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madlyna
1 month ago
XRP serves three live functions: cross-currency payment settlement, collateral at Ripple Prime, and streaming payments for AI software agents via Stripe's Machine Payments Protocol.
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.

#payment #live #settlement #Streaming
iSUUfCy4
1 month ago
On September 16, Evolution Petroleum Corporation (NYSEAMERICAN:EPM) held its fiscal fourth-quarter and full-year 2026 earnings call, and the numbers told a story of a company climbing out of a rough patch. Revenue jumped 20% sequentially to $24.2 million as oil prices realized before hedge settlements shot up 49% year over year to $90.74 a barrel. Adjusted EBITDA more than doubled to $6.5 million. After a bruising third quarter, the fourth quarter finally looked like the recovery management had promised investors back in May.
The fourth-quarter turnaround wasn't just about crude. NGL prices realized $32.49 a barrel, up 27% year over year, and because Evolution leaves its NGL production entirely unhedged, every dollar of that gain flowed straight through. That combination of higher liquids pricing, growing production, and the roll-off of a prior-period transportation adjustment at the Delhi Field pushed operating cash flow to $6.8 million in the quarter, nearly double the $3.5 million generated in the third quarter.
Behind the quarterly numbers sits a longer-term shift in how Evolution makes money. The company closed a roughly $16 million acquisition of mineral and royalty acreage in the Permian's Midland Basin after the fiscal year ended, adding about 3,420 net royalty acres and more than 200 barrels of oil equivalent per day of current production, all without Evolution spending a dime on development. That mirrors what's already happening in the SCOOP/STACK play, where fourth-quarter production climbed 14% year over year to 1,275 BOE per day while unit operating costs fell to $10.33 a barrel. Evolution also replaced more than 100% of the 2.6 million barrels of oil equivalent it produced during the year, ending fiscal 2026 with 27.2 million barrels of proved reserves, an outcome that matters directly to a dividend now in its 52nd consecutive quarter.
Not every part of the business bounced back. Average daily production fell 4% year over year to 6,901 barrels of oil equivalent per day, largely because the flush production from new Chaveroo wells that boosted last year's fourth quarter has since tapered off. Natural gas pricing remained the softest spot in the portfolio, especially at the Jonah Field, where CEO Kelly Loyd said "regional differentials have weighed on realizations" even as broader demand for gas keeps growing. CFO Ryan Stash noted that stronger oil and NGL results helped offset "continued weakness in natural gas realizations, particularly at Jonah."

#barrel
dashna
1 month ago
Burford Capital Limited (NYSE:BUR) announced on September 14 that its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC, priced $300 million of 8% senior secured notes due 2029. Closing is expected September 17, subject to customary conditions.
Net proceeds and existing cash are intended to redeem the subsidiary's 6.25% unsecured notes due in 2028. The transaction would move this maturity into 2029, with a coupon 175 basis points higher.
The September 14 offering announcement confirmed $400 million of outstanding 2028 notes, making the cash contribution central to the refinancing. Burford Capital Limited (NYSE:BUR) said it expected to issue a conditional notice targeting September 24, 2026, for redemption of all $400 million, subject to successful completion of the $300 million financing.
For Burford Capital Limited (NYSE:BUR), refinancing ahead of maturity creates more room for litigation investments to generate cash. Court proceedings, settlements, and collections follow uncertain schedules. Reducing dependence on a particular realization date could help management preserve investment value.
Redeeming the confirmed $400 million balance with $300 million of replacement notes would reduce gross principal by $100 million. Calculated annual coupons would fall from $25 million to $24 million, before fees and other financing costs.

#capital #september #NYSE
echo54
1 month ago
Coinbase (NASDAQ: COIN), one of the world's largest cryptocurrency exchanges, recently partnered with Moov, a payments infrastructure provider, to bring stablecoin payments and settlements to more than 1,000 U.S. community banks and credit unions. By integrating Coinbase's digital ******* et infrastructure into Moov's payments platform, the two companies will enable those financial institutions to accept stablecoins without building their own blockchains.
Let's see how this partnership could help Coinbase, why everyone is talking about stablecoins right now, and how the upcoming vote on the CLARITY Act could impact those plans.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Stablecoins are cryptocurrencies pegged to a stable fiat currency, such as the U.S. dollar or the euro, and can be held without a bank account. Their payments can be settled 24/7, enabling faster, cheaper money transfers than fiat currencies. They can be deposited in third-party lending platforms and liquidity pools to earn higher yields than traditional bank accounts.
Stablecoins can also allow people in countries with hyperinflation to preserve their savings without buying the underlying fiat currencies. They can also be used to accelerate cross-border transfers by acting as a "bridge currency" between the two fiat currencies.

#signal #Coinbase
gwuqm7_wb5f29fos
1 month ago
By Alexander Cornwell and Rami Amichay
TEL AVIV/PSAGOT, West Bank, Sept 9 (Reuters) - Israel has given Britain 30 days to close its East Jerusalem consulate in response to sanctions on goods from settlements, a measure Britain's leader said on Wednesday was needed to "stand against injustice" in the occupied West Bank.
In the West ‌Bank, where Israeli settlements have eaten into territory Palestinians seek for a state, settler business owners said the sanctions — announced on Tuesday by Britain, France and Canada — ‌would dent their revenues and at least one said they could force him to close his date farm.
The sanctions are among the strongest collective actions taken by Western countries that Israel once counted as close allies, highlighting its growing isolation over the war in Gaza and expansion of settlements in occupied territory.
ISRAEL SETS DEADLINE FOR BRITAIN TO CLOSE CONSULATE

#britain #sanctions #settlements
driftfg
1 month ago
Iran is increasingly using cryptocurrencies to settle cross-border trade as the country faces intensifying U.S. sanctions and a naval blockade, the Financial Times reported on Sep. 8.
A cryptocurrency is a digital currency that runs on a blockchain, a shared public ledger, allowing money to move across borders without passing through the traditional banking system.
The country's central bank has in recent months quietly eased its strict foreign currency controls, encouraging businesses to bring funds back into the country through whatever channels are available, including crypto exchanges that handle Tether's USDT and Bitcoin (BTC), citing regime insiders, business executives and **** ysts, the report said.
Tether's USDT is a stablecoin, a type of cryptocurrency designed to hold a steady value against the U.S. dollar, making it useful for trade settlements.
Bitcoin is the world's first and largest decentralized cryptocurrency which has seen a wild appreciation in its value since its launch in 2009.

#trade #Iran
zngycytybsteuy
2 months ago
By Alexander Cornwell
TEL AVIV, Sept 6 (Reuters) - Israeli Prime Minister Benjamin Netanyahu has ordered unauthorized settler outposts in the West Bank to be dismantled, two people familiar with the matter said on Sunday, amid ‌pressure from the U.S. to crack down on settler attacks on Palestinians.
The order applies to outposts established by ‌settlers without official authorisation from the Israeli state, the sources said. Outposts typically consist of prefabricated caravans and house a small number of settlers. The state has from time to time demolished such structures and also formally recognized others, allowing them to access government funding.
It was not immediately clear when the operation would begin.
U.N. bodies and most governments deem all Israeli settlements illegal under international law and consider the West Bank to be occupied territory under military control. Israel argues the territory is disputed, not occupied.

#israeli #occupied
sotuhu
2 months ago
A $500,000 pre-tax 401(k) overstates real value because withdrawals face ordinary income tax at rates up to 37%, plus state taxes on top.
After divorce, the Section 121 home-sale exclusion drops from $500,000 to $250,000, exposing any appreciation above that cap to capital gains tax.
Unlike a home in a soft 4-million-sale market, a 401(k) lets its owner time withdrawals and Roth conversions to minimize taxes in low-income years.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Divorce settlements often treat ***** ets as equal, but they are not. A $500,000 house and a $500,000 pre-tax 401(k) might look identical on a worksheet, and courts often treat them that way, but the two numbers could not be more different. One is roughly what you see. The other is a gross figure that shrinks the moment you touch it. The hidden rule inside every traditional 401(k) is that the IRS is a silent co-owner, and no divorce decree can change that.

#withdrawals
h7pq14jnmdttza94
2 months ago
LONDON, Sept 1 (Reuters) - Britain will set out a "comprehensive" package of ‌measures on Israeli settlements in ‌the occupied West Bank in the coming weeks, Foreign Secretary Ed Miliband said on Tuesday.
Miliband told lawmakers that Israel's E1 settlement project would cut across land ‌which the ⁠Palestinians seek for a state and "risks making a Palestinian state ⁠unviable".
"This government will not acquiesce in the destruction of the two-state solution," he said. "We will act and I will ‌set out a comprehensive set of measures in the coming weeks."
Britain and other European nations have criticised Israel's plans, while Prime Minister Andy Burnham ‌said before taking office that he was "looking at measures to ban trade in ‌goods with illegal settlements".
The Times reported on Monday that U.S. President Donald Trump's administration is "closely" tracking any plans to ‌introduce a trade ban.

#measures #settlements #weeks #trade
vcTlD
2 months ago
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It's been a summer of settlements, with major companies such as Equifax, Capital One, and Amazon paying out millions — even billions — of dollars to consumers.
Whether you've been involved in a class action lawsuit, a personal injury lawsuit, or other type of case, settling out of court can result in a major windfall. And having a plan for what to do with that money can set you up for financial success for years to come.
The amount you can expect to receive from a settlement depends on the nature of the case.
For example, a class action settlement is an agreement that resolves a lawsuit brought by a group of people who experienced the same (or similar) harm from a company or other organization. The resulting payment may be distributed to each person as one lump sum or in structured installments over time.

#case
09orbit
2 months ago
Pharmaceutical giant Johnson & Johnson (NYSE:JNJ) is one of Jim Cramer's favorite stocks in the sector. Over the course of this year, the CNBC TV host has praised the firm on multiple occasions. Among the reasons that he has been optimistic about Johnson & Johnson (NYSE:JNJ) include the firm's cancer drug portfolio and its Triple A balance sheet. For instance, in his July 6th appearance on Mad Money, Cramer remarked that "P&Gs and the J&Js in your portfolio allow you to safely own the techs." With tech stocks struggling recent due to concerns about the data center buildout, it was unsurprising that Johnson & Johnson (NYSE:JNJ) popped up on his radar once again on August 24th:
"I've been using that one stock JNJ to be able to [example] becuase it has a better balance sheet at this point than the US government, it doesn't need money, it's got very good science. It's not hostage to the government right now. It's got more new drugs than any of the, 18 new compounds, could be a billion dollars. And I come back and say, all right, well that's the treasury, plus the upside."
Johnson & Johnson (NYSE:JNJ)'s shares are up by more than 50% over the past year. Cramer's optimism about the firm covers several, but not all, aspects of the debate surrounding the firm. While Johnson & Johnson (NYSE:JNJ) has raised its full-year revenue guidance to a midpoint of $101 billion, removed headwinds related to its longstanding talcum powder lawsuits and posted strong growth with its Darzalex and Tremfya drugs for myeloma and psoriasis, concerns about its MedTech growth, flat profits growth and a 55.7% sales hit to its immune system disorders drug Stelara continue to raise the potential for headwinds.
For instance, Johnson & Johnson (NYSE:JNJ)'s MedTech business grew by a mere 3.6% in the second quarter as it was impacted by a slowdown in sales of heart-recovery devices following a study in the United Kingdom. Additionally, for a firm that's struggling on the net income growth front, $5.5 billion in talc powder settlements will continue to be a headwind to the cash flow. Johnson & Johnson (NYSE:JNJ) is due to pay $3 billion out of the $5.5 billion in 2027. Yet, at the same time, the diversified business nature means that some segments are growing. One example is the Innovative Medicine Business, which grew by 6.8% to $16.4 billion revenue, due to Darzalex and Tremfya.
Looking at hedge fund sentiment, while 113 out of the 1,022 funds part of Insider Monkey's Q1 database had held a stake in Johnson & Johnson (NYSE:JNJ), the figure jumped to 117 out of 1,006 funds in Q2. Among the notable additions was Polar Capital's $199 million stake, while Fisher ****** et Management ****** ped its stake by 44% to $3.3 billion. On the valuation front, Johnson & Johnson (NYSE:JNJ) trades at a forward P/E ratio of 23.4,2 which is lower than MRK's 56.82 and higher than AbbVie's 18.83. Shares short as a percentage of float are negligible at roughly 1%.

#billion #tremfya
aknweo
2 months ago
By Alexander Cornwell
JERUSALEM, Aug 20 (Reuters) - U.S. Ambassador to Israel Mike Huckabee has warned militant Israeli settlers in the occupied West Bank not to steal property owned by Palestinian Americans, describing such behavior as "a violation of God's law".
Huckabee, a Baptist minister and longtime supporter of ‌Israel's settlements, told Reuters in an interview that settlers found to have taken part in a siege of homes in the West Bank village ‌of Qusra, including one belonging to Palestinian American Loui Ridi, could be punished with U.S. sanctions.
Israeli settlers began encircling homes in Qusra on August 9, in what rights groups said was an attempt to seize privately owned Palestinian land. The case has drawn international condemnation.
Israel's military has deployed dozens of troops to the area and has since pushed the settlers back from the homes. But they remain nearby and residents including Ridi say they fear the settlers will encroach on their properties again once those troops pull back.

#homes
xolobdagamokikuxidsi
2 months ago
Former NBA guard Kent Bazemore is sounding the alarm for professional athletes after opening up about the heavy financial toll of his recent divorce.
Following a ten-year career where he earned nearly 78 million dollars in salary, the retired basketball player shared candid reflections on how quickly wealth and relationships can collide once the playing days are over.
His ex-wife filed for divorce in 2022, the exact same year he retired from professional basketball, ultimately leaving him with substantial financial settlements. His cautionary comments have struck a major chord across social media, reigniting intense debates on how athletes manage their personal lives amidst massive wealth.
His personal experience highlights a growing pattern of high-profile financial and legal battles between superstar athletes and their former partners.
The retired shooting guard openly questioned the true motivations behind marriages formed during the height of an athletic career.

#financial #guard #Basketball
eCND2W19lk
2 months ago
Aug 15 (Reuters) - Russian troops have taken control of 19 settlements ‌in southeastern Ukraine's Dnipropetrovsk ‌and Zaporizhzhia regions over their summer campaign, the Russian defence ministry said on Saturday.
In a statement, the ministry cited a report by Pyotr Bolgarev, commander ‌of the ⁠eastern group of forces. It did not name the ⁠settlements.
Separately, the ministry said its forces had recently taken control of the settlement of Rybalskoye in Zaporizhzhia region, ‌news agency Interfax reported.
Reuters could not independently verify the battlefield reports.
Russian advances on the frontline have slowed this year even as Moscow has ‌intensified its ballistic strikes on Kyiv and other Ukrainian cities.

#ministry #zaporizhzhia #taken #control
mildlycomet
3 months ago
New York-based MetLife, Inc. (MET) is a financial services company that provides insurance, annuities, employee benefits, and ******* et management services worldwide. Valued at $60.5 billion by market cap, the company also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products, as well as other products and services. The global provider of insurance, annuities, and employee benefit programs is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Wednesday, Aug. 5.
Ahead of the event, ******* ysts expect MET to report a profit of $2.36 per share on a diluted basis, up 16.8% from $2.02 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
Alibaba Stock Just Got Apple's Biggest AI Endorsement. This Could Be a Game Changer for BABA.
Elon Musk Says If ******* eX Accomplishes Its Goals, 'It Will Be Worth More Than The Rest of Earth' — Though He's Also Said 'Money Will Stop Being Relevant'
AI Bubble Fears, Earnings and Other Can't Miss Items this Week

#annuities #products
gTYIW4g5ytJek4
3 months ago
President Donald Trump's brazenly corrupt "settlement" of his lawsuit against the IRS included a jaw-dropping order in which Acting Attorney General Todd Blanche purported to shield him and his family from liability for tax violations and any other federal offenses they may have committed prior to May 19. During his confirmation hearing on Wednesday, Blanche, who is seeking Senate approval of his nomination as attorney general, repeatedly misrepresented the scope and nature of that sweeping immunity deal.
In response to questions from Sen. Richard Durbin (D–Ill.), Blanche preposterously claimed his promise of protection was "typical" of settlements between the IRS and taxpayers. "This type of settlement is done regularly," he said. "When we enter into settlements like that, we do it with all kinds of people. It's not just President Trump. It doesn't make any of those individuals above the law."
Blanche was referring to settlements of tax disputes. That comparison is inapt for several reasons.
First, Trump's lawsuit, which was joined by two of his sons and the Trump Organization, did not involve a dispute about tax liability. It alleged damages caused by an IRS contractor's illegal disclosure of the plaintiffs' tax returns, an issue that has nothing to do with the question of whether they owe the IRS money.
Second, even in cases that do involve alleged tax violations, it is not "typical" for settlements to include a promise that the IRS will never pursue any other claims based on past returns. After Blanche revealed his order, former IRS Commissioner Daniel Werfel told the **** ociated Press he was not aware of any previous cases in which the IRS had agreed to "permanently forgo examination of previously filed tax returns for a specific person or business."
coo_madly0885
4 months ago
Public universities and school districts have agreed to pay more than $2.7 million to educators disciplined over social media posts about slain conservative activist Charlie Kirk, including a $1.9 million settlement approved last week, as lawsuits alleging First Amendment violations continue to mount.
NBC News reported Friday that public records show at least five educators have reached settlements with their employers over the past year totaling more than $2.7 million, with a newly approved agreement accounting for the largest share.
Former University of Tennessee professor Tamar Shirinian is set to receive $1.9 million to settle a lawsuit accusing the school of violating her constitutional rights after officials sought to discipline her over social media posts criticizing Kirk following his ***** assination.
Charlie Kirk's Parents, Widow To Attend Tyler Robinson's Preliminary Hearing Next Week
Knox News reported on June 29 that the University of Tennessee System Board of Trustees approved a $1.9 million settlement for Shirinian after she called Kirk, who was ***** assinated Sept. 10 during his "American Comeback Tour" at Utah Valley University, a "disgusting psychopath."
vcTlD
4 months ago
MetLife Inc. (NYSE:MET) is one of the best value stocks to buy right now. On June 11, MetLife launched the Non-Qualified ****** ignment Flex Agreement/NQA-FA to provide more flexible settlement options for non-physical injury claims. Unlike traditional structures, this funding agreement allows for deferred payments extending beyond one year, enabling customized schedules for diverse cases like employment disputes and contract litigation.
The NQA-FA grants attorneys and brokers greater control over payment timing and design for both individual and business payees. By using a funding agreement rather than a standard annuity, it bypasses traditional regulatory restrictions, offering a versatile tool that adapts to the specific financial needs of claimants.
This solution directly addresses the rising demand for adaptable settlement structures in an era of increasingly complex litigation. By combining payment flexibility with MetLife Inc.'s (NYSE:MET) financial guarantees, the NQA-FA aims to support long-term financial security for those involved in legal settlements.
MetLife Inc. (NYSE:MET) provides insurance and financial services to individual and institutional clients in the US, Latin America, EMEA, and ****** an. The company is based in New York, New York, and was founded in March 1868.
While we acknowledge the potential of MET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
4rjUf
4 months ago
The Digital ***** et Market Clarity Act is major crypto legislation and its primary goal is to establish a regulatory framework for virtual ***** ets in the United States by clarifying the jurisdiction of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
But the legislation has proven to be controversial because of the stalemate between the banking and crypto industries over a provision concerning stablecoin rewards.
A stablecoin is a type of cryptocurrency that tries to keep its value stable by being pegged to a fiat currency like the U.S. dollar.
Related: Explained: What is a stablecoin?
A provision of the bill allows limited rewards for stablecoin holders in which users can earn yields on stablecoin payments, transfers, settlements, etc. However, a user can't earn rewards simply for holding stablecoins.
sST7ruZcpN7tGn7A
4 months ago
The Bank of England is considering introducing an AI "kill switch" to stop trading bots from causing a meltdown in financial markets.
Sarah Breeden, the deputy governor, said officials were running simulations on what would happen if AI traders all tried to execute similar trades at the same time.
She told central bankers at an event in Sintra, Portugal, that the capabilities of AI "could amplify volatility" when financial markets come under stress.
As a result, the Bank has been researching how to combat so-called "herding behaviour" by AI tools, along with Germany's Bundesbank and the Bank for International Settlements.
Ms Breeden told the conference that central banks were exploring "mitigants" such as "circuit breakers or kill switches that would limit or stop trading market-wide if faulty AI models cause market meltdown".
cometlynx
4 months ago
The canal mania of the 1830s. The British railway bubble of the 1840s. The dot-com crash of 2000. Each began with a genuine technological breakthrough that attracted more capital than commercial returns could ultimately justify. Each ended in a recession.
The Bank for International Settlements — the Basel-based institution that coordinates the world's central banks and serves as the global financial system's most authoritative watchdog — sees the $1 trillion AI investment boom in the same lineage. And it's not subtle about the comparison.
"The scale and pace of the current AI investment boom, accompanied by expectations of large productivity payoffs, bear resemblance to these precedents," the BIS writes in its Annual Economic Report 2026, released Sunday. "These episodes ended with an eventual reversal in investment, inducing economy-wide recessions."
The five largest hyperscalers are on pace to spend more than $1 trillion on AI-related capital expenditure across 2025 and 2026 combined — a sum the BIS says is already outpacing their earnings and free cash flow, forcing some to issue debt to cover the gap.
The BIS's concern isn't that AI is a fraud. The technology is real, and the report acknowledges that task-level studies consistently show productivity gains of 20% to 50% in time savings. But the concern is that every major hyperscaler is making the same massive bet simultaneously, driven by the perception that only a handful of players will ultimately dominate the market. That logic, the BIS warns, is a recipe for collective overcommitment.
GreatAmerica
6 months ago
Cashless Payments Increasingly Adopted Across Emerging Markets, Report Reveals | Crowdfund Insider

April 28, 2026 @ 3:25 pm By Omar Faridi
Cashless payments have experienced steady growth across emerging market and developing economies (EMDEs), signaling a profound transformation in how people handle everyday financial transactions. According to the most recent retail payment ******* ysis from the Bank for International Settlements (BIS), these regions are outpacing their advanced-economy counterparts in shifting away from traditional cash reliance toward digital alternatives.
The researc
Athletic
1 yr. ago
Smart contracts are becoming a new standard for trading on sports games, enabling instant settlements and transparent odds

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