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USA Property

Homeowners have new options on how to list for sale. Who benefits?

Trump's Tariffs could see iPhone prices jumpDue to President Donald Trump's new import tariffs, the price of the iPhone could rise by up to 43% in the U.S.unbranded - NewsworthyCorrections & Clarifications: The story has been updated throughout to include, correct and clarify nuances of the industry and to correct an error. The National Association of Realtors location was misstated in an earlier version of the story. NAR is based in Chicago. A new policy clarifying how homeowners may list their properties for sale may instead sow confusion and friction in...
Currencies

Asian stocks slide after Wall Street surrenders to a hit by Trump’s tariffs

HONG KONG -- Asian shares slid further Friday after U.S. President Donald Trump's tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020. Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies has fallen. Even gold, a traditional safe haven that recently hit record highs, pulled lower after Trump announced his “Liberation Day” set of tariffs,’ which economists say carries the risk of a potentially toxic mix of weakening economic...
Stock Market

Wall Street rises in jittery day ahead of Trump tariff announcement

By STAN CHOE, AP Business WriterNEW YORK (AP) — U.S. stocks whipped through another dizzying day Wednesday in the final hours before President Donald Trump’s unveiling of the tariffs promised as part of his “ Liberation Day,” which could drastically remake the global economy.The S&P 500 rose 0.7%, but only after careening between an earlier loss of 1.1% and a later gain of 1.1%. It’s had a pattern this week of opening with sharp drops only to finish the day higher.The Dow Jones Industrial Average added 235 points, or 0.6%, and the Nasdaq composite climbed 0.9%. Both also...
Currencies

CAPSS: A game changer for Caricom trade | Business

THE Central Banks of Barbados and the Bahamas have successfully processed a cross-border payment using their respective currencies without the need for an intermediary currency.Speaking to Express Business, key stakeholders hailed this as a significant breakthrough, emphasising its potential to help Caribbean Community (Caricom) nations trade with less reliance on the US dollar and other third-party currencies.They noted that this development paves the way for greater financial independence in regional trade.A representative from Trinidad and Tobago’s Central Bank was present to witness the real-time transactions in local currencies within Caricom,...
USA Property

DeSantis wants property tax relief for Florida homeowners. See plan

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...
Currencies

ICE, Circle to explore using USDC Stablecoinoin

Intercontinental Exchange Inc., parent of the New York Stock Exchange, is joining with Circle Internet Financial Ltd. to explore the use of the crypto firm’s USDC stablecoin, as well as tokenized money market funds, to develop new products.“We believe Circle’s regulated stablecoins and tokenized digital currencies can play a larger role in capital markets as digital currencies become more trusted by market participants as an acceptable equivalent to the US dollar,” Lynn Martin, president of the NYSE, said in a statement Thursday. Circle and ICE will explore using Circle’s stablecoins...
Upcoming Investments

What they’re saying about Hyundai’s $5.8 billion investment in Ascension

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...
USA Property

Ohio’s property tax crisis is festering. There are solutions.| Opinion

Michael Stinziano  |  Guest ColumnistSouth Side homeowner Bonnie Mitchell sees 500% tax hikeSouth Side homeowner Bonnie Mitchell sees 500% tax hike, seeks relief through Legal Aid Society; is able to keep houseMichael Stinziano is Franklin County auditor.Re: "Will Ohio homeowners get property tax relief? Why lawmakers can’t agree on a fix," Feb. 24: Ohio does not have a property value problem; it has a property tax problem.Increasing home values are not the cause of unaffordable property tax bills in Franklin County. A byzantine, unconstitutional property tax system that forces underfunded schools...
UK Property

House prices in West Midlands are on the move – Halifax reveals figures for West Midlands and UK

Bigger homes have been driving property price growth in the West Midlands over the past year, according to analysis by the bank.The trend could make it easier for first-time buyers to take their first step on the property ladder – but harder for them to move up to a property with more space.The average price of a house in the West Midlands is now  £258,617,  That is a rise of almost £10,000 on last year - a jump of 4%.Halifax says prices are risingThe Halifax has also looked at the...
USA Property

Mar-a-Lago security zone sees yet another home sale, this one at $14M

The custom home had been on and off the market since 2021.More than 20 planes have violated airspace near Mar-a-Lago with the latest incidentsTwo civilian aircraft flew over restricted airspace near President Donald Trump's Mar-a-Lago recently forcing NORAD to respond.Straight Arrow NewsThe house at 153 Kings Road was built in 2009 as a custom home by the sellers, Michael and Lori Bernstein.The propery measures a little more than quarter of an acre on the second street north of Mar-a-Lago. The area closes to through traffic when Trump is in residence...
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