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Cars were once a financial engine of America’s middle class. Now they’re a ‘wealth killer.’
Rising vehicle expenses have turned cars into a financial trap for many Americans.Business - MarketWatch - Yesterday -
Nasdaq CEO shares the best investing advice she's given her own son: It’s a ‘foundational element of wealth creation’
Nasdaq CEO Adena Friedman has a three-word piece of money advice for anyone who finds the investment market daunting. It's the same thing she taught her own sons.Business - CNBC - Yesterday -
Small Business Administration out of disaster relief funds
The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.Top stories - CBS News - October 15 -
US unveils sanctions targeting Hezbollah funding
The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...Politics - The Hill - October 16 -
GOP senators push for more FEMA funding
A group of GOP senators announced legislation Wednesday to replenish a critical disaster relief fund as members on both sides have sounded alarm over its finances amid back-to-back hurricanes. The ...Politics - The Hill - October 16 -
Unequal school funding hobbles the American dream
The next administration must act on disparities in education resources and teaching quality that choke social mobilityWorld - Financial Times - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
The index fund cushion is an equal opportunity booster for stocks
S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.Business - CNBC - October 20 -
The funding crisis threatening England’s special needs education
Cost of specialist school places is placing huge financial strain on cash-strapped councilsWorld - Financial Times - October 21 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
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Investment funds circle visual effects group Technicolor
The Paris-based moviemaking tech company is holding talks over a potential saleBusiness - Financial Times - October 24 -
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.Business - The New York Times - October 25 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30