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19848 articles published since 08 Mar 2022

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US new home sales dip in June, missing estimates
US new home sales dip in June, missing estimates
Business and Economy

The sales rate of new family homes in the United States dipped in June, missing analyst estimates amid still elevated interest rates, according to government data released Wednesday. The data comes on the heels of a report Tuesday that also showed a drop in sales of previously-owned homes that also missed analyst estimates.

Council of Europe urges Jersey to up anti-money laundering efforts
Council of Europe urges Jersey to up anti-money laundering efforts
Business and Economy

The pan-European rights body Council of Europe called Wednesday on Jersey to enhance its implementation of anti-money laundering measures as it recognised the island’s strengthened legal framework. Moneyval said that Jersey "significantly strengthened its legal framework" and now has "most elements of an effective" anti-money laundering and counter-terrorist financing framework.

Ferrari to accept crypto-payments in Europe
Ferrari to accept crypto-payments in Europe
Technology

Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States. "By the end of 2024, Ferrari will expand cryptocurrency transactions to other countries in its international dealer network, where cryptocurrencies are legally accepted."

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