed generation. Now that they’re hitting their 30s and 40s, they’re not even cool anymore. And the housing market might be about to stick it to them […]