Category: House
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Chinese House Prices Plunge at Fastest Rate in a Decade
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Chinese property prices fell last month at their fastest rate in a decade, raising concerns about the stability of the world’s second-largest economy. According to the National Bureau of Statistics, new home prices fell by 0.7% month-on-month in May, the largest monthly decline since October 2014. The decline marks the…
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UK House Prices Expected to Stagnate in 2024
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UK house prices are expected to stagnate in 2024, according to a revised forecast from Capital Economics, which now forecasts a modest rise of 0.5%, down from the previous prediction of 2%. This adjustment follows the recent survey conducted by the Royal Institution of Chartered Surveyors (RICS), which revealed a…
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‘Full House’ home for sale for $6.5 million
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I dreamed of owning a tanner’s home Full house Since Michelle was a little girl? I get it, buddy, if you have $6.5 million to spend. The famous Victorian era featured in exterior shots of the ABC show (and its Netflix sequel), is set in 1709 Broderick Street In San…
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Parastatal reforms split PSC, State House teams
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The Public Service Commission (PSC) has notified the Executive Office of the President on new guidelines on the management of parastatals, citing a simmering tussle over control of state-owned entities managing billions of shillings. PSC Chairman Anthony Mochere has described Executive Order No. 3 of 2024 on Governance Guidelines for…
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US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto
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In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…
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US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto
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In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…
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House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
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The US House of Representatives on Monday passed legislation that will provide long-awaited legal clarity on how crypto assets are classified, registered and custody. The bill, titled the Financial Innovation and Technology for the 21st Century (FIT21) Act, received near-unanimous support from Republicans along with an additional 71 votes from…
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FIT21 bill passed by US House of Representatives
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The US House of Representatives approved the FIT21 bill by a vote of 279 to 136, advancing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century (FIT21) Act could significantly impact the cryptocurrency market, indicating bullish sentiment across the market. This bill…
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White House Eager To Work With Congress On Crypto Framework Bill
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Today, the Executive Office of United States President Joe Biden issued an Administration Policy Statement on legislation HR 4762 – the Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: ?? The White House is eager to work with Congress…
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US FDIC needs ‘fresh start’ with new chair, White House official says By Reuters
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Written by Nandita Bose, Pete Schroeder, and Douglas Jellison WASHINGTON (Reuters) – The White House believes the U.S. Federal Deposit Insurance Corporation needs a “fresh start” with a new president who is not part of the leadership that has overseen its long-standing cultural problems, a White House official told Reuters…
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How The Rise In Cash Offers Are Shaping the House Buyer Property Market
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Imagine you’ve found your dream home, spent days searching for the perfect mortgage, and just as you’re about to make an offer, a buyer comes along and buys the property for cash. This scenario is becoming increasingly common in the real estate market, relegating traditional buyers to the sidelines. Although…
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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
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Executive Office of US President Joe Biden Announce Its position on the proposed legislation, HJ Res. 109, would allow highly regulated financial companies to act as custodians for bitcoin and other cryptocurrencies. JUST IN: ?? US President Joe Biden’s administration says Biden will veto legislation that would allow highly regulated…
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UK House Prices Decline for Second Consecutive Month Amidst Rising Mortgage Rates
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UK house prices fell significantly in April, recording the biggest fall since last summer, as rising mortgage interest rates restricted the purchasing power of potential buyers. According to Nationwide Bank, the main lending bank, house prices fell by 0.4 per cent last month, marking the second consecutive monthly decline and…