Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. Hifi founder and CEO Damian Manning announced the news in a LinkedIn post yesterday. The company also updated its website, which states that it’s joining Block to “further our shared purpose of economic...
Jozef Polc / 500Px | 500Px Plus | Getty ImagesSocial Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment for 2024 will affect more than 71 million Social Security and Supplemental Security Income beneficiaries. These...
Demonstrators call for immigration reform near the White House on Feb. 14, 2022.Nicholas Kamm | AFP | Getty ImagesAs the U.S. fertility rate continues to fall, there are growing concerns about the long-term economic impact: A smaller population means less tax revenue, which could reduce funding for programs such...
Eleganza | E+ | Getty ImagesAbout half of holiday shoppers have already started making purchases or plan to begin by Halloween, according to a recent Bankrate survey. Most of them will use credit cards to pay for at least some of their purchases, the survey shows."A couple of years...
The rapid shift from traditional banking systems to more advanced digital platforms marks the revolution in international payments. It is enabling real-time and cost-effective cross-border transactions. This transformation is not only enhancing user experience and financial inclusion. But also reshaping the global financial landscape and how businesses operate internationally....
More from Year-End PlanningHere's a look at more coverage on what to do finance-wise as the end of the year approaches:One reason for more frequent large Powerball jackpots is a 2015 change to the game's matrix, according to J. Bret Toyne, executive director of the Multi-State Lottery Association, which...
