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Friday, March 31, 2023

We are waking you up on time Newspaper reading is a must; it keeps you well-informed of the latest developments around the world!

Bank of Korea says non-bank financial firms face stress from property market

SEOUL, March 23 (Reuters) - South Korea's financial firms are facing little contagion risk from troubles at U.S. and Swiss banks, but some...

Pawtucket Soccer Stadium Financing Hits the Brakes—Construction Now in Question

Wednesday, March 22, 2023 GoLocalProv Business Team   View Larger + Finance deck promoting the proposed soccer stadium in Pawtucket. The proposed minor league soccer stadium to be...

UBS-Credit Suisse will be a colossal wealth management firm

The forced marriage of UBS and Credit Suisse, two behemoths of global finance, melds a pair of storied Swiss banks and longtime rivals...

Citigroup CEO says ‘this is not a credit crisis’ after U.S. bank failures

March 22 (Reuters) - Citigroup Inc (C.N) Chief Executive Officer Jane Fraser expressed confidence in the U.S. banking system after a series of...

Financial instability as biggest market risk: Wells Fargo

A major Wall Street firm is ranking financial instability over inflation as the biggest economic risk for the next three months.In an interview...

To pay for child care, state senators propose killing child tax credit

To pay for another expansion of the social safety net, Democrats in the Vermont Senate are proposing axing an anti-poverty benefit they only...

Former Kentucky State University officials could face criminal charges for financial blunders

Kentucky's state auditor sent a scathing report on Kentucky State University to state and federal prosecutors to determine whether criminal charges could be...

Fidelity research shows retirement readiness is falling

With each passing year, Americans are getting less ready for the future.That's the unsettling conclusion of a new study by Fidelity Investments, which...

South Korea vows swift market stabilisation measures if needed

SEOUL, March 23 (Reuters) - South Korea's finance minister said on Thursday the economic and financial policy authorities would keep closely monitoring the...

An update on campus finances and plans for budget challenges

Chancellor Carol Christ, Executive Vice Chancellor and Provost Benjamin Hermalin and Vice Chancellor for Finance and Chief Financial Officer Rosemarie Rae Balla sent...

State auditor reveals findings pertaining to Kentucky State University’s finances

Weekday broadcast of WYMT Mountain News First at FourFRANKFORT, Ky. (WYMT) - The findings from State Auditor Mike Harmon’s report on Kentucky State...

Best 5-Year CD Rates for March 2023 as Rates Rise

Since March 2022, the Federal Reserve has raised the federal funds rate numerous times in an attempt to ease inflation, including Wednesday, when...

Kasper responds to complaint related to campaign finance reporting | The Mighty 790 KFGO

BISMARCK, N.D. (KFGO) – State Rep. Jim Kasper has responded to a complaint filed Monday that accused him of not disclosing a $5,000...

Bank of England: more volatility could expose UK financial weak spots

LONDON, March 22 (Reuters) - More sharp moves in asset prices could expose weaknesses in parts of Britain's financial system, the Bank of...

Finance Pros Want Better ERP Integrations

A recent survey of 250 finance professionals commissioned by Flywire (Nasdaq: FLYW), a global payments enablement and software company, found that as finance...

Fed’s Powell says SVB collapse may slow the economy through tighter credit

Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023.Olivier Douliery...

These banks are the biggest funders of the fossil fuel industry

Since the Paris Agreement in 2016, the biggest banks that fund the fossil fuel industry seem to have minimally decreased their support, and...

US working to restore capacity to designate non-bank finance institutions as systemic, Yellen says

March 22 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that her department was working to restore the Financial Stability Oversight...

Fluidity Money Introduces Crypto Cashback Program with Request Finance

Fluidity Money, a blockchain-based decentralized finance (DeFi) protocol, has introduced a cashback program in partnership with Request Finance. The program rewards customers who...

Bring on the near-misses to avoid the financial meltdowns

Last December, Oleg Rogynskyy, a West Coast-based entrepreneur who runs an artificial intelligence start-up, made a bold decision: he closed his corporate account...

401(k) contribution 2023: What is the max contribution for people over 50?

Americans use 401(k) to save money for their retirement, but there's annual limits on the amount that can be saved by the individual...

What Does it Take to Govern and Finance Person-centered Care?

On March 15th, JSI convened a distinguished panel of guest speakers for a moderated discussion on governing and financing person-centered care (PCC). The...

Virgin Orbit restarts operations, works on finance deal: reports

Launch company Virgin Orbit is returning a "small" team to operations from furlough to prepare for its next launch as it approaches a...

Stuart Varney: Biden’s massive spending got US into a big financial mess

'Varney & Co.' host Stuart Varney argues Biden and Fed Chair Jerome Powell are responsible for the banking...

Ukraine, IMF agree on $15.6 billion loan package

FRANKFURT, Germany -- Ukraine and the International Monetary Fund have agreed on a $15.6 billion loan package aimed at shoring up government finances...

Banking turmoil will not be major hit to commodities finance – CFOs

LAUSANNE, Switzerland, March 22 (Reuters) - The recent rout in bank shares will not result in a significant hit to commodities finance for...

Opportunity Finance Network Names Harold B. Pettigrew Jr. as Next President and CEO

Pettigrew will lead the network at a historic moment for CDFIs and the communities they serveWASHINGTON, March 22, 2023 /PRNewswire/ -- Opportunity Finance...

Five trade finance trends for 2023

Estimated reading time: 5 minutes As uncertainty remains in global supply chains and trade finance, the International Trade and Forfaiting Association’s (ITFA) Lynn...

Profits at commodity traders hit record in 2022, say finance chiefs

The finance heads of the world’s largest commodity trading houses said 2022 was a record year for profits, setting a high-water mark for...

Are You Guilty Of Financial Infidelity?

Would you be surprised to learn that more than a third of adults in the U.S. say they have lied to a partner...

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