A tech founder's wife just paid $96 million for a house in Singapore's most exclusive neighborhood, marking the priciest home sale of the year

A tech founder’s wife paid 128.8 million Singapore dollars, or nearly $96 million, for a house in an ultra-exclusive Singapore neighborhood. It’s the most expensive single-family home sold so far in Singapore in 2021. The house, which was built in 1964, will likely require millions in renovations, one local real-estate agent said. See more stories on Insider’s business page. The […]

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Majority of Americans intend to get vaccinated; all 50 states announce when they plan to open vaccine eligibility: Live COVID-19 updates

The majority of U.S. adults say that they’ve either being vaccinated for COVID-19 or intending to do so as soon as possible, and that number continues to rise. That’s according to a new survey from nonpartisan health foundation Kaiser Family Foundation, which puts that number at 61% of respondents while the share that responded said they’re taking a “wait and see” approach has shrunk to 17%.  Meanwhile, all 50 states […]

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US reaches 2022 cap for H-1B visa

The US has received enough electronic applications during the initial registration period to reach the 2022 fiscal year cap for the H-1B foreign workers visa, the most sought-after work visa among Indian professionals. The US Citizenship and Immigration Services, the federal agency which screens and allocates H-1B applications, said it was randomly selected from among the registrations properly submitted to […]

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Student loan relief extended to some privately held loans

The federal government’s pause on student loan payments is being extended to more than 1 million borrowers who have defaulted on student loans that are held by private lenders, the Education Department announced Tuesday. The action is meant to bring relief to the hardest-hit borrowers in a program that allowed private lenders to provide student loans that were backed by […]

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Stimulus payments headed to Social Security recipients soon

Social Security recipients and other federal beneficiaries who don’t normally file a tax return should expect their coronavirus relief payments soon. The federal government began distributing the third round of economic impact payments in mid-March to millions of Americans. But a paperwork delay temporarily held up payments to Social Security, Supplemental Security Income and Railroad Retirement Board beneficiaries who did […]

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Banks face regulators’ scrutiny on handling of Archegos fire sale

Securities regulators in the US and Europe are scrutinising discussions between six banks linked to Archegos Capital Management to decide whether any acted inappropriately during a recent fire sale of shares that topped US$20 billion ($28.6b). Archegos founder Bill Hwang on Thursday gathered Wall Street lenders Goldman Sachs, Morgan Stanley and Wells Fargo, as well as Swiss rivals UBS and […]

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UK BANKING CHANNEL FORECAST: How shifting consumer habits and the coronavirus pandemic are shaping future usage of and informing banks' investments in branches, digital and mobile banking, ATMs, and call centers

Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Banking industry.  You can learn more about becoming a client here. The following is a preview of one Banking report, the The UK Banking Channel Forecast. You can purchase this report here. The UK banking space is experiencing a push toward digital channels — driven by branch closures, […]

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