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The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.
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Australia's Social Media Ban for Children Takes Effect The New York TimesAustralian PM issues warning over under-16s social media ban Sky NewsAustralia's social media ban: Who wins and who loses out? BBC'This is the end': Australian teens mourn loss of social media as ban begins ReutersThis country banned social media for young teens. Most don't plan to comply. The Washington Post
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Sperm donor with cancer-causing gene fathered nearly 200 children across Europe, investigation finds CBS NewsSperm from donor with cancer-causing gene was used to conceive almost 200 children BBCSperm bank sold man's cancer-linked genes across Europe DWCancer-causing gene in donor's sperm used across Europe RTE.ie
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LBP AM Group, a tie-up between La Banque Postale and Aegon Asset Management, has soared past its target for its latest direct lending fundraise to reach a €450m final close.
The post La Banque Postale, Aegen AM tie-up LBP AM flies past target in €450m senior debt fund close appeared first on AltAssets Private Equity News.
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The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.
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The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.
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 Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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