Nigeria recently launched the continent’s first digital currency, the eNaira. While it holds considerable promise, it faces a tough competitive environment and key challenges to adoption and implementation.
all things money
24% of Americans say switching jobs is the best way to boost income. Here's when to put yourself on the market
Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In
As shoppers spread out their holiday purchases amid ongoing concerns about Covid, more consumers are tapping so-called buy now, pay later services. Yet studies show installment payments encourage consumers to spend more than they can afford. As many as 56% of shoppers have made a
Medicare open enrollment ends Dec. 7. Here's why you should review your 2022 coverage if you haven’t already
Medicare’s annual opportunity to change next year’s coverage ends Dec. 7. Although experts recommend evaluating your options, most beneficiaries do not review their plan: 67% had not as of mid-November, according to a recent survey. Here’s what to know. Phynart Studio | E+ | Getty
Recent commentary and discussions around the roles, opportunities, and challenges connected to stablecoins have made headlines both in the United States and other markets. As part of the response to these discussions, over 100 nations the world over have rapidly become very interested in developing
Operationalizing The First CBDC- After Its First Year, Island Pay CEO, Richard Douglas, Shares His Experience
Human knowledge proceeds in fits and starts. Although the velocity of change has accelerated over the years, certain intractable problems stand out for their resistance to thought and deed. Of this group, there are problems that are hard, which are not purely engineering problems, such
The birth of Ethereum introduced the concept of smart contracts to the cryptocurrency world for the first time and with it, decentralized applications (dApps), the applications that operate automatically without the top-down oversight by any one company or individual. But what dApps brought to the
Today, the Office of the Comptroller of the Currency (OCC), the nation’s regulator of large banks such as J.P. Morgan Chase and Wells Fargo, issued Interpretive Letter 1179, which erects supervisory barriers that will slow the entry of the fast-growing cryptocurrency industry into the U.S.
CHICAGO (Reuters) – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified equity and fixed income mutual funds that automatically rebalance to minimize risk as retirement approaches.
NEW YORK, June 10 (Reuters) – U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the Money Fund Report said on Wednesday. Taxable money market fund assets decreased by $24.31 billion to $4.534 trillion, while tax-free