Tagged: us

July 11, 2025 @ 8:28 am By Omar Faridi  |  

The U.S. housing / real estate market is grappling with a record-breaking deficit of 4.7 million homes, according to a new Zillow analysis of Census data, exacerbating the nation’s affordability crisis. Despite a robust construction surge, the supply of new homes continues to fall short… Read More

July 10, 2025 @ 9:56 am By Omar Faridi  |  

The US retirement landscape is facing a critical challenge, according to new data from PensionBee’s Q2 Happy Retirement Report, revealing stark deficiencies in savings that threaten financial security for millions. Conducted between May 9 and May 13, 2025, by Attest with 1,000 respondents aged 18… Read More

July 9, 2025 @ 5:53 am By Omar Faridi  |  

We recently caught up with decentralized finance and blockchain professional, Tory Green, co-founder of io.net, who shared key insights about the GENIUS Act. While the Senate’s passage of the bill was historic, momentum is now at risk. House lawmakers are considering whether to merge the… Read More

July 9, 2025 @ 5:27 am By Omar Faridi  |  

Middle market business professionals remain resilient despite economic uncertainty, according to JP Morgan’s (NYSE: JPM) 2025 Business Leaders Outlook Pulse Survey. Compared with the start of the year, “optimism for the national economy fell by more than half, dropping from 65% as reported in January,… Read More

July 7, 2025 @ 4:04 am By Omar Faridi  |  

In an evolving global financial ecosystem, Citigroup’s (NYSE:C) recent insights into the developments shaping markets and economies worldwide. Citi’s analysis of Spain’s post-trade infrastructure modernization underscores the transformative role of technology in financial markets. Citi highlights Spain’s efforts to streamline its post-trade systems, leveraging blockchain… Read More

July 4, 2025 @ 11:38 am By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace for co-owned luxury vacation homes, continues to transform the second-home market with its innovative co-ownership model. Founded in 2020 by former Zillow executives Austin Allison and Spencer Rascoff, Pacaso has expanded its footprint, delivering luxury home ownership while addressing… Read More

July 2, 2025 @ 7:58 am By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the opening of an unsponsored American Depositary Receipt (ADR) program for a leading Canadian supermarket chain. This milestone marks the first time U.S. and global investors “can leverage ADRs… Read More

July 1, 2025 @ 1:56 pm By Omar Faridi  |  

Five years ago, a median-income household could afford a typical U.S. home. Today, they’re more than $17,000 short, even if they have $73,000 saved for a down payment, a new Zillow (Nasdaq: Z and ZG) analysis finds. While the housing market is friendlier to buyers… Read More

July 1, 2025 @ 10:11 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) reported the key issues facing the federal banking system in its Semiannual Risk Perspective for Spring 2025. The OCC reported that the strength of “the federal banking system remains sound.” Consumer sentiment, geopolitical risk, sustained higher interest… Read More

July 1, 2025 @ 6:48 am By Omar Faridi  |  

The wealth management landscape is undergoing a seismic shift, driven by an  intergenerational wealth transfer and the increasing demand for sophisticated, technology-driven solutions. Addepar, a global enabler of wealth management technology, is addressing these challenges with significant updates to its platform. These updates focus on… Read More

June 29, 2025 @ 11:26 pm By Omar Faridi  |  

UK’s Starling Bank is reportedly exploring a bold move to expand its footprint into the United States by acquiring a US-based lender. This step marks a significant milestone in the bank’s plans to grow beyond its domestic market and establish a presence in one of… Read More

June 29, 2025 @ 2:45 pm By Omar Faridi  |  

In a key development for the cryptocurrency and web3 industry, Ripple Labs has announced its decision to withdraw its cross-appeal in its protracted legal dispute with the U.S. Securities and Exchange Commission (SEC). The move comes as both parties appear poised to bring closure to… Read More

June 28, 2025 @ 8:37 pm By Omar Faridi  |  

CaixaBank has completed its first triple-tranche debt issuance in U.S. dollars in the American market, marking the bank’s fourth visit to the U.S. capital markets. The first tranche was a 11-year senior non-preferred bond “amounting to USD 1 billion, with an early redemption option in… Read More

June 28, 2025 @ 4:07 pm By Omar Faridi  |  

In a move to democratize access to cryptocurrency derivatives, Robinhood (NASDAQ: HOOD) has introduced micro futures contracts for XRP, Solana, and Bitcoin Friday futures, following the relisting of these tokens on its U.S. trading platform. This development marks a significant step in making crypto trading… Read More

June 27, 2025 @ 5:39 pm By Omar Faridi  |  

Less than two months since the U.S. Department of Education resumed collections activities among defaulted federal student loan borrowers, new research from TransUnion (NYSE: TRU) reveals that the number of consumers delinquent on student loans and at risk for entering default continues to climb. The… Read More

June 25, 2025 @ 4:13 pm By Omar Faridi  |  

Gemini, the regulated cryptocurrency exchange founded by Cameron and Tyler Winklevoss, continues to innovate in the digital asset space with a trio of recent updates that cater to both retail and institutional investors. From an enhanced rewards program for its Bitcoin Credit Card to the… Read More

June 25, 2025 @ 10:37 am By Omar Faridi  |  

In a significant shift for the consumer credit landscape, Fair Isaac Corporation (FICO), the company behind the widely used FICO credit score, announced that it will incorporate Buy Now, Pay Later (BNPL) loan data into its credit scoring model. This move, reported by The Wall… Read More

June 25, 2025 @ 8:40 am By Omar Faridi  |  

The venture capital sector in the United States has shown signs of cautious optimism in the first half of 2025, according to PitchBook’s US Venture Capital Outlook: Midyear Update. Despite persistent headwinds, including a high demand/supply imbalance for capital and the impact of recently imposed… Read More

June 24, 2025 @ 9:44 pm By Omar Faridi  |  

In a move signaling a potential shift in the U.S. financial landscape, newly appointed Securities and Exchange Commission (SEC) Chair Paul Atkins has outlined a vision to position the United States as the world’s leading hub for cryptocurrency and digital asset innovation. Speaking on Fox… Read More

June 24, 2025 @ 8:33 am By Omar Faridi  |  

Pacaso, the tech-enabled marketplace for co-owned luxury vacation homes, is redefining second-home ownership with its innovative approach. Founded in 2020 by former Zillow executives Austin Allison and Spencer Rascoff, the company has made significant strides in 2025, expanding its European presence, reserving a Nasdaq ticker… Read More