Are 7% mortgage rates next? The Treasury market is flashing a warning sign for home buyers.

Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release. The company’s platform enables enterprises to retain their core treasury operations while accessing the benefits of stablecoins, including the reduction of settlement times, the elimination…

Nine out of 10 leaseholders would not buy another property under this tenure again, with campaigners warning it remains a “life sentence” for those trapped by soaring costs and complex rules. Despite some legislative progress, 93% of leaseholders would not buy another leasehold property, a new report by Propertymark in conjunction with the National Leasehold…

There are just a couple of expiries to take note of on the day, as highlighted in bold below. They are for EUR/USD at the 1.1400 and 1.1460 levels. The expiries don’t tie to any technical significance, so their impact should be relatively muted for the most part. The ones at the 1.1400 level though…

Key insight: Ethics concerns from Senate Democrats remain the biggest obstacle for the upper chamber to pass a crypto market structure bill.  What’s at stake: No further negotiations on yield-related restrictions on stablecoins are currently planned among lawmakers, despite bank lobbying efforts to make headway on the issue. Forward look: Lawmakers face a narrow window…

Voters will have a chance to weigh in on measures to reform New York City’s permitting and procurement systems in November, after Mayor Zohran Mamdani’s charter revision panel approved a slate of new ballot questions. All five proposed charter amendments received the Commission on Government Efficiency’s blessing to appear on the ballot, with the 15-member…