Credit Card Debt Surpasses $1.08 Trillion In Third Quarter
On November 7, the Federal Reserve Bank of New York published its Quarterly Report on Household Debt and Credit for the third quarter of 2023. The report contained some troubling details about U.S. borrowers, particularly regarding credit card debt. Total U.S. credit card debt reached US$1.08 trillion as of September 30, 2023. Over the twelve months ended […]
Ben ‘BitBoy’ Armstrong Sues Hit Network Management To Attempt To Get Lambo Back
In a time of high inflation, it appears that the primary concern for Ben “BitBoy” Armstrong is that of the return of his beloved Lamborghini. The YouTuber has now sued six former colleagues in an attempt to get the car back, while also alleging racketeering. The lawsuit, filed in Cobb County, Georgia, was filed against […]
Liberals and Bloc Québécois Block Poilievre’s Motion, Singh Wants to Make Oil & Gas Companies to Pay for Heating
In a parliamentary vote on Monday, the Liberals and the Bloc Québécois joined forces to defeat a motion brought forward by Conservative Party Leader Pierre Poilievre. The motion sought to extend a carbon tax exemption to all forms of home heating, instead of limiting exemptions to just heating oil. The non-binding motion sparked a heated […]
Playstation to Drop X Integration Starting Next Week
Sony is set to end its integration with the social media service formerly known as Twitter, now referred to as X, on PlayStation 4 and PlayStation 5 consoles. This change is scheduled to take effect on November 13, as announced in a notice on PlayStation’s support website. For the past decade, PlayStation users have used […]
Terra Balcanica Intersects 1,168 g/t Silver Equivalent Over 1.35 Metres In First Hole Under 2023 Program
The first results are out from a recently completed drill program conducted by Terra Balcanica Resources (CSE: TERA) at its Viogor-Zanik project in Bosnia and Herzegovina.
Fed Report Reveals Widespread Owner-Occupancy Fraud
A recent report by the Federal Reserve Bank of Philadelphia has shed light on the prevalence of owner-occupancy fraud in residential mortgage originations, uncovering a persistent issue that extends beyond the housing bubble era. The report, entitled “Owner-Occupancy Fraud and Mortgage Performance,” challenges the notion that mortgage fraud was solely a product of the housing […]
A Growing Number of GTA Homebuyers Are Choosing to Walk Away from Their Massive Deposits
In the preconstruction real estate industry, a growing concern has emerged as homebuyers face difficulties closing their property transactions, leading some to walk away from substantial deposits, with values as high as $320,000. This trend is particularly prominent in the lowrise homes of Greater Toronto Area (GTA) suburbs, which experienced rapid price surges during the […]
The SEC Has A Crypto Expert Recruitment Problem
The US Securities and Exchange Commission (SEC) is facing a significant recruitment challenge in the field of cryptocurrencies, as revealed by a report from the agency’s Office of the Inspector General. According to the report, the SEC is having trouble hiring a crypto expert because the SEC’s policies forbid staff from holding investments in the […]
Tether Could Teeter On UK Govt’s Tighter Hold On Stablecoin Regulation
Stablecoin issuers like Tether are about to face a tighter regulatory leash as the Bank of England (BOE) unveiled its plans to regulate “systemic stablecoins.” Simultaneously, the Financial Conduct Authority (FCA) will be responsible for overseeing the broader cryptocurrency sector, as outlined in discussion papers jointly published by the two regulatory bodies on Monday. These […]
Verses AI Selects Biological Computing Firm As Second Private Beta Partner
Verses AI (NEO: VERS) has selected a second partner for its beta program focused on its new Genius platform.