Top leaders including President Joe Biden and former President Donald Trump have said they won't touch Social Security. But some say imminent reform is needed.
Crypto is the predominant investment among young investors, a report found. It generally shouldn't be more than a sliver of one's portfolio, experts say.
SEC Release | Jun 6, 2023 The U.S. Securities and Exchange Commission (SEC) has taken emergency action against cryptocurrency platform Binance.US and its founder, Changpeng Zhao. They want to freeze assets and force the return of assets held for customers. This action is to make sure customer assets are safe and stay in the U.S.
Finance Canada | Release | Jun 7, 2023 The Government of Canada has launched this public consultation to examine ways to improve Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime. Submissions to this consultation will close on August 1, 2023. The Government of Canada is undertaking a comprehensive review of its Anti-Money Laundering and Anti-Terrorist Financing
Techcrunch | Matthew Panzarino | Jun 5, 2023 The newly released Apple Vision Pro, a groundbreaking product offering in the mixed reality or extended reality (XR) space. Apple's Vision Pro represents a significant technological leap, thanks to a combination of its ambitious execution and unrivaled resources, with 5,000 patents filed over the past few years,
Some people put their money into stocks before they're ready, warns certified financial planner Douglas Boneparth. They should take these steps first.
BIS | May 31, 2023 Discover how AI, data, and cross-border collaboration are shaking up the battle against financial crimes. Proof of Concept Completion and Advancements: The BIS Innovation Hub's Nordic Centre has successfully wrapped up Project Aurora, a proof of concept aimed at combating money laundering. By leveraging a synthetic data set representing real-world
Even with high home prices and interest rates, owning a home can still pay off in the long run, one advisor says.
A bipartisan deal to raise the federal debt ceiling included changes to SNAP food assistance benefits. Here's who may be hit the hardest.
College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert.
In the world of investing, due diligence can be a critical process that helps investors make informed decisions. Whether you’re a seasoned investor or a newcomer to the investment landscape, conducting due diligence can be essential to help mitigate risks … Continue reading
U.S. Financial Services Committee | Jun 5, 2023 Expanding Investment Opportunities: The U.S. House of Representatives has approved seven bipartisan financial services bills aimed at strengthening public markets and boosting capital formation. Expanding the Accredited Investor Definition: Key among these is H.R. 835, the Fair Investment Opportunities for Professional Experts Act, which widens the definition
Forbes | Alex Konrad | Jun 6, 2023 Venture capital’s biggest global brand is breaking up, with Sequoia’s China and India and Southeast Asia funds relaunching as new firms HongShan and Peak XV Partners. Sequoia Capital's Global Breakup: Venture capital heavyweight Sequoia Capital is splitting into three distinct entities, each targeting a specific geographic region.
With the Biden administration working to overhaul the federal student loan system, borrowers may see a number of changes when they begin repayment.
Aljazeera | Jun 5, 2-23 The United States Securities and Exchange Commission (SEC) has sued Coinbase, accusing the largest US cryptocurrency platform of operating illegally because it failed to register as an exchange. Coinbase, the largest US crypto platform, is under scrutiny for alleged security law breaches related to its staking rewards program. The SEC