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The cost of applying to college: 'Bare minimum,' expect $1,200 on application fees, says expert

Because acceptance rates at some schools are near all-time lows, students are applying to more colleges than ever before. That comes at a steep financial cost.

1 year ago

SBF Sues Insurer As Trial Commences Amidst Media Frenzy

Crypto | Oct 4, 2023 The high-profile trial of Sam Bankman-Fried (SBF), the founder of FTX, has commenced, drawing significant attention from the media, crypto influencers, and the general public. Here are some key takeaways from the first day of the trial: Trial and Witness Selection The courthouse was bustling with activity, and the media


The post SBF Sues Insurer As Trial Commences Amidst Media Frenzy first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

House Republicans push IRS for answers on processing pause for small business tax credit

House Republicans are pressing the IRS for answers after the agency paused processing new employee retention tax credit claims. Here's what to know.

1 year ago

Kraken’s Strategy for Canadian Market Growth

Crypto | Oct 4, 2023 Kraken bolsters its Canadian offering In a recent blog post titled "Kraken bolsters its Canadian offering" Kraken discusses several key updates regarding their services in Canada. About Kraken Kraken, founded in 2011 by Jesse Powell, is based in San Francisco, California, USA. The platform was developed in response to the


The post Kraken’s Strategy for Canadian Market Growth first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Insights into CFOs Strategic Recalibration

Survey Insights | Oct 4, 2023 In the face of economic and technological shifts, CFOs and finance leaders are recalibrating their strategies, balancing the imperative of cost control with the potential of technological advancements. Insights from two pivotal surveys, one conducted by U.S. Bank and the other by Stripe, provide a comprehensive view of the


The post Insights into CFOs Strategic Recalibration first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

BoC: Redefining Financial Inclusion for CBDCs

Report | Oct 4, 2023 Bank of Canada's Staff Release New Research on Implications for a Central Bank Digital Currency Today, the Bank of Canada's staff released their latest report, "Redefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital Currency," which delves into the intricacies of digitalization and its impact on


The post BoC: Redefining Financial Inclusion for CBDCs first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Supreme Court case may gut the CFPB: Consumer watchdog's ‘future is on the line,’ group says

The Consumer Financial Protection Bureau, created in the aftermath of the 2008 financial crisis, faces an existential threat before the Supreme Court.

1 year ago

Medicare funding shortfall may be 'life and death' for millions of Americans, lawmaker says. Here's why taxes are a sticking point

As the Medicare hospital insurance fund faces a 2031 depletion date, lawmakers are at odds over whether tax increases for high earners may solve the problem.

1 year ago

Savings rate for Americans is falling. 'I'm concerned,' top economist says

The stockpile of cash most people hoarded during the pandemic is now nearly gone. But consumers need a safety net, experts say.

1 year ago

If Social Security benefits were cut, here's how much more you would need to save for retirement

If Social Security benefits were reduced or eliminated, Americans would need to double or triple their savings rate to retire with a sufficient nest egg.

1 year ago

McKinsey Global Payments On Cusp of ‘Decoupled Era’

Oct 3, 2023 Navigating the Surge and Strategy of Global Payments The McKinsey 2023 Global Payments Report unveils a realm where regions experience unprecedented revenue hikes, digital transactions become paramount, and new payment business strategies are essential for navigating through the intricate financial ecosystem. Explore the pivotal insights and trends shaping the future of global


The post McKinsey Global Payments On Cusp of ‘Decoupled Era’ first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Powerball jackpot hits $1.2 billion. What’s the best payout option? Experts weigh lump sum vs. annuity

The Powerball jackpot is up to $1.2 billion. Here's how to decide between the lump sum or annuity payout option.

1 year ago

The job market is strong, economists say — but workers don’t think so

The job market has been cooling but resilient but workers' outlook is souring.

1 year ago

U.S. falls in new 'financial inclusion' ranking, a global measure of access to financial services, researchers say

The U.S. position in a global ranking of so-called financial inclusion is slipping as consumer confidence in the government has eroded.

1 year ago

If Social Security benefits were cut, here's how much more you'd need to save for retirement

If Social Security benefits were reduced or eliminated, Americans would need to double or triple their savings rate to retire with a sufficient nest egg.

1 year ago