Living life at least partly online is a fact of modern living, but while the youngest Americans are typically tech-savvy with high levels of digital literacy, the oldest cohort is more vulnerable to cybercrimes. New data from personal data removal firm Incogni reveals that over 60s lost $3.1 bill Learn more...
The Federal Reserve is scrutinizing whether Morgan Stanley’s wealth management business is taking adequate measures to prevent potential money laundering by wealthy clients from outside the U.S. The New York-based bank’s top regulator is pressing the firm to improve controls and processes, ac Learn more about reprints and licensing for this...
Bitcoin rose to an 18-month high as expectations of an approval for exchange traded funds to invest in the largest crypto token intensified. Bitcoin gained as much as 3.6% to $36,856 on Thursday in Asian hours, the highest level since May 2022. Smaller tokens Ether rose as much as 2.2%...
The bad year that a lot of ESG investors are having may be about to get even worse. James Penny, chief investment officer of TAM Asset Management and a veteran of ESG investing, said the dramatic sell-off that’s torn through green stocks may soon morph into a “slow burn” that...
Nearly three quarters of consumers are delaying holiday purchases for discount shopping events such as Black Friday or Singles Day, and more than half plan to reduce spending to save money, according to a study from Ernst & Young. The report underscores how consumer spending patterns ar Learn more about reprints...
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021.Aaronp / Bauer-Griffin | GC Images | Getty ImagesDUBAI, United Arab Emirates — Emirates Group posted its highest-ever half-year earnings, reporting net profit of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand.The figure...
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation.Tomohiro Ohsumi | Getty ImagesSoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.Here's how SoftBank did in the September quarter against LSEG estimates:Net sales: 1.67 trillion Japanese...
Contractors’ lives have been greatly enhanced thanks to fintech. They can now do everything much more efficiently, from invoicing and receiving payments to staying compliant with IR35. The technology is also enabling companies to more easily find the best talent and scale up Fintech is transforming many functions, but the...