All articles tagged with #interest
Originally Published 4 months ago — by Financial Times
US banks are lobbying to block interest on stablecoins due to concerns that it could lead to deposit flight from traditional banks, reflecting ongoing regulatory and financial stability debates.
Originally Published 6 months ago — by MassLive
Al Horford, the 39-year-old NBA center, is considering his next move as he departs from the Boston Celtics, with the Golden State Warriors seen as the favorite to sign him, but interest from the Lakers, Milwaukee, and Atlanta has also been reported, and Horford is weighing options including retirement due to family considerations.
Originally Published 6 months ago — by Sports Illustrated
Milwaukee Bucks waived Damian Lillard, making him a free agent, with interest from the Lakers, Celtics, and Warriors. Despite his age and recent Achilles injury, top NBA teams are interested in signing him, and his next move remains uncertain as he recovers and considers his options.
Originally Published 6 months ago — by Sports Illustrated
Multiple NBA teams have shown significant interest in trading for Boston Celtics star Jaylen Brown, despite his recent $304 million supermax extension, as the Celtics continue to make roster moves following recent trades of Jrue Holiday and Kristaps Porzingis.
Originally Published 1 year ago — by Anime News Network
Pocketpair announced a collaboration between its game Palworld and Re-Logic's Terraria, set for 2025. While details are sparse, the announcement coincides with news of an upcoming Palworld update. This comes amid a legal battle with Nintendo, which is suing Pocketpair for patent infringement, seeking damages related to The Pokémon Company and Nintendo.
Originally Published 1 year ago — by Business Insider
Following a fraud trial judgment, Donald Trump's debt to New York state has increased by $111,984 in interest per day, reaching a total of $455 million. His interest will continue to accrue, adding $1 million every nine days, as he pursues an appeal. Trump's co-defendants, including his sons and former Trump Organization CEO, also face rising interest on their penalties. The judgment has been criticized by Trump's defense team, while the attorney general's office sees it as a significant victory for New York's marketplace and the rule of law.
Originally Published 1 year ago — by New York Post
New York Attorney General Letitia James is taunting former President Donald Trump over the mounting interest he may owe on his $355 million civil fraud judgment, tweeting a running tally of the money he potentially now owes. Trump's legal team has filed a notice of appeal to overturn the ruling, which also saw him banned from doing business in New York for three years. James has vowed not to shy away from going after Trump's assets if he can't come up with the money or refuses to pay up, while Trump has accused James of launching a political "witch hunt" and claimed the justice system had been weaponized against him.
Originally Published 1 year ago — by Newsweek
Former President Donald Trump owes over $1 million in interest on a fraud judgment, with the figure increasing by more than $110,000 daily until he pays New York the full settlement. Alongside the financial penalty, Trump was banned from taking out bank loans in New York and serving as a company director for three years. Trump's two adult sons were also ordered to pay $4 million each and barred from doing business in New York for two years. Trump's attorneys have filed a notice of appeal, and he has 30 days to post a roughly $400 million bond to stop collections.
Originally Published 1 year ago — by Fox News
New York Attorney General Letitia James taunts former President Trump about the interest he may owe on a civil fraud judgment of over $350 million, celebrating the victory and posting updates on the increasing amount. Trump's legal team has appealed the ruling and is seeking to overturn the verdict and reverse the penalties. James has stated that she is prepared to ask the judge to seize Trump's assets if he cannot pay the judgment, while Trump maintains that he is worth several billion dollars and plans to appeal the decision.
Originally Published 1 year ago — by Business Insider
Judge finalizes $454 million judgment against Donald Trump in civil fraud trial, adding nearly $100 million in pre-judgment interest, with Trump now owing $112,000 in interest per day. Trump has 30 days to pay or appeal the verdict, as the legal battle with New York Attorney General Letitia James comes to an end. Trump's lawyers plan to appeal, citing serious legal and constitutional questions.
Originally Published 1 year ago — by Yahoo News
Judge Arthur Engoron finalized a $454 million civil fraud judgment against Donald Trump, giving him 30 days to pay or secure a bond, with an additional $112,000 in interest accruing daily. Trump's legal team plans to appeal the verdict, which stems from a case involving inflated asset values. The judge rejected attempts to delay the penalty and stated that Trump's actions were a "venial sin."
Originally Published 1 year ago — by ABC News
Former President Donald Trump owes $87,502 in post-judgment interest every day until he pays the $354 million fine ordered by Judge Arthur Engoron in his civil fraud case, with interest accruing at a rate of 9% annually. New York Attorney General Letitia James has vowed to enforce the judgment, including seizing Trump's assets if necessary. Trump's adult sons and former Trump Organization CFO also face fines and interest. Trump's appeal will prompt an automatic stay of the ruling's enforcement, but he must deposit the full amount into an escrow account or post a bond to halt interest accrual.
Originally Published 1 year ago — by CBS News
The Federal Reserve's pause on rate hikes has led to banks and financial institutions offering high annual percentage yields (APYs) on certificates of deposit (CDs), particularly for 1-year CDs. Some of the best 1-year CD rates for February 2024 include Resource One Credit Union at 6.17% APY, Lafayette Federal Credit Union at 5.56% APY, and Salem Five at 5.55% APY. Locking in a 1-year CD now could provide some of the best rates available on interest-bearing accounts and guarantee returns for the full CD term.
Originally Published 2 years ago — by MLB Trade Rumors
The Kansas City Royals and Seattle Mariners have both expressed trade interest in outfielder Tyler O'Neill.
Originally Published 2 years ago — by CNBC
Single-stock exchange-traded funds (ETFs) have gained popularity in correlation with the popularity of their underlying stocks, such as Tesla and Nvidia. GraniteShares, which launched its single-stock ETFs in August 2022, has seen considerable gains in its Tesla, Apple, and Coinbase ETFs. However, CEO Will Rhind notes that the rally in these products is more suited for short-term activity and exposures. Dave Nadig, a financial futurist, highlights the advantages of single-stock ETFs for investors with discount brokerage accounts. While more single-stock ETFs are expected to enter the market, their success will depend on investor interest and market trends.