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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 - October 29 -
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 - 5 days ago -
TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles
Dallas-based TGI Fridays filed for Chapter 11.Business - Inc. - 4 days ago -
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 - 3 days ago -
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 - 2 days ago -
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 - 2 days ago -
How Jeff Bezos, Mark Cuban and other business leaders congratulated Trump
“Let that sink in,” Elon Musk said.Business - MarketWatch - 2 days ago -
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 - Yesterday -
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 - Yesterday -
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. - 42 minutes ago -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
Vance emerges as Trump's explainer-in-chief
JD Vance’s willingness to regularly take questions from mainstream news outlets has added an unofficial duty to his role as Donald Trump’s running mate: explainer-in-chief.Politics - NBC News - October 23 -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
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
Israel says it will target Hezbollah's financial arm and announces imminent strikes in Beirut and elsewhereWorld - 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 appsBusiness - 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 - October 23 -
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 - October 25 -
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 - October 25