Tag: credit
I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears
The tax agency is ramping up audits and criminal investigations into unscrupulous promoters of the Employee Retention Credit.
www.nytimes.com [...]
DeFi’s Zero Credit Risk Model & Transparency Boost for Structured Products – A Game-Changer for Global Adoption
Credit risk is part of just about every financial asset in traditional markets, but not so in DeFi. Everything from mortgages to CME corn futures, Ger [...]
China proposes to bring its social credit system to the metaverse: Report
China is reportedly looking to implement a system akin to its social credit system, but in the Metaverse and other online virtual worlds.Proposals vie [...]
Crypto’s Coming ‘Real World Assets’ (RWA) Boom Will Be Fueled by Credit
Fortunately, there is a potential fix here. The rise of blockchain technology is reshaping how many companies trade their financial assets. Blockchain [...]
Mortgage credit availability sinks to decade low
A man enters a Bank of America branch in New York.Scott Mlyn | CNBCAs if higher mortgage rates weren't enough, it was harder even to qualify for a mor [...]
America’s Credit Rating Helps Make Case for Bitcoin
Fitch’s downgrade of U.S. debt this week is a warning to American policymakers and r underscores why Bitcoin and other open monetary systems matter.
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Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?
On Aug. 1 a significant event occurred within the financial world: Fitch, a reputable credit rating agency, demoted the credit rating of the U.S. gove [...]
White House Hits Back on Fitch Credit Downgrade, Protecting Biden
When the Fitch Ratings agency announced this week that it was downgrading its long-term credit rating of the United States from AAA to AA+, Biden admi [...]
Dollar stays firm as upbeat US jobs data offsets credit downgrade
During the Asian session, Australian data includes the final S&P Global Composite PMI, retail sales, and trade data. The Chinese Caixin S [...]
EMERGING MARKETS-Latam FX hit as US credit downgrade bruises mood, dollar pops
* Brazil's Haddad 'certain' of rate cut * Dollar jumps, U.S. Treasury raises auction sizes * Peso loses half its value in a year on informal market * [...]
BoJ Minutes, US Credit Downgrade Cools Yen Selloff
Japanese Yen (USD/JPY, EUR/JPY) AnalysisThe yen claws back some losses after BoJ minutes and clarity from Deputy Governor Uchida on the intention of [...]
U.S. Credit Rating Is Downgraded by Fitch
The long-term credit rating of the United States was downgraded on Tuesday by the Fitch Ratings agency, which said the nation’s high and growing debt [...]
US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?
US Dollar, Dow Jones, Fitch US Credit Ratings Downgrade – Market Update:US Dollar, Dow Jones fall after Fitch lowers US credit ratingFiscal deficits, [...]
Credit card fee fight pits payment companies against retailers
Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S.Daniel Acker | Bloomberg | Getty ImagesA bipartisa [...]
Credix Brings Opens Private Credit Pool on Solana (SOL) With 11% Yield
Colombia-based fintech firm Clave and its affiliate Liquitech underwrite and originate the loans in Colombian pesos via a bankruptcy remote trust and [...]