Post By : 2025-05-27

Pocketway Launches Advanced Transactional Features and Next-Gen Mining Tech for Seamless User Experience

Pocketway, a trailblazer in investment and financial services, is expanding its digital ecosystem once again—this  time by introducing a suite of new transactional operations aimed at giving users more control, speed, and flexibility.  From seamless profit transfers between traders to advanced miner integration in its rigs, the company is redefining  how individuals engage with digital finance and mining—all from the convenience of their mobile devices. New Transaction

Post By : 2025-05-25

US Treasury confirms the end of the penny

One cent coins will stop being produced in the US next year, the Treasury Department has confirmed. It marks the phasing out of the coins, commonly known as pennies, which have been in circulation for more than two centuries. President Donald Trump told Treasury Secretary Scott Bessent in February to stop minting the coins, calling them "wasteful". There has been a long debate over the cost and usefulness of pennies in the US. In January, Elon Musk's unofficial Department of G

Post By : 2025-05-25

Tips from first-time buyers: 'We bought a £320,000 home aged 25'

The Bank of England has cut interest rates for the second time this year - welcome news for first-time buyers after years of rising mortgage costs and spiralling house prices. But it's still tough. More than half of first-time buyers still rely on the so-called bank of mum and dad to get on the property ladder, with an average of £55,572 given in loans and gifts last year, according to estate agents Savills. We've spoken to people on a range of incomes who have manag

Post By : 2025-05-25

People urged to fix energy bills as prices fall

Households are being urged to shop around for cheaper energy deals despite prices falling from July. A typical gas and electricity bill will fall by £11 a month from July, but regulator Ofgem said switching to a fixed deal could provide better value for many customers. It said shopping around could lead to a £200 annual saving, but anyone currently on a fixed deal will not benefit from the fall this summer. The cheaper bills will kick in at the warmest time of the year, when energy u

Post By : 2025-05-25

These companies will raise prices because of Trump’s tariffs

President Donald Trump’s sweeping tariffs have given many Americans whiplash. The list of companies announcing price changes as a result is equally daunting. Among the levies Trump has imposed is a 10% baseline tariff for most imports and a 30% tariff on most Chinese goods. Some goods, such as steel and aluminum, face higher rates. Many retailers have issued warnings that they won’t, as Trump has suggested, “eat” the additional costs caused by those import

Post By : 2025-05-24

Amazon tribe sues New York Times over story it says led to porn addict claims

An Amazonian tribe has sued the New York Times (NYT) over a report about the community gaining access to high-speed internet, which it claims led to its members being labelled as porn addicts. The defamation lawsuit said the US newspaper's report portrayed the Marubo tribe as "unable to handle basic exposure to the internet" and highlighted "allegations that their youth had become consumed by pornography". The lawsuit also named TMZ and Yahoo as defendants, and said their

Post By : 2025-05-24

Labubu fan fury after dolls pulled from stores

Fans of viral Labubu dolls have reacted angrily online after its maker pulled the toys from all UK stores following reports of customers fighting over them. Pop Mart, which makes the monster bag charms, told the BBC it had paused selling them in all 16 of its shops until June to "prevent any potential safety issues". Labubu fan Victoria Calvert said she witnessed chaos in the Stratford store in London. "It was just getting ridiculous to be in that situation where people were fight

Post By : 2025-05-24

Daily Telegraph to be sold to US firm RedBird

American buyout firm RedBird has agreed a deal to take control of the Daily and Sunday Telegraph after a two-year ownership vacuum. RedBird Capital will buy the stake owned by Emirati royal Sheikh Mansour bin Zayed Sultan al-Nahyan who had bankrolled an earlier bid. That bid was rejected by the previous government, which passed a law preventing foreign governments owning British newspapers or news magazines. The current proposed deal will need regulatory approval. Both Telegraph titles and the S

Post By : 2025-05-24

Prices are changing. See how much the cost of basic grocery items has shifted

The cost of food in the US increased significantly amid the Covid-19 pandemic and the steep inflation that followed. While prices have stabilized more recently, new factors have already driven up the costs for eggs and threaten to increase them for other common household foods. The price of eggs could increase by as much as 20% this year, according to one government forecast, after detections of avian influenza among the nation’s poultry flocks have strained supply

Post By : 2025-05-24

How Trump’s megabill transfers wealth in the US

  It took intense lobbying from President Donald Trump, an all-nighter, and a vote on a bill for which many people did not yet have a clear grasp of the final changes, but House Republicans got it done this week. They passed their version of the “one big, beautiful bill,” a behemoth that pairs tax cuts with new provisions that will push people off Medicaid and food assistance. Low-income Americans will feel the effect of changes to aid programs, while the wealthy will see most o

Post By : 2025-05-23

Protestors accuse Trump of corruption as he hosts crypto gala dinner

US President Donald Trump has hosted top purchasers of the cryptocurrency that bears his name at a gala dinner, in an event that protesters and his Democrat opponents branded as "corrupt". $TRUMP was launched shortly before his inauguration in January, initially rocketing in value before falling sharply afterwards. "It's fundamentally corrupt - a way to buy access to the President," Democrat senator Chris Murphy wrote on X. Protesters gathered outside the event on Thursda

Post By : 2025-05-23

Leading crypto firm Coinbase faces up to $400m hit from cyber attack

One of the world's biggest cryptocurrency firms, Coinbase, says a recent cyber attack will cost it up to $400m (£301m). The firm said it was contacted by hackers who claimed to have gained access to customer information, obtained by making payments to Coinbase contractors and employees. In a blog post, Coinbase said the criminals had gained access to "less than 1%" of its customer data, which they then used to impersonate the firm and trick people into handing over their cryp

Post By : 2025-05-21

Millions of consumers could get £70 after Mastercard ruling

Millions of shoppers could get up to £70 each after a tribunal approved a settlement in a lawsuit against Mastercard which stemmed from historic fees levied on businesses by the card provider. The decision comes after a long-running legal case going back almost a decade, brought forward by a former financial ombudsman. Walter Merricks argued that shoppers were charged higher prices after fees were wrongly levied on transactions made over a 15-year period between 1992 and 2008. It is not ne

Post By : 2025-05-21

EU plans €2 fee on small parcels in hit to Shein and Temu

The European Union has proposed a two-euro flat fee on billions of small parcels sent directly to people's homes, which mainly come from China at the moment. The new tax would mean that packages worth less than 150 euros (£126) are no longer customs-free. Online marketplaces, including Chinese giants Temu and Shein, would be expected to pay the fee, said EU Trade Commissioner Maros Sefcovic. Last year, 4.6 billion such parcels entered the EU, with more than 90% coming from China. Such

Post By : 2025-05-20

Elon Musk signals plans to dial back political spending

Billionaire Elon Musk has said he expects to dial back his political donations, a major shift from the figure who shook up the 2024 election as a top donor to President Donald Trump. Musk, who ultimately spent more than $250m (£187m) in support of Trump's campaign, told an economic conference in Qatar that he planned to do "a lot less" spending in the future. He also said he was committed to leading electric car company Tesla for another five years. The comments come just a f

Post By : 2025-05-20

Cyber attack threat keeps me awake at night, bank boss says

The boss of one of the UK's biggest banks has said the threat of cyber attacks "keeps me awake at night". Ian Stuart, the CEO of HSBC UK, said cyber security was "top of the agenda" for his banking group, and dealing with IT vulnerabilities was an "enormous" expense for the sector as a whole. He said: "It does worry me - we can be attacked and we are being attacked all the time." Mr Stuart and other bank bosses have been speaking to the Commons Treasur

Post By : 2025-03-27

Pocketway Expands into Rig Mining with a Focus on Safety and Energy Efficiency

Pocketway, a leading investment and financial services firm known for its innovative portfolio management and fintech-driven solutions, has announced its strategic expansion into the cryptocurrency rig mining sector. The move marks a significant diversification for the company, signaling confidence in the long-term viability of blockchain technologies and digital asset infrastructure. A New Chapter: From Finance to Digital Mining With financial markets increasingly intertwined with blockchain in

Post By : 2024-06-28T22:59

Top U.S. banks hike dividends after sailing through Fed's stress test

NEW YORK, - U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and market turmoil in the Federal Reserve's annual health check. JPMorgan Chase (JPM.N), opens new tab, the largest U.S. lender, hiked its dividend to $1.25 a share from $1.15, according to a filing. Its board also authorized $30 billion in new share buybacks, effective July 1. Bank of America's (BAC.N), opens new t

Post By : 2024-06-28T15:15

Austrian regulators fine Raiffeisen for money laundering lapses

Austrian regulators fined Raiffeisen Bank International (RBIV.VI), opens new tab for lapses in its money laundering controls, the country's Financial Market Authority said on Friday, imposing a record fine of just over 2 million euros ($2.1 million). The penalty, the biggest ever to be awarded by regulators in Austria, was handed out after failings were found in RBI's money laundering and terror financing checks on two banks it was dealing with, the regulators said, without naming the ba

Post By : 2024-06-28T12:18

Russia's VTB bank says US sanctions have complicated cross-border transactions

U.S. sanctions imposed on Moscow this month have complicated the foreign trade operations of Russian banks, but they are gradually adapting to the new realities, the finance director of VTB (VTBR.MM), opens new tab, Russia's second-largest lender, said on Friday. On June 12, the U.S. imposed Ukraine-related sanctions on the Moscow Exchange (MOEX.MM), opens new tab, which stopped trading in currency pairs with the dollar and euro. The sanctions package also targeted China-based companies sell

Post By : 2024-06-28T07:00

World Bank Approves $1.25 Billion Loans for the Philippines

The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans for the Philippines' education and public infrastructure sectors. In a statement, the World Bank said it will extend a $500 million loan for a Philippine project aiming to repair disaster-hit schools in provinces and improve their capacity to operate even after being battered by natural disasters. The World Bank also approved a $750 million loan to support reforms that increase investment in

Post By : 2024-06-28T06:01

What Happens If You Have A Low Credit Score? How To Increase A Credit Score Quickly? credit-score

A credit score is like a report card for your money. It’s a number that shows how good you are at borrowing and repaying money. Let’s learn how to increase a credit score quickly. Imagine a credit score as a grade for your money-handling skills. It’s a number ranging from 300 to 850; the higher the number, the better you’re doing. Think of it as earning an “A+” in managing your finances. Whether they’re individuals or companies lending you money, lenders

Post By : 2024-06-21T15:46

Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans

Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American lenders. The Federal Reserve and the Federal Deposit Insurance Corp. said the so-called living wills — plans for unwinding huge institutions in the event of distress or failure — of Citigroup , JPMorgan Chase , Goldman Sachs and Bank of America  filed in 2023 were inadequate. Regulators found fault with the way each of the banks planned to unwind their

Post By : 2024-06-20T06:05

How to Keep Emotional Spending in Check

Do you consider yourself as an emotional spender? Emotions play a much larger role in how you manage money than you may have ever guessed. In fact, emotions play a major role in all of the choices we make. Fear, sadness, joy, excitement, and every emotion in between can push us towards certain actions and away from others. It’s especially noticeable in personal finance, where many people find themselves making damaging spending choices in response to negative emotions. Breaking away from e

Post By : 2024-06-12T12:18

How to Work with Your Creditors When You Can't Make a Payment

When your income suddenly decreases or disappears completely, the question quickly becomes what do you do about all those bills you're supposed to be paying? If you find yourself without the means to pay your bills, it's a good idea to be proactive and communicate with each of your creditors. It's understandable if you'd rather not talk to your creditors at all (after all, you can't pay them and that's what they're going to want to talk about), but explaining your sit

Post By : 2024-06-06T10:07:41

Crypto-Mining Company: My-Pocketway Addresses Customer Debts Amidst Market Volatility

In a surprising move amidst ongoing market volatility, My-Pocketway, a leading cryptocurrency mining company, has issued a statement to its customers addressing outstanding debts. The company, known for its extensive mining operations and customer-focused services, seeks to clarify its financial expectations as the cryptocurrency market continues to fluctuate. In an official release, My-Pocketway reassured its clients of their commitment to maintaining transparency and accountability. "We u

Post By : 2024-04-27

Pocketway Reinforces Customer Trust with a Dedicated Team Focused on Fund Security and Profit Assurance

In an industry where security and trust are more valuable than ever, Pocketway continues  to set itself apart by delivering not only cutting-edge technology and investment tools  but also a deeply committed team that works tirelessly to protect customer assets and  ensure profit realization. At the core of Pocketway’s success is a simple but powerful philosophy: we succeed only  when our clients succeed. A Team-Driven Approach to Financial Security Unlike many platforms

Post By : 2024-04-06T05:20

How a Reverse Mortgage Works

A reverse mortgage can be a tremendous help to seniors looking for additional income during their retirement years. But there are drawbacks, and the concept itself is somewhat complicated. As the baby boomer generation continues to ease into retirement, it’s very likely that the demand for reverse mortgages will only increase. For those approaching retirement and considering their financial outlook, the following information can help you decide if a reverse mortgage is right for you. What

Post By : 2023-07-02T05:25

Guaranteed Home Equity Loan For Bad Credit

In today’s financial landscape, having a less-than-ideal credit score can pose significant challenges when seeking loans or credit opportunities. However, individuals with bad credit who own a home have a potential lifeline to secure financing through a guaranteed home equity loan. These specialized loans allow homeowners to tap into the equity built into their property regardless of their credit history. A guaranteed home equity loan allows homeowners to leverage the value of their proper

Post By : 2023-06-03T18:06:17

Crypto-Mining Company; My Pocketway Unveils Innovative FundExpress Card for Seamless Withdrawals

In a groundbreaking move set to revolutionize the crypto-mining industry, My-Pocketway has announced the launch of its new FundExpress Card. This innovative withdrawal solution, available in sleek black and luxurious gold versions, promises to offer customers unparalleled convenience in accessing their profits. The FundExpress Card allows customers to withdraw cash directly from ATMs or use their funds for online payments, providing a seamless bridge between digital and traditional financial sys

Post By : 2023-05-11T08:12

The Definitive Guide to UK Inheritance Tax for Expats

Understanding the UK Inheritance Tax (IHT) system is crucial for expats, High Net Worth (HNW) individuals, UK property owners, non-domiciled individuals, and those married to non-domiciled spouses. This definitive blog post will cover the intricacies of UK IHT and serve as a useful resource for expats. 1. Decoding UK Inheritance Tax (IHT) UK Inheritance Tax (IHT) is a tax levied on the value of a deceased person’s estate, including property, possessions, and financial assets. The tax

Post By : 2020-03-27T15:06:27

My Pocketway: Crypto-Mining Company Defends Reputation Amid Payment Delays, Denies Scam Allegations

In response to growing concerns and allegations of fraudulent activities, leading crypto-mining company My PocketWay has issued a statement asserting that it is not a scam. The company acknowledged recent delays in payment but attributed them to operational challenges rather than malicious intent. Over the past few weeks, numerous customers have expressed frustration over delayed payments and have raised concerns about the legitimacy of My PocketWay’s operations. These concerns have fueled