Financing
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Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
FirstFT: Israel begins to clear southern Gazan city of Rafah
Also in today’s newsletter, Panama on course to elect a conservative and how public ownership changed Goldman SachsFinancial Times - World - Israel -
UPS Finance Chief to Exit, Citing Focus on Health
United Parcel Service said Chief Financial Officer Brian Newman would depart the company as he looks to focus on his health.The Wall Street Journal - World -
Senate Finance Committee introduces legislation aimed at fixing drug shortages
The Senate Finance Committee on Friday introduced bipartisan legislation aimed at preventing and reducing generic drug shortages by leveraging Medicare and Medicaid programs. The draft legislation proposes the creation of a "Medicare Drug Shortage ...The Hill - Politics -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business -
How Entrepreneurs Can Prioritize Personal Finance While Growing the Business
Follow these principles to grow your net worth while building your company.Inc. - Business -
Russian finance flows slump after US targets Putin’s war machine
Washington’s crackdown shows its leverage over global banking systemFinancial Times - Business - Russia -
The Newest Rookie in Pro Soccer Is a 45-Year-Old Finance Bro
A venture capitalist—Paris Hilton’s brother-in-law—is living out his sporting dream. He spent big to get there.The Wall Street Journal - World -
Regulators Restart Work on Linking Finance Exec Pay to Risk
Three agencies renew efforts to bar pay plans that don't account for risky moves going wrong and allow C-suite pay to be clawed back or forfeited.Inc. - Business -
SEC Chair Gensler dodges Trump Media campaign finance questions
DJT shares have bounced up and down since it debuted on the Nasdaq in March.CNBC - Business - Donald Trump -
Finance hurdles for SMEs threaten to stymie UK growth, say MPs
Report into access to finance recommends that FCA oblige banks to share account closures on a quarterly basisFinancial Times - Business - United Kingdom -
Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves
Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions.CNBC - Business -
Dave Ramsey: It’s a great time to buy a house. Experts: Not exactly.
For the last several months, personal-finance guru Dave Ramsey has been telling aspiring homeowners that it’s a great time to buy a house — even though monthly housing costs are at a record high.MarketWatch - Business -
Former Trump accountant tells hush-money trial ex-president ‘personally signed’ checks to Cohen – live
Deb Tarasoff, former Trump Organization accounts supervisor, also says payments to Cohen were coming from Trump personally, not from his trust. Trial resumes with judge warning of jail time for more gag order violationsHere’s a look at Juan ...The Guardian - World - Donald Trump -
‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?
“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”MarketWatch - Business