High inflation outpaced a record Social Security cost-of-living adjustment this year. Here's the prices that rose the fastest for households ages 65 and up.
U.S. Supreme Court justices have scheduled high-profile arguments over President Joe Biden's student loan forgiveness plan for Feb. 28.
The omnibus appropriations bill, which includes a variety of retirement-system changes, is expected to clear Congress this week.
Guest Post | Dec 20, 2022 It’s a tough time for people who like to save. Thanks to a 40-year-high inflation rate, the money sitting in your emergency fund is rapidly losing value. It’s simple math. Inflation has been hovering around 7% for some time now, while a basic savings account barely scrapes together 1%
BNN Bloomberg | Katie Greifeld | Dec 19, 2022 Grayscale Investments is considering appealing to the same US regulator that it’s currently suing for permission to buy back shares of its heavily discounted Bitcoin trust should the firm’s lawsuit fail. Grayscale Chief Executive Officer Michael Sonnenshein wrote in a letter to investors Monday: A tender
Youtube | Dan Herman | Dec 20, 2022 Dan Herman, Co-founder of MyJupiter Inc., former Head of Strategy of Innovation Canada, and member of Startup Genome's Global Innovation Policy Forum: "In late September I travelled to Ukraine on the invitation of the Ukrainian Startup Fund to film a short documentary on the country’s startup ecosystem
a16z | Dec 20, 2022 This time of year, the floodgates open to a deluge of best-of lists and end-of-year recaps. But we at a16z have always been more interested in what’s to come. Here are the biggest ideas for Fintech to tackle in 2023: Compliance as a Competitive Advantage: Post-Dodd-Frank, financial services companies face
Guest Post | Dec 20, 2022 Toronto’s enjoying its time in the tech spotlight. Researchers pegged it as the fastest-growing tech city in North America and the New York Times profiled it as a rival to the Silicon Valley monopoly. The city is home to several top-tier STEM programs and innovation incubators. It’s the well-documented
Sens. Bill Hagerty and Joe Manchin will propose an amendment to the spending package to increase the threshold for Form 1099-K from $600 to $10,000.
The end of the year is not just a great time to celebrate and give thanks but a chance to review your financial goals and plans with your financial advisor.
Wise | Release | Dec 13, 2022 Company plans to grow its U.S. presence with over 250 new hires in 2023 to meet the increasing demand for Wise's products and services among consumers and businesses In 2022, Wise grew its U.S.-based headcount by over 75% and will continue its hiring momentum into 2023 with plans
BNN Bloomberg | Paige Smith | Dec 14, 2022 US credit-card and personal-loan delinquencies are likely to rise in 2023 to the highest in a dozen years, with lenders cutting back on originations as a potential recession looms. Forecast released Wednesday by credit-reporting firm TransUnion: Serious card delinquencies are expected to climb to 2.6% at
A new report identified the used cars with the lowest prices and longest lifespans.
Time | Emily Nicolle | Dec 16, 2022 Mazars Group, the accounting firm used by crypto giant Binance Holdings Ltd. and other big players in the to vouch for their assets held in reserve, has halted all work for crypto clients, dealing a major blow to an industry seeking to shore up confidence in the
CNBC | Chelsey Cox | Dec 6, 2022 Senate Banking Committee Chairman Sherrod Brown will introduce a bill Tuesday that aims to close the so-called shadow banking loophole that allows retail and tech companies to offer banking services without the same stringent oversight as other financial institutions. The Close the Shadow Banking Loophole Act comes