CashNews.co WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating three individuals and four associated companies involved in a Lebanon-based sanctions evasion network that generates millions of dollars in revenue for Hizballah. Hizballah’s finance team is responsible for the establishment and operation of Hizballah commercial projects throughout […]
CashNews.co The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability. The project aims to connect the domestic open finance infrastructures of different jurisdictions. The initial use case to be explored is in trade finance for small and […]
CashNews.co Dow hits record high, declining volatility: Market Takeaways Stocks rebounded in Wednesday’s trading session, with the Dow Jones Industrial Average (^DJI) closing at a record high. Wall Street is feeling bullish as Bank of America’s October global fund manager survey showed a jump in sentiment. Meanwhile, the volatility index (^VIX) is down just below […]
CashNews.co The UK Financial Conduct Authority (FCA) has initiated an examination of the country’s premium finance market. This move comes amid concerns that individuals who finance their motor and home insurance payments might not be benefitting from equitable or competitive terms, especially as sector-wide prices escalate. In the UK, premium finance is a mechanism that […]
CashNews.co The Municipal Building Committee will decide on renovation or rebuilding the Westborough Golf Club building. (Photo/Maureen Sullivan) WESTBOROUGH – The Advisory Finance Committee recommended by a 5-4 vote an article to borrow $450,000 for the Westborough Golf Club building. The funds will be used toward design development, create bid documents and obtain a food […]
CashNews.co Financial scams targeting seniors are exploding, with both the number of victims and dollar amount of losses doubling over the last four years, writes Rolland Johannsen, of Capital Performance Group.Adobe stock Seniors represent an important customer segment for most banks, constituting a primary source of core funding in an environment where sources of core […]
CashNews.co The fight over finance brewing at COP29: Moving Money | Zero: The Climate Race Read More #cashnews #UnitedStates #newsfinace #finance #FollowsCashnews
CashNews.co On this episode of Living Not So Fabulously, hosts and husbands David & John Auten-Schneider, bring you the story of OkCupid Director of Brand Marketing Michael Kaye who’s been making waves with his career and some unexpected personal finance insights. Starting out at a salary barely high enough to cover his commute, Kaye didn’t […]
CashNews.co Enjoy complimentary access to top ideas and insights — selected by our editors. From JPMorgan Chase to Fidelity Investments, the women leading the world of finance are no strangers to the importance of hard work and continuous education — just two of the core values that empowered them to rise up within their companies’ […]
CashNews.co Tesla (TSLA) is set to kick off the “Magnificent Seven” earnings reports next week for the third quarter. But how can investors gain exposure to these megacap tech names without buying individual stocks? Calamos Investments senior vice president and head of ETFs Matt Kaufman joins Yahoo Finance to discuss investing strategies. Kaufman points out […]