Crypto Enforcement | Jun 13, 2024 Terraform Labs Settles SEC Fraud Case with $4.55 Billion Penalty One of the biggest fines in SEC history, $4.55 billion, will be paid by Terraform Labs and its creator, Do Kwon, as part of a settlement with the Securities and Exchange Commission (SEC) on fraud charges. Do Kwon launched
Banking | Jun 13, 2024 National Bank to Purchase Canadian Western Bank for $5 Billion in Shares The National Bank of Canada has announced that it's reached a final deal to purchase Canadian Western Bank (CWB) for $5 billion in an all-share transaction where every CWB share will be swapped at a National Bank share
Deflation is the opposite of inflation: It's how fast prices are falling. That's been happening for some areas of consumer budgets.
Buying a house is expensive in 2024, but so is keeping and maintaining it. How to avoid unwanted surprises.
President Joe Biden's top economic advisor unveiled plans to address the battle over trillions in expiring tax breaks enacted by former President Donald Trump.
Buying a house is expensive in 2024, but so is keeping and maintaining it. How to avoid unwanted surprises.
As Congress wrestles with a decision over trillions in expiring tax breaks, some Democratic lawmakers are calling for higher taxes on Wall Street profits.
A majority of Americans age 65 will require some type of long-term care in their lifetime. Planning for that care involves understanding your options.
Economy | Jun 12, 2024 Canada’s new capital gains tax hike passes despite opposition, raising concerns about economic impacts. The capital gains tax rate in Canada was recently passed (vote 208-yes to 118-no) to increase significantly, from 50% to 66.67%, which comes into effect Jun 25, 2024. The Liberal government is implementing this move as
The Federal Reserve will keep rates where they are, for now — here's what that means for your credit card, mortgage rate, auto loan and savings account.
Open Banking Jun 12, 2024 CFPB Publishes Final Rule on Personal Financial Data Rights The Consumer Financial Protection Bureau (CFPB) has published final rules for personal financial data rights (PDF)| Newsroom announcement, which focuses on recognizing industry standard-setting groups. The approved rule is a part of a larger initiative to enhance consumer's control over their
Mishima Hughson, a former teacher in Virginia, is one of the student loan borrowers to benefit from the Biden administration's more lenient bankruptcy policy.
Inflation declined to a 3.3% annual rate in May 2024, according to the consumer price index.
Federal officials said the Biden administration hit a key milestone in its push to make it easier for consumers to buy an electric vehicle.
General solicitation for startups can be a powerful tool that allows startups to reach a wider pool of potential investors. However, not every startup that is raising capital is able to utilize general solicitation. Knowing if you can generally solicit, … Continue reading
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