Steven Mnuchin begins reforming America’s giant mortgage-guarantee firms

“THE LAST unfinished business of the financial crisis”: that is the rallying cry of those seeking to reform Fannie Mae and Freddie Mac, the two giant government-sponsored enterprises (GSEs) that back much of America’s mortgage industry. In 2008, amid the wreckage of the housing market, they were bailed out by the federal government to the…

Jeffrey Epstein ‘signed will two days before death’ – BBC News

Image copyright Reuters Image caption Epstein’s more than $577m in assets were put into a trust, according to reports Jeffrey Epstein signed a will two days before killing himself in his New York jail cell, US media reports say.Court papers filed last week in the US Virgin Islands valued Epstein’s estate at more than $577…

Teens who eat lots of fast food and avoid fruits and vegetables may be more likely to have depression

Teens with unhealthy eating habits may be more likely to have depression, according to new research.A high- sodium, low-potassium diet (such as one with a lot of fast food and not much produce) was linked to more severe symptoms of depression.These results suggest eating more fruits, vegetables, and whole grains could help improve mental health.…

The 8 finest ‘no foreign deal cost’ charge card that will conserve you cash on international trips

During college, a friend and I spent 10 days visiting four different countries in Europe — and since some of them were outside of the Euro zone, that meant that we’d be using three different currencies. I decided to use my credit card whenever possible, and only use cash when I didn’t have a choice.…

Realme 5 Pro preview: Sony’s 48MP IMX586 comes to the budget segment

We may earn a commission for purchases using our links. Learn more. All of the power Realme is betting on Sony’s 48MP IMX586 camera module as the differentiator on its latest budget phone. Realme burst onto the scene in India just 15 months ago, and it’s already releasing its twelfth device in the country. That…

NYU professor calls WeWork’s IPO ‘Botox on a lame Unicorn’ and says its price and valuation will be a ‘throne of lies’

The New York University professor, author, and pundit Scott Galloway on Friday fiercely criticized WeWork and questioned why the company is still planning to go public with a reportedly massively slashed valuation and questionable fundamentals. Galloway was responding on Twitter to governance changes at WeWork, which is set to float on the Nasdaq as The…

Surprise! Survey says just 20% of rich millennials are investing in cryptocurrency

One in five millennials (20 percent) have invested in cryptocurrency, according to new survey results. As part of the survey, UK law firm Michelmores surveyed 500 affluent millennials – arguably a low amount – with investable assets of £25,000 or more about their approach and attitudes to money, work, investing, and lifestyle. The research shows that…

Trump reverses course, seeks negative rates from Fed ‘boneheads’ – The Globe and Mail

Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S. Leah Millis/Reuters U.S. President Donald Trump on Wednesday called on the “boneheads” at the Federal Reserve to push interest rates down into negative territory, a move reluctantly used by other world central banks to battle weak economic growth that risks punishing savers and…

N26 has actually rolled out a brand-new tool and officially left beta in the United States

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Banking subscribers. To receive the full story plus other insights each morning, click here. Following a limited beta launch in the US last month that allowed 100,000 users to sign up and access its product, N26 has now rolled out its services…

Realme XT review: Beating Xiaomi at its own game

We may earn a commission for purchases using our links. Learn more. First Realme has managed to launch a 64MP phone ahead of Xiaomi in India, and that’s a big deal. Realme has transformed India’s budget segment. Before it burst onto the scene last year, it was inconceivable that any other brand would be able…