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Sen. Tim Scott spoke with Fox News Digital about banking regulators who “decide” which Americans get their bank accounts shut down. Senate Banking Committee Chairman Tim Scott, R-S.C., outlined why banking regulators are the root of the issue when it comes to shutting down American bank accounts, also known as de-banking, because regulators “just don’t like them.” Banking regulators operate under an “alphabet soup” of federal agencies, and sources on Wall Street told Fox News Digital that when a regulator speaks, whether couched as a rule, guidance, or even a simple conversation, banks have little choice but to listen.”This is a financial…
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Entrepreneurs are increasingly moving away from freelancers and opting for integrated agencies that offer holistic strategies, creative solutions, and measurable results.Bali, Indonesia, August 2, 2025 — The Hidden Costs of Freelance Platforms and ‘À-La-Carte’ TalentFreelance marketplaces were initially celebrated for their ability to connect businesses with on-demand talent quickly and cost-effectively. However, as the gig economy grew, its drawbacks have become increasingly apparent. In 2024, the global freelance platform market is estimated at US $7.33 billion, growing at an annual rate of 14%. Yet, despite this growth, many business owners are finding that working with freelancers leads to brand inconsistencies,…
Looking to retire soon? It’s important to know what each state has to offer to ensure you will have the most comfortable retirement.That’s why Bankrate released a guide comparing all 50 states across affordability, safety, healthcare and taxes to rank the best and worst states for retirement. You can read more about the methodology used here.“Retirees and pre-retirees should take notice of these rankings because we looked beyond the typical categories to look closely at important lifestyle and risk factors for residents of various states,” said Stephen Kates, Bankrate’s financial analyst in the report.“There is more to being a resident…
By Bui Minh  August 2, 2025 | 01:00 am PT My parents and relatives still don’t believe I’m actually working, mainly because they see me waking up at 10 a.m. and spending my days in coffee shops. I still remember the first time I quit my corporate job to become a freelancer. I was sitting in a café working when my mother called and asked, “Are you still working? One of my friends said they saw you sitting outside that coffee shop all day. Did you quit your job?”I laughed and told her I was working. Back then, I didn’t…
Spot Bitcoin exchange-traded funds (ETFs) saw $812.25 million in net outflows on Friday, marking the second-largest single-day loss in the history of these products.The drawdown erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management slid to $146.48 billion, representing 6.46% of Bitcoin’s (BTC) market capitalization, according to SoSoValue.Fidelity’s FBTC led the exodus with $331.42 million in redemptions, followed by ARK Invest’s ARKB, which saw a substantial pullback of $327.93 million. Grayscale’s GBTC also lost $66.79 million. BlackRock’s IBIT posted a relatively minor loss of $2.58 million.Trading volumes remained active, with…
Canva is an invaluable resource for professionals across industries. For example, marketing managers use Canva to create social media content, while small business owners use Canva assets to get the word out about an in-store event. Artists, graphic designers, and other creatives can also use Canva’s graphic design software to make money online. Canva’s recent release of new and powerful AI design tools makes creating new business opportunities easy for any designer. Whether you use it to build editable social media templates or put its video editor to work creating marketing content for your clients, learn how to make money…
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Freelancing is on the rise, with many people turning to it for extra income or even full-time careers. However, finding reliable and well-paying freelance jobs can be a challenge, especially because of the growing number of scams and low-budget offers.Several trusted platforms connect freelancers with real clients and quality projects. Here are the websites that can help you land your next freelance job with ease.Freelancer.com It is the world’s largest freelancing and crowdsourcing platform, where businesses and individuals hire freelancers for various types of projects. The site allows employers to post jobs or projects on the website. Freelancers can apply…
Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry after reviewing its recently published discussion draft on a key crypto market-structure bill.The response, signed on behalf of DeFi Education Fund (DEF) members including a16z Crypto, Uniswap Labs, and Paradigm, said the Responsible Financial Innovation Act of 2025 (RFA) bill should be crafted in a more tech-neutral manner, that crypto developers should be protected from “inappropriate regulation meant for intermediaries,” and that self-custody rights for all Americans are “essential.” Legislation should “address illicit finance but not…
