Here's where deflation was in November 2023 — in one chart
Deflation is the opposite of inflation: It's when prices fall instead of rise. Some sectors have seen deflation over the past year.
Deflation is the opposite of inflation: It's when prices fall instead of rise. Some sectors have seen deflation over the past year.
BNPL | Dec 13, 2023 The Office of the Comptroller of the Currency (OCC) recently issued a Bulletin 2023-37, focusing on the risk management of 'Buy Now, Pay Later' (BNPL) retail lending. This bulletin aims to guide banks in effectively managing risks associated with BNPL lending and ensuring responsible loan offerings. It underscores the importance
Bitcoin Regulation | Dec 13, 2023 Bitcoin exchange-traded funds (ETFs) listing discussions between the SEC and asset managers have progressed suggesting that the SEC may soon approve these innovative financial products. Here's what you need to know: As reported by Reuters, the talks have reached a stage where key technical aspects are being discussed. This
The Federal Reserve's period of policy tightening may be over, but household budgets have taken a hit since March 2022.
Report | Dec 13, 2023 McKinsey Report Highlights Fintech Growth Trends As detailed in a recent McKinsey report, the banking industry continues to evolve, driven by rapid digitalization and changing consumer preferences, positioning fintechs at the vanguard of reshaping financial services. Innovative approaches are challenging traditional banking models and creating new paradigms for customer engagement
Investor interest in the last few years largely stems from a desire for stable returns at a time of high inflation and heightened volatility in public markets.
Over the next decade, women will capture a significant share of the money changing hands as part of the greatest generational wealth transfer in history.
While most Americans agree couples should talk about money before living together, younger generations believe the conversation should happen earlier.
Lower gasoline prices helped the consumer price index edge downward, to 3.1% in November.
Starting a new venture requires more than just a groundbreaking idea and a dedicated team. One of the critical aspects that entrepreneurs should consider is securing the necessary funding to fuel their startup’s growth. In the realm of startup finance, … Continue reading
Crypto | Dec 12, 2023 After becoming the first country to adopt Bitcoin as legal tender in 2021, El Salvador is now launching the world's first Bitcoin bonds early 2024, a move that could revolutionize the global financial landscape. Volcano Bonds El Salvador's just received approval to launch of the world's first Bitcoin bonds, expected
If your income is lower in 2023, you may consider tax gain harvesting to rebalance your portfolio or reduce future taxes. Here's what to know.
The resumption of student loan payments this fall means borrowers can claim the interest deduction again at tax time. Here's what to know.
Regulation | Dec 12, 2023 ASC Launches Advisory Committee for Tech-Innovation in Finance The committee, composed of thought leaders and experts from various sectors including fintech, legal, regulatory, and finance, is tasked to bridge the gap between cutting-edge financial technologies and the existing securities regulatory framework. It's a timely initiative, as the financial sector is
More than half of Americans making at least six figures per year are living paycheck to paycheck. A common phenomenon called lifestyle creep may be the culprit.