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Signature Bank Halts SWIFT Transactions Under $100,000 for Crypto Users, Says Binance

Signature Bank’s customers facilitating fiat operations with Binance will not be able to make SWIFT transfers of less than $100,000, according to the crypto exchange. “One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts of less than…

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3 Best-Performing REITs With Dividend Yields Above 8%

One of the best things about real estate investment trusts (REITs) is the diversity of property types, which allows investors to choose subindustries as well as the ability to choose an investment based on its dividend income or recent momentum. Some income investors buy REITs strictly for high-yielding dividends. Other REIT investors look for ongoing…

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Netflix: Password sharing ‘undermines’ business, warns crackdown will intensify

Netflix (NFLX) freeloaders, beware! The company is ramping up its password sharing crackdown. Following fourth quarter earnings results on Thursday that saw subscriber numbers leap past expectations, the company warned in its quarterly letter to shareholders it will be intensifying its push to combat password sharing. “Later in Q1, we expect to start rolling out…

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Netflix Q4 earnings preview: Investors eye ad tier update, continued subscriber gains

Netflix (NFLX) is set to report fourth quarter financial results after the bell on Thursday as investors seek greater clarity surrounding the streaming giant’s profitability efforts, including its crackdown on password sharing and its recently debuted ad-supported tier. The Street will also continue to keep a close eye on subscriber numbers, which fell in each…

Oil Extends Decline on US Recession Concern, Inventory Build

Oil erased an earlier drop as signs of rising US inventories vied with expectations of more robust Chinese demand. West Texas Intermediate was little changed above $79 a barrel. The American Petroleum Institute reported a 7.6 million-barrel gain in commercial stockpiles, according to people familiar with the data, reflecting the lingering impact of a December…

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Apple unveils host of Macs including new MacBook Pro with faster M2 chips

Apple has unveiled a host of new Macs, with what it says are dramatically faster new chips. All of the new computers are powered by the new M2 Pro and M2 Max, high-end versions of the M2 chip that were first revealed in laptops last summer. The new chips come in a variety of new…

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Mark Cuban tells Bill Maher that buying gold is ‘dumb’ — and wants bitcoin to keep plunging so he can buy more. Here are 3 simple ways to gain crypto exposure

Bitcoin plunged nearly 65% in 2022. But one billionaire investor still likes the world’s largest cryptocurrency: Mark Cuban. “I want Bitcoin to go down a lot further so I can buy some more,” Cuban said in a recent episode of Bill Maher’s Club Random podcast. Maher, who self-claims to be “very anti-bitcoin,” owns gold instead….

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Housing expert: ‘We can expect mortgage rates to go down’

Homebuyers may finally catch a break this year, says one expert, as signs of fading inflation could drive mortgage rates lower as soon as this month. “Mortgage rates have declined by almost a full percentage point since they peaked in November,” told Melissa Cohn, vice president for William Raveis, a real estate brokerage firm. “I…