Israel-Hamas Conflict Pushes Gaza's Economy Decades Back, Leaving a Trail of Ruin
The already weak economy of war-torn Gaza is in ruins, much like its structures, after Israel bombed the region for more than a month after Hamas terrorists assaulted the nation in October.
Nov 24, 2023 10:11 AM EST
Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation
According to data from car club AAA, the national average price of petrol touched $3.27 per gallon on Thursday.
Lloyd’s of London Consults Members on How To Insure the Low-Carbon Transition
According to Lloyd's of London, member businesses are now able to provide input on how to insure the low-carbon transition in the areas of underwriting, investments, exposure management, capital and reserving throughout the course of the next three years.
Buy Now, Pay Later Surges in Popularity, Raising Concerns About Consumer Debt
Consumers are likely to utilize "buy now, pay later" payment arrangements significantly this Christmas season, which bodes well for businesses but raises concerns among credit experts.
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UK Government Turns Blind Eye to Workers' Plight, Tax Cuts Exacerbate Financial Hardship
The National Insurance tax on workers will be significantly reduced, as stated by U.K. Finance Minister Jeremy Hunt on Wednesday.
Nov 23, 2023 7:13 PM EST
Biden's FCC Moves to End Pay-TV Providers' Grip on Customers with Early Termination Fee Ban
Pay-TV companies would not be allowed to charge early termination fees to customers who cancel their service contracts before they expire, according to a proposed regulation from the Federal Communications Commission.
Nov 23, 2023 10:40 AM EST
IRS Extends Reprieve for PayPal and Venmo Users, Delaying $600 Reporting Threshold
On Tuesday, the agency said that it is once more postponing the enforcement of a 2021 regulation that mandates that payment companies like Venmo, Paypal, or Cash App issue 1099-K tax forms to anyone who received more than $600 in the current tax year.
Nov 23, 2023 10:06 AM EST
UK Payments Report Challenges Mastercard and Visa Dominance, Seeking Alternatives for a Fairer Market
A report commissioned by the government on Wednesday stated that Britain needed a "digital alternative" to depending on Visa and Mastercard for card payments.
Nov 23, 2023 5:07 AM EST
Sam Altman Makes Stunning Return to OpenAI Helm After Brief Ouster
The former CEO of ChatGPT creator OpenAI will return to the business that dismissed him just days ago.
Nov 22, 2023 8:00 PM EST
Temasek Issues Alert Over Imposter Agents in China Shilling Bogus Investments
Temasek Holdings, a Singaporean company, issued a warning about potential scams involving the sale of financial instruments or goods to naïve people under the guise of the company's Shenzhen, China, office.
Nov 22, 2023 5:16 PM EST
Retailers with Flexible Policies Gain Customer Loyalty
Stores that provide generous return policies can win over loyal customers and allay Christmas buyers' fears about squandering money on unneeded items.
Nov 22, 2023 9:53 AM EST
Binance CEO's Guilty Plea and $4 Billion Fine Signal Crackdown on Crypto Money Laundering
Zhao resigned as the CEO of the business, and Binance acknowledged breaking the Bank Secrecy Act as well as possibly breaking sanctions laws by failing to set up procedures for reporting suspicious transactions.
Nov 22, 2023 8:00 AM EST
UniCredit Merger with Amundi Faces Uncertainty as Amundi Considers Better Terms
Amundi is considering providing UniCredit better conditions in order to renew a distribution agreement that binds the French asset management to the Italian bank and its largest international market.
Nov 21, 2023 10:17 PM EST
Debt-Free Holidays: Steps to Slash Your Credit Card Burden Before Shopping Sprees
Before the holidays, when money is most required, many people find themselves in a financial rut due to the present credit card interest rates, which are often about 20 percent.
Nov 21, 2023 8:50 AM EST
McDonald's Deepens China Commitment with Carlyle Deal, Boosting Minority Stake
McDonald's is acquiring Carlyle's interest in its China operations, boosting its minority ownership from 20 percent to 48 percent.
Nov 21, 2023 7:40 AM EST
SMBC Places Massive Order for 60 Airbus A320neo Planes
The second-largest aircraft leasing company in the world, SMBC Aviation Capital, said on Tuesday that it has placed an order for 60 Airbus A320neo family aircraft, without providing any financial information about the transaction.
Nov 21, 2023 7:00 AM EST
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