US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency – Regulation Bitcoin News

US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency – Regulation Bitcoin News

A US senator has introduced the “No Digital Dollar Act to prohibit the US Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, … Read more

California Gas Prices Rise to New Records as Supply Shortages Persist

California Gas Prices Rise to New Records as Supply Shortages Persist

Refinery shutdowns and production problems across California are causing a spike in the state’s gas prices—as much as 15 cents a day. Californians were paying $6.29 on average, as of Sept. 30, for a gallon of gas—about 66 percent more than the national average of $3.80, according to the Automobile Club of Southern California. Local … Read more

Credit Suisse (CS) And Deutsche Bank (DB) At Distressed Valuations: Which To Avoid?

Credit Suisse (CS) And Deutsche Bank (DB) At Distressed Valuations: Which To Avoid?

Michael Derrer Fuchs Credit Suisse (NYSE:CS) is currently trading at 0.23x tangible book. Deutsche Bank (NYSE: DB) is trading at 0.3x tangible book value. These are very distressing valuations for banks, even so for European banks. CS, however, is in deep trouble due to a steady stream of risk management scandals in its investment bank, … Read more

Personal Finance Expert Stacey Tisdale Says We Are All Living With Money Scripts and It Impacts Our Financial Success.

Personal Finance Expert Stacey Tisdale Says We Are All Living With Money Scripts and It Impacts Our Financial Success.

Stacey Tisdale previously held roles as a financial journalist at The Wall Street Journal and CNN. She found herself constantly stressed out and making bad financial decisions. Tisdale uncovered her “money script” to understand her behavior and change her relationship with money. Stacey Tisdale was working her dream job as a financial journalist with some … Read more

Typical mortgage payment has soared $337 in just six weeks as interest rates almost hit 7%

Typical mortgage payment has soared 7 in just six weeks as interest rates almost hit 7%

The average US homeowner saw their monthly mortgage payment rise by 15 percent or $337, according to a shocking new report from Redfin. The report goes on to say that the rising mortgage rates of around seven percent are the highest since July 2007 shortly before the crash that triggered the great recession. This is … Read more

SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme – Regulation Bitcoin News

SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme – Regulation Bitcoin News

The US Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC. SEC Charges 2 Firms in Crypto Pump-and-Dump Case The US Securities and Exchange … Read more