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US Treasury Secretary Scott Bessent confirmed the US government ordered the freezing of more than $130 million in cryptocurrency held in wallets linked to Iran on Tuesday, as hostilities ramped up in the Middle East. Earlier on Tuesday, blockchain investigator Specter pointed to onchain data showing Tether froze four Tron wallets holding $131 million worth…
High earners above the Roth income limit can contribute to a traditional IRA and immediately convert it to a Roth. The backdoor Roth conversion is legal and widely used, so use it to unlock tax-free retirement growth at any income. There’s one catch. Pre-tax money already sitting in your IRAs makes part of the conversion…
Delta’s profit dropped as the air carrier absorbed the highest quarterly fuel expense in its history.
Fannie Mae continues to downgrade its mortgage forecasts as it foresees a higher-for-longer mortgage rate environment. Processing Content The government-sponsored enterprise reduced its estimate for single-family originations this year by 2%, to $2.298 trillion, according to its Wednesday release. While the projection is still well ahead of last year’s over $1.9 trillion in total single-family…
Fraudsters and privacy-conscious consumers have one thing in common. Neither wants to be easily found. For years, that overlap didn’t matter much. Privacy-minded consumers wanted to limit their data exposure and control how merchants stored their credentials. Fraudsters wanted to hide stolen identities and card numbers. Different motives, different corners of the system. Digital wallets…
India’s IPO market will stay busy next week, with 5 issues on investors’ watchlist across mainboard and SME segments. Grey market trends show strong interest in select names, with Millworks Technologies commanding the highest GMP, indicating possible listing gains of nearly 118%. Among the five IPOs, SBI MF, Alpine Textiles and Millworks will launch their…