Author: Charlotte

One of Sen. Raphael Warnock’s highest-profile housing proposals has officially become federal law, marking a significant policy change aimed at slowing corporate ownership of single-family homes in Georgia and across the country.Warnock announced Saturday that his provision prohibiting large private equity firms from purchasing additional single-family homes took effect after the broader bipartisan housing package became law without President Donald Trump’s signature. Under the Constitution, legislation passed by Congress can become law if the president neither signs nor vetoes it within the required 10-day window while Congress remains in session.  The bipartisan bill that includes Warnock’s provision curbing corporate single-family home…

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The EU has been accused of dragging its feet over upholding international law, on the eve of a long-awaited debate about banning trade with illegal Israeli settlements.EU foreign ministers meeting in Brussels on Monday will discuss a possible ban on imports from the settlements, against an ongoing humanitarian crisis in Gaza, where a UN inquiry found Israel to be committing a genocide, and surging state-backed violence in the occupied West Bank, which has killed at least 235 children.But the 27 ministers are not expected to take decisions about trade amid persistent divisions about how to respond to Israel’s prime minister,…

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RAPID CITY, S.D. (KOTA) – Sloppy joes, homemade pie and a scenic hike up Rapid Creek were all part of the annual Silver City Social, a community tradition that also serves as the biggest fundraiser of the year for the Silver City Volunteer Fire Department.“This is our big fundraiser for the year,” said Fire Chief Phil Schlief.The event featured a lunch menu of sloppy joes, baked beans, chips and a pickle, along with more than 50 pies served with ice cream. Organizers also offered root beer floats and ice cream cones throughout the day.Schlief said he’s been involved with the…

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Aave Labs has rolled out Stable Vaults, a platform that enables organizations to easily incorporate fixed-rate stablecoin returns into their offerings. These smart contract vaults, which currently support the Aave mobile savings application, are now open for any business to integrate and customize. This launch marks an important advancement in bridging decentralized finance with everyday financial products. In the past, adding DeFi yields to consumer applications required handling unpredictable interest rates, liquidity spread across various blockchains, and complex infrastructure layers connecting on-chain strategies to end users. Drawing on years of experience tackling these issues, Aave Labs developed Stable Vaults as…

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African policymakers, development institutions and leading economists on Sunday launched the African Chief Economists Network (ACE-Network), a continent-wide platform designed to strengthen evidence-based policymaking and provide coordinated African solutions to increasingly complex global economic challenges. The launch, one of the principal outcomes of the 2026 African Economic Conference (AEC), comes as African countries face mounting geopolitical tensions, global trade fragmentation, climate shocks, rising debt pressures, and a rapidly evolving international financial and development architecture. Hosted by the African Development Bank Group in partnership with the United Nations Development Programme (UNDP) and the Organisation for Economic Co-operation and Development (OECD), the three-day conference…

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Impax Asset Management announced the appointment of Andrew Morris as Co-Head of Private Equity Infrastructure. Morris brings more than two decades of infrastructure investing experience across infrastructure, private equity, and real assets. He joins Impax’s Management Committee and will work closely alongside Daniel von Preyss, Co-Head of Private Equity Infrastructure. Morris replaces Carsten Johansen, who will leave Impax at the end of August. Morris and von Preyss will be supported by senior Private Equity Infrastructure leaders Manish Sarwal, who has been appointed Head of Asset Management, and Babaola Omiyale, Managing Director. Before joining Impax, Morris was Head of Infrastructure Equity…

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In the stock market, many things are true, and new investors can and do learn at least two of them. First, stocks offer significant potential for growing wealth. Second, there is no free lunch. It’s often said that equities don’t move up in straight lines. In fact, dating back to 1980, the S&P 500 averages an intra-year drawdown of 14%. Look at a 14% pullback this way. If I pay $100 for a stock today and it declines 14%, it’s worth $86. Given that recovery math is even more brutal than high school algebra, I need a 16.3% increase just…

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NEW YORK–Stablecoins are unlikely to gain widespread adoption at retail checkouts in developed markets, but they could become the primary banking relationship for consumers in underserved regions around the world, according to a Plasma executive interviewed by PYMNTS. Speaking with PYMNTS CEO Karen Webster, Plasma Chief Strategy Officer Zaheer Ebtikar said the company’s strategy is centered on providing access to trusted digital dollars rather than competing directly with traditional payment cards, PYMNTS reported.Ebtikar told PYMNTS that Plasma’s consumer platform, Plasma One, is seeing users increasingly treat the service like a bank account, citing more frequent account top-ups and higher card…

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Last Updated:May 30, 2026, 12:38 ISTUnder the revised schedule, trading in equity derivatives will now conclude at 3:40 pm instead of the current 3:30 pm.Equity Derivatives Market Timings.The National Stock Exchange (NSE) has announced an extension of trading hours for equity derivatives, including futures and options (F&O), by 10 minutes, with effect from August 3, 2026. Under the revised schedule, trading in equity derivatives will now conclude at 3:40 pm instead of the current 3:30 pm.In a circular issued to trading members, the exchange said the changes are aimed at aligning derivatives market operations with the new closing auction framework…

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