WASHINGTON - Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation.
Marc Jones is Partner, Commercial Litigation, Fraud & Securities Litigation, Stewarts. He is a legal expert on digital financial services and crypto. As the digital currency market becomes both increasingly mainstream yet more complicated, we spoke to Marc Jones,...
Sushil Patel, Director of Restructuring for Kroll discusses how HMRC reduces its overall debt balance as new debt continues to rise Following the accumulation of record levels of overdue debt as the result of the COVID-19 pandemic, Her Majesty's Revenue and Customs (HMRC) has successfully reduced the overdue debt balance...
Is monitoring transactions causing a privacy dilemma? Asks Antony Bellingall, co-founder and director of Idenfo, A recent article appeared in the UK's Guardian newspaper regarding a disturbing new trend where fraudsters pose as loved ones to steal money. Potential victims are first targeted by fraudsters using “sucker lists” – people who have...
Ford has sold another 7 million Rivian shares worth $188.42 million. This comes just days after the Blue Oval sold $214 million worth of stock, meaning the automaker has offloaded over $400 million in Rivian shares in the past week. Rivian went public last November, with reservation holders allowed to...
SINGAPORE — Shares in the Asia-Pacific were mixed on Monday, after China reported disappointing economic numbers as a result of Covid restrictions. Mainland Chinese stocks were lower, with the Shanghai Composite down 0.59% and the Shenzhen Component fell 0.75%. China’s economic data for April missed expectations, hurt by strict Covid limits...
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U.S. consumer is alive and well. They’re shopping, they’re...
A major change in the way the Ethereum blockchain operates could have huge implications for crypto investors. Ethereum (ETH -2.43%) has long played second fiddle to Bitcoin (CRYPTO: BTC) in the crypto world, despite the fact that...
Business packed a decade of learning into two years, and for chief financial officers and treasurers, that knowledge can be distilled thusly: Automated payments are better, whether it’s business-to-consumer (B2C) or business-to-business (B2B). Speaking with PYMNTS’ Karen...
Several regions in the U.S. that have become a hotbed for inflation saw prices cool in April, except for one notable outlier: the mid-Atlantic. The Labor Department reported Wednesday that consumer prices in the mid-Atlantic region, which...
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