Arrival pauses work on its electric bus and car projects The company reportedly needs to manage its dwindling cash pile. Daniel Cooper|@danielwcooper Anglo-American EV startup Arrival is putting its groundbreaking bus and car projects on ice as it struggles to manage its cash reserves. The Financial Times reports that the company, which … Continue reading Arrival CEO steps back amidst the electric van startup’s financial woes
By Jude Cramer November 22, 2022 Popular tax filing services such as TaxAct, TaxSlayer, and H&R Block have been quietly sharing sensitive information about their users—including names, email addresses, income, filing status, refund amounts, and dependents’ college scholarship amounts—with Facebook, via a widespread code called the Meta Pixel. A new report from The Markup, … Continue reading Tax prep software companies shared customers’ private financial data with Facebook, says new report
Protect What You’ve Earned: 7 Ways to Safeguard Your Financial Investments Due / 03 Nov 2022 Society has come under a unique amount of stress in recent years. So have plenty of financial investments. A pandemic created economic disruption around the globe. The “Great Resignation” put pressure on businesses—pressure that those companies have passed along to … Continue reading Protect What You’ve Earned: 7 Ways to Safeguard Your Financial Investments
Hitting the Books: How Southeast Asia’s largest bank uses AI to fight financial fraud Machine learning is streamlining traditional, rules-based money laundering investigations. A. Tarantola @terrortola DBS Bank: AI-Driven Transaction Surveillance Yes, robots are coming to take our jobs. That’s a good thing, we should be happy they are because those jobs they’re taking … Continue reading How Southeast Asia’s largest bank uses AI to fight financial fraud
As COVID concerns decline, worries about the financial impact of a recession have soared. Kim Davis on September 20, 2022 The economy has finally replaced COVID as the main source of anxiety for consumers as brands prepare for the holiday shopping season. In fact, financial concerns have surged more than 150% YoY, while concerns about … Continue reading Financial concerns threaten the 2023 holiday shopping season
By Sam Becker September 10, 2022 Tens of millions of Americans live outside of the mainstream financial system, and as many as 11%—or an estimated 50 million, as of 2022—can be classified as “credit invisible.” That means that they have no or little credit history; and as a result, could be denied access … Continue reading Citi’s head of racial equity talks about how the financial giant is fixing ‘credit invisibility’
By James Vincent July 13, 2022 Market conditions, rising inflation, and worldwide uncertainty due to war and supply-chain issues are impacting businesses of all kinds and sizes. Some investors and boards are advising companies to cut costs and freeze hires, and some businesses have already started laying off large chunks … Continue reading How to find opportunities in a financial crisis
By Shalene Gupta June 22, 2022 Our behavior is shaped by the times we live in and the life stage we’re in, and this includes our attitudes about personal finances. A new study by business research firm Logica Research delved into the financial profiles of baby boomers, Gen X, millennials and Gen … Continue reading Millennials and Gen Z want more financial advice from employers. Boomers? Not so much
By Sam Becker May 23, 2022 Many Americans may have found ways to be more comfortable with less money over the course of the pandemic, but that doesn’t mean that their account balances have them floating on cloud nine. In fact, almost all full-time workers in the U.S. (97%) say that they experience … Continue reading Financial stress is almost universal: Here’s how it affects you most
By Shalene Gupta May 06, 2022 Dasarte Yarnway and Emlen Miles-Mattingly are two financial advisors who want to help diversify wealth by fixing the financial-advisor industry’s diversity problem. The barrier to entry for financial advisors can be high: New financial advisors must follow compliance, and if they want to manage assets, they must … Continue reading Meet the duo of Black financial advisors who want to help you manage and grow more wealth
