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Credit card debt hits a 'staggering' $1.13 trillion. Here's why so many Americans are under pressure

Strong consumer spending boosted credit card balances to a new record high in the fourth quarter, according to the Federal Reserve Bank of New York.

9 months ago

UK Digital Securities Sandbox: A Guide and Implications

UK Digital Sandbox | Feb 6, 2024 The UK's Digital Securities Sandbox Regulations Are A Catalyst for Global Fintech Innovation The Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023, which came into effect on January 8, 2024 and introduces the UK's first digital securities sandbox, allowing firms to explore new technologies within


The post UK Digital Securities Sandbox: A Guide and Implications first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

B.C. Supreme Court Rejects Crypto Miner’s Power Bid

News | Feb 6, 2024 Court Denies Crypto Miner's Power Request Conifex Timber Inc., a forestry company that ventured into cryptocurrency mining, faced a setback in its efforts to secure a substantial power supply from BC Hydro for its operations. The B.C. Supreme Court, led by Justice Michael Tammen, upheld the provincial government's decision to


The post B.C. Supreme Court Rejects Crypto Miner’s Power Bid first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving

CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.

9 months ago

Climate Inflation Discussion for a Sustainable Future

Climate Inflation | Feb 6, 2024 In a recent podcast, Anna Dean and Stephen Jacobi feature the pressing issue of Climate Inflation and key takeaways The podcast highlighted a critical warning from economist Paul Conway, Chief Economist at the Reserve Bank of New Zealand, about the emerging challenge of climate inflation. He stated that climate


The post Climate Inflation Discussion for a Sustainable Future first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

This costly withholding mistake is 'always a surprise,' tax pro says

Experts warn that last year's tax withholding errors could trigger an unexpected bill. Here are some of the most common issues, according to tax pros.

9 months ago

Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit

Insurance companies are reducing coverage in climate-dangerous markets, leaving many homeowners without affordable property insurance options.

9 months ago

There's an accountant shortage. Here's how to vet your tax preparer, according to the IRS

There's an accountant shortage in the U.S. If you're hunting for tax help, here are five ways to vet professionals, according to the IRS.

9 months ago

Op-ed: Embrace community over consumerism. It may be the secret to a more satisfying life

Mindless spending can leave us feeling empty. The key to a genuinely fulfilling life may lie in turning toward the people around us, our communities.

9 months ago

How Supreme Court affirmative action decision is impacting college applicants. 'The barriers are already so high,' one legal expert says

With competition at an all-time high and admissions practices increasingly unclear, it's not an easy time to be a college applicant, especially for minorities.

9 months ago

Celsius Network’s Chapter 11 Exit and Creditor Plan

News | Release | Feb 5, 2024 Celsius Network announces that it has completed its planned reorganization, distributing over $3 billion to creditors and establishing a new Bitcoin mining entity Celsius Network's successful emergence from Chapter 11 bankruptcy and the commencement of over $3 billion in distributions signify a major turnaround. The approval of its


The post Celsius Network’s Chapter 11 Exit and Creditor Plan first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

Peter Cowan Appointed to Lead Innovate BC

News | Feb 5, 2024 Innovate BC has appointed Peter Cowan as its new President and CEO, succeeding Raghwa Gopal. Peter Cowan's appointment as President and CEO of Innovate BC marks a significant milestone for the agency, poised to catalyze innovation and economic growth within British Columbia's tech sector. Cowan, with his extensive background in


The post Peter Cowan Appointed to Lead Innovate BC first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

How the Supreme Court affirmative action decision is affecting college applicants. 'The barriers are already so high,' one legal expert says

With competition at an all-time high and admissions practices increasingly unclear, it's not an easy time to be a college applicant, especially for minorities.

9 months ago

Delaware Judge Squashes Elon’s $56 Billion Tesla Pay Package

News | Feb 5, 2024 A Delaware judge has invalidated Elon Musk's $56 billion Tesla pay package, labeling it as "an unfathomable sum" and unfair to shareholders. This decision, subject to appeal, could lead to governance changes within Tesla, particularly in how the board oversees Musk. The ruling emphasizes concerns regarding the independence of board


The post Delaware Judge Squashes Elon’s $56 Billion Tesla Pay Package first appeared on National Crowdfunding & Fintech Association of Canada.

9 months ago

Student loan crisis is just as big as climate change, Rep. Clyburn says. Here's why

Rep. James Clyburn says the student loan crisis is his biggest issue. Here's why.

9 months ago