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Most people in the developed world have a bank account and have interacted with a bank before. But nearly everyone, when thinking about a bank, imagines a giant vault full of money.
Friday’s Payroll numbers came in twice as big as expectations. Full steam ahead.
It seems everyone is amazed right now at the spectacular collapse of many digital asset lending providers.
This week saw the biggest moves in markets, mainly precipitated by the Fed hikes once again, the US enters technical recession, and ETH merge for final testnet announced.
European Central Bank enacts first rate hike in 11 years, many analysts believe that inflation has peaked, and crypto continues to turn the corner.
Expect a 75 bps hike at the next Fed meeting, Europe takes a softer stance in rate hikes, and digital assets are In the middle of the crypto winter.
EURUSD at lowest in two decades, strong non-farm payrolls report strengths Fed's hikes, and Voyager files for bankruptcy while crypto rebounds.
Rates to be updated effective July 15, 2022.
The stock market had its worst first half in 52 years, mortgage rates and bank loans will continue to tighten dramatically through 2022, and crypto lender BlockFi secures financing from FTX.
The housing market is still hot with new buyers consistently bidding above the asking price, crypto stabilizes as the fallouts from recent events are becoming clear, and food insecurity could threaten our globalized world. Keep reading to learn more.
The market downturn continues, but there seems to be gold in the hills that could fundamentally change our perception of a long-term scarcity value asset, cryptocurrencies continue to show volatility, and banks are getting creative with their new bond products.
With CPI increasing, it’s going to be a bumpy ride while investors change positions. More rate hikes are coming. Regulations are coming to digital assets and the outlook is optimistic.