Financial Charts Hallowe’en

VW fined by UK regulator for treatment of customers in financial trouble

Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowers

Business - Financial Times - October 21

Israel says more strikes are coming against a Hezbollah-run financial institution

Israel says it is planning to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night before

World - ABC News - October 21

KKM Financial's Essential 40 stock fund is now an ETF

Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.

Business - CNBC - October 21

What is the Hezbollah-linked financial institution Israel is targeting in Lebanon?

The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund ...

World - ABC News - October 21

Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy

Ukrainian president floats mutual cessation of aerial attacks on power grids as first step towards ending war

Business - Financial Times - October 22

New CFPB rules aim to boost competition in financial services

The Consumer Financial Protection Bureau (CFPB) unveiled rules Tuesday intended to increase competition that would require financial institutions, credit card issuers and other financial providers ...

Politics - The Hill - October 22

Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders

Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to ...

World - ABC News - 6 days ago

Special needs support in England is financially ‘unsustainable’, report finds

Urgent reform is needed after demand for extra educational support doubles in a decade, warns watchdog

Business - Financial Times - 6 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 ...

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.

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 - 4 days ago

‘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 - 4 days ago

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 - 4 days ago

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 - 2 days ago

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. - Yesterday

Inflation is down — but the middle class is still feeling financial pressure. Here's why

Economists say there's a strong role for policy in affecting the prices of essential goods for American families.

Business - CNBC - Yesterday

How Much You Should Support Your Adult Children Financially, According to a Harvard Happiness Researcher

Want your kids to be happy, self-sufficient adults? Then follow this rule of thumb on when to support them financially.

Business - Inc. - October 16

Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years

Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.

Tech - Wired - October 17

Op-ed: The financial toxicity of cancer is growing. Here's what can be done to reduce it

For the first time in history, more than two million Americans will receive a new cancer diagnosis in 2024, and that is creating significant financial hardship.

Business - CNBC - October 18

As nervous investors worry about the presidential election, public debt is a top concern financial advisors say

The impacts of outstanding U.S. debt could have long-lasting implications beyond the November election, according to new research.

Business - CNBC - October 18

Israel says it will target Hezbollah's financial arm and announces imminent strikes in Beirut and elsewhere

World - ABC News - October 20

US rolls out ‘open banking’ rules to make sharing financial data easier

Agency finalises regulations aimed at increasing competition and helping consumers link bank accounts to apps

Business - Financial Times - October 22

Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’

Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...

Business - MarketWatch - October 23

More students are eligible for college aid, but fewer high schoolers enroll — 'there's still work to do,' official says

Although more students are eligible for federal aid this year, rising college costs and ballooning student debt balances are still major concerns.

Business - CNBC - October 23

How to rethink cash as the Fed cuts interest rates, according to top financial advisors

The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.

Business - CNBC - 6 days ago

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - 5 days ago

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.

Business - CNBC - 5 days ago

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