NY magazine’s financial advice columnist lost $50K to scam
A financial advice columnist for New York Magazine has admitted that he was swindled out of $50,000 by a scammer claiming to be a CIA agent and ordered to hand over a shoebox full of cash to a courier in a white Mercedes. Charlotte Cowles, who writes a financial advice column for The Cut, a […]
Percentage of Americans expecting improved financial situation highest in almost 4 years: Survey
Americans were more optimistic about their financial situation in January 2024 than at any time since the pandemic began nearly four years ago, according to new data released Monday. In the January 2024 Consumer Expectations Survey, released More Americans expect to be better off a year from now than at any time since the beginning […]
Bitcoin price touches $50,000 after spot ETF launches spur demand – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bitcoin prices on Monday hit $50,000 for the first time since 2021, highlighting the sharp shift in demand for the token since mainstream Bitcoin investment funds launched earlier this year. The industry’s leading cryptocurrency has gained almost […]
Samsung CEO won’t be sent back to prison for financial crimes
Samsung CEO Lee Jae-yong avoided another prison sentence on Monday after being found not guilty of financial crimes related to the controversial merger of two of the company’s affiliates. According to reports, the Seoul Central District Court ruled that prosecutors were unable to sufficiently prove that the 2015 merger between Samsung C&T and Cheil Industries […]
OK’s oldest Native American college faces uncertain future due to financial woes
Founded in 1880, Bacon College has evolved into an Indigenous-led educational institution that fosters intertribal community and offers academic degrees. Currently, the university is facing financial difficulties, plagued by mismanagement, unstable leadership, and lawsuits. Due to financial difficulties, Bacon School has suspended classes and is facing permanent closure. The hallways of Bacon College are cold […]
Bank of Japan grows more confident about imminent exit from negative rates – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bank of Japan officials are increasingly confident that the economy is strong enough to attempt an imminent exit from the world’s remaining negative interest rates. The central bank is becoming more bullish on the outlook for inflation […]
State Department imposes financial sanctions on Israeli nationals for threatening peace in West Bank
The US State Department on Thursday announced financial sanctions against four Israelis for their role in contributing to violence and destabilization in the West Bank. The announcement came hours after President Biden issued an executive order authorizing the United States to impose financial sanctions on foreign nationals whose actions threaten peace, security, and stability in […]
USGA, Ally Financial partner to elevate U.S. Women’s Open purse to record heights
NEW YORK — A game of golf reached an exciting climax Thursday at Chelsea Piers Golf Club on Manhattan’s west side. The United States Golf Association (USGA), in conjunction with Ally Financial, has announced an exciting partnership to help grow golf at all levels across the United States. First and foremost, Ally will be the […]
Live news: Gilt yields rise as traders absorb BoE rate pause – Financial Times
apple: The iPhone maker is scheduled to release its latest quarterly results after Wall Street’s closing bell, with analysts expecting sales for the three months ending in December to rise slightly from a year earlier. Investors will be keen to see how many iPhones Apple sold during the lucrative holiday season and for insights into […]
Shares plunge for saviour of failed Signature Bank – Financial Times
Stay informed with free updates Just sign up for us bank myFT Digest — delivered straight to your inbox. New York Community Bancorp’s stock price plummeted Wednesday after the financial company that acquired the failed Signature Bank during last year’s regional banking turmoil cut its dividend and reported an unexpected loss in an effort to […]