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Powering local regeneration through crowdfunded investment

Nesta UK | Rosalyn Old and Johnathan Bone | Sep 4, 2019 Earlier in May 2019, Nesta commissioned a report called 'Taking Ownership:  Community Empowerment through Crowdfund Investments' that looked at how community-led projects have the power to transform local areas socially, economically and environmentally and how institutions such as local governments, municipal authorities and

5 years ago

The public service loan forgiveness program is flawed. You should still try to qualify

Trump's spending bill offers a path to loan forgiveness for some people.

5 years ago

U.S. flags Huawei 5G network security concerns to Gulf allies

The United States has raised its concerns with Gulf allies over a possible security risk in using Huawei's technology for their 5G mobile infrastructure, U.S. officials said on Thursday.



5 years ago

Deutsche Bank is first to settle Fannie Mae, Freddie Mac bond rigging lawsuit

Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac , becoming the first of 16 financial services companies to settle litigation by investors.



5 years ago

Your Social Security checks could get bigger next year. Here's how much

One new estimate pegs the Social Security cost-of-living adjustment at 1.6% next year. That means the average benefits would go up by about $23.40 per month.

5 years ago

Draghi ties Lagarde's hands with promise of indefinite stimulus

European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump.



5 years ago

Post-ECB market rally fades as doubts emerge over stimulus impact

German bond yields and the euro rebounded on Thursday and European banking shares were whipsawed as doubts crept in about the effectiveness of the ECB's decision to cut interest rates and pledge an indefinite supply of asset purchases.



5 years ago

Wall Street gains on easing trade concerns, euro zone stimulus

U.S. stocks gained in morning trading on Thursday after the United States delayed scheduled tariff hikes on billions worth of Chinese imports, and the European Central Bank launched a stimulus drive to boost the ailing euro zone economy.



5 years ago

Exclusive: Germany eyes massive windfall from plunging borrowing costs

Germany could enjoy a windfall of 5 billion euros or more this year as record-low bond yields slash its borrowing costs, three people familiar with Berlin's budget planning told Reuters on Thursday.



5 years ago

U.S. court upholds ex-HSBC executive's conviction for foreign-exchange scheme

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.



5 years ago

U.S. firms sour on their future in China as trade war bites: AmCham

The China-U.S. trade war is souring the profit and investment outlook for U.S. companies operating in the world's second-biggest economy, a survey by a prominent American business association showed.



5 years ago

Tepid reaction for Apple's new iPhones in China amid tough competition

A lower price tag and new features may not be enough for Apple Inc to win customers for its newly-launched iPhone 11 series in China, the world's largest smartphone market that is already crowded with cheaper and feature-packed rival handsets.



5 years ago

U.S. corporate bond, IPO markets heat up as recession fears persist

Corporate America appears to be rushing to get the most out of the decade-long bull market in stocks and bonds before a possible recession and election-year stock market volatility slam the IPO and credit windows shut.



5 years ago

In a fracturing world, central banks still stuck together

The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.



5 years ago

California Senate passes bill to tighten 'gig' worker rule

The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies Inc and Lyft Inc to classify workers as independent contractors rather than employees.



5 years ago