Latest in Feeling Financial Pressure
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Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - November 14 -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
Trump team aims to bankrupt Iran with new ‘maximum pressure’ plan
President-elect wants to force Tehran to drop its nuclear programme and stop funding regional proxiesBusiness - Financial Times - November 16 -
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Roblox updates its safety systems and parental controls under outside pressure
Under outside pressure, Roblox announced updates to its safety systems and parental controls today to protect children. In a blog post, Matt Kaufman, chief safety officer at Roblox said the updates ...Tech - VentureBeat - 5 days ago -
Scholz under growing pressure to send long-range missiles to Ukraine
US decision to allow Kyiv to use Atacms on Russian targets heaps pressure on German chancellor to send TaurusesBusiness - Financial Times - 5 days ago -
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G20 waters down support for Ukraine amid pressure for peace talks
Advanced economies omit criticism of Moscow targeting civilian infrastructure and nuclear threats in Rio statementWorld - Financial Times - 5 days ago -
Scholz under pressure to stand aside for Pistorius before German election
Senior SPD figures hold talks on candidate for chancellor amid speculation about switch to popular defence minister. Germany’s chancellor, Olaf Scholz, is under mounting pressure to step aside as ...World - The Guardian - 4 days ago -
Trump team ramps up pressure on Senate GOP to approve controversial nominees
President-elect Trump’s transition team is ratcheting up the pressure on Republican senators to embrace his controversial nominees to head the Justice Department, Health and Human Services, the ...Politics - The Hill - 3 days ago -
NIO's Net Loss Widens on Lower Revenue Amid EV Pricing Pressure
The Chinese automaker’s net loss widened in the third quarter as revenue fell, dragged by lower selling prices.Business - The Wall Street Journal - 3 days ago -
Iran Faces Fresh International Pressure Over Nuclear Activities
The U.N. atomic agency has voted to censure Tehran, opening the way for punitive steps.World - The Wall Street Journal - 2 days ago -
Biden tries again at student loan cancellation, for those in financial hardship
The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...Top stories - ABC News - October 25 -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - October 25 -
France’s Financial Morass Produces a Harsh Critique From Moody’s
The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt.Business - The New York Times - October 25 -
‘There is no money’: Cuba fears total collapse amid grid failure and financial crisis
Repeated blackouts leave residents concerned about food, water supply and Cuba’s future. Maria Elena Cárdenas is 76 and lives in a municipal shelter on Amargura Street in Havana’s colonial old ...World - The Guardian - October 26 -
Gen Z is thriving financially in these US cities, new report says
A new report has found that nearly a third of Gen Z — also known as Zoomers — already feel financially secure thanks to having both a job and a side hustle, particularly in certain cities around ...Politics - The Hill - October 26 -
Hank Azaria of ‘The Simpsons’ on the key to getting your parents to help you financially
The actor, who has voiced many a memorable character on the long-running animated series, is now heading up a Bruce Springsteen tribute band.Business - MarketWatch - October 28 -
Spirit Plans Layoffs and Plane Sales Amid Financial Turbulence
The company disclosed its plans for $80 million worth of cost-cutting moves, but has shared few details.Business - Inc. - October 28 -
GB News fined £100,000 in first financial sanction by Ofcom
Media watchdog found show featuring Rishi Sunak breached impartiality rulesBusiness - Financial Times - October 31 -
Financial market worries over the UK budget appear to ease
Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the pound rising against most other ...World - ABC News - November 1 -
The west must outdo rival efforts to build an alternative financial system
Technological and geopolitical competition between democracies and autocracies are two sides of the same coinWorld - Financial Times - November 3 -
TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles
Dallas-based TGI Fridays filed for Chapter 11.Business - Inc. - November 3 -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - November 5 -
French and Dutch investigators raid Netflix offices in probe of suspected financial wrongdoing
Judicial officials say prosecutors and police investigators who specialize in fighting major fraud and corruption have raided Netflix offices in France and the NetherlandsWorld - ABC News - November 5 -
US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - November 6 -
How Jeff Bezos, Mark Cuban and other business leaders congratulated Trump
“Let that sink in,” Elon Musk said.Business - MarketWatch - November 6 -
Serious Fraud Office given extra funding to fight financial crime
Money will be used to reform how the UK agency manages its cases and handles evidenceWorld - Financial Times - November 7 -
Will you have a lower tax rate in retirement? Maybe not, financial advisors say
Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.Business - CNBC - November 7 -
News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor
The media company named Lavanya Chandrashekar as its next CFO, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.Business - The Wall Street Journal - November 7 -
Financial trade group calls on SEC chief Gensler to 'immediately' step down
The American Securities Association (ASA), a financial trade group, called on Securities and Exchange Commission (SEC) Chair Gary Gensler to immediately resign from his post following the election ...Politics - The Hill - November 8 -
Meet These 7 Potential Leaders of Financial Agencies Under Trump
A Robinhood attorney and Republican regulators are people being considered for top jobs with the SEC, Comptroller of the Currency and other roles.Business - Inc. - November 8 -
You can work at McDonald's and still become a millionaire, a financial psychologist says
Adopting a "rich mindset" can help anyone boost their net worth, according to behavioral finance expert Brad Klontz.Business - CNBC - November 9
