Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Supreme Court did not disclose financial relationship with expert brought in to review leak probe
(CNN) The Supreme Court did not disclose its longstanding financial ties with former Homeland Security Secretary Michael Chertoff even as it touted him as an expert who independently validated its investigation into who leaked the draft opinion…
'The Future of Finance: The Rise of Cryptocurrency'
The world of finance is undergoing a revolution, and at the forefront of this change is cryptocurrency. Cryptocurrency, such as Bitcoin and Ethereum, is a digital or virtual currency that uses cryptography for security. It operates independently of…
Congress should reinvigorate the CFTC so it can regulate shadowy financial markets
The Commodity Futures Trading Commission, or CFTC, is the federal regulatory agency that is charged with regulating derivatives, the complex financial products that helped cause the 2007-08 financial crisis and subsequent recession. Despite its…
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CI Financial's grand plans for U.S. expansion leave Canada behind
Please log in to bookmark this story. Create Free Account Across from the East Hotel, where Miami's rich, young and beautiful party nightly at a rooftop bar called Sugar, CI Financial Inc. CIX-T chief executive officer Kurt MacAlpine is building…
The two financial stocks Karen Firestone favors coming out of earnings
Karen Firestone of Aureus Asset Management is excited about American Express and Visa coming off their earnings reports this week as the pair highlighted consumer resiliency even as economic data shows warning signs. Data released Friday showed…
Unlock the Power of Data to Improve Financial Performance
Data is one of the most valuable assets for any organization, and it is especially important in the field of finance. The ability to analyze and understand financial data can provide valuable insights into the performance of a company and help…
What to know about George Santos and his campaign finance issues as questions grow
(CNN) Rep. George Santos began his third week as a congressman with an array of questions still swirling around the New York Republican's personal and campaign finances. He ended the week with even more unanswered questions -- after his campaign…
The Administration's Roadmap to Mitigate Cryptocurrencies' Risks | NEC
2022 was a tough year for cryptocurrencies. In May, a so-called “stablecoin” imploded, prompting a wave of insolvencies. Just months later, a major cryptocurrency exchange collapsed. Many everyday investors who trusted cryptocurrency…
Trends and Big Ideas Shaping Fintech in 2023 • TechCrunch
At Visa, we see our work with fintechs as one of our greatest opportunities. Fintechs are changing the game, reinventing the ways consumers manage their finances, and businesses manage their operations. As we begin 2023, we're excited to see new…
S.F. Toiletgate: Noe Valley will get its cheaper bathroom and City Hall gets lessons in finance
Now, the long-sought toilet won't cost as much as a San Francisco house — just as much as a sizable remodel. And it'll be ready for use late this summer, much sooner than original projections. The bathroom brouhaha might blessedly be winding…
S&P downgrades Bed Bath & Beyond, says beleaguered retailer has 'insufficient funds' to repay its financial obligations
S&P Global Ratings downgraded Bed Bath & Beyond Inc.'s credit Friday, a day after the beleaguered retailer said it was in default on loans that have been called in. The default filing sent Bed Bath & Beyond's BBBY stock plunging, although it…
5 low-effort ways to boost your finances
Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice Managing money can feel like a chore to be ticked off the to-do list.
Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
In settling a lawsuit in January with the U.S. Securities and Exchange Commission (SEC), the co-founder of crypto platform Nexo stated that he is “confident that a clearer regulatory landscape will emerge soon, and companies like Nexo will…
Crypto Biz: A peek into BlockFi's secret financials (it's not pretty)
Crypto lender BlockFi has had a highly tumultuous 12 months. After getting caught up in the Terra fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid bankruptcy after receiving a $400…
Pakistan Finance Minister Says Allah Responsible For Country's Prosperity
The Pakistan Finance Minister said that Allah was responsible for the country's development. (File) Islamabad, Pakistan: Finance Minister Ishaq Dar on Friday said Pakistan is the only country founded in the name of Islam and Allah is responsible…
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