Finance

COLA Increase for Veterans to Impact Certain Benefits in 2024
In a significant move to provide financial relief to veterans, President Joe Biden signed the Veterans Compensation Cost-of-Living Adjustment (COLA) Act of 2023 on June 14, 2023. This legislation guar...

Finance Minister Presents Economic Report, Cites Challenges and Blames Protests for Underperformance
In a recent report presented to the Knesset Finance Committee, Finance Minister Bezalel Smotrich discussed the state of Israel's economy, acknowledging its relative stability in the face of global cha...

Strategies to Save Money: Expert Tips to Help You Cut Costs and Manage Your Finances
As the economy grapples with rising prices and inflation, many Americans find themselves struggling to make ends meet. The recent increase in the "all-items" Consumer Price Index, a measure of economy...

Anchor Raises $2.4 Million in Seed Funding to Expand Banking-as-a-Service in Nigeria
Anchor, a banking-as-a-service (BaaS) provider based in Nigeria, has raised $2.4 million in seed funding. Led by Justin Kan's Goat Capital, the financing round also saw participation from FoundersX, R...

Should You Break an Old CD Contract to Get a New CD at Today's High Rates?
Locked into a certificate of deposit (CD) last year? If so, you may be feeling a pang of regret as you witness today's skyrocketing CD rates. With the Federal Reserve's ongoing rate hiking campaign, t...

German Financial Regulatory Authority BaFin Targeted by Ongoing DDoS Attack
The German Federal Financial Supervisory Authority (BaFin) is currently grappling with an ongoing distributed denial-of-service (DDoS) attack that has rendered its website inaccessible since Friday. A...

African Climate Summit: Financing the Fight Against Climate Change and Biodiversity Loss
At the African Climate Summit, leaders from across the continent have come together to address the pressing issue of climate change and biodiversity loss. The three-day conference in Nairobi aims to e...

Commonwealth Secretary-General Advocates for Increased Climate Finance Commitments at Africa Climate Summit
The Africa Climate Summit, scheduled for 4 to 6 September in Nairobi, Kenya, is set to be a pivotal event in the fight against climate change. With the theme "Driving Green Growth and Climate Finance ...

A Journey from Finance to Real Estate: How One Banker Found her Niche
In a world where career paths often seem predestined, sometimes it takes a leap of faith to find one's true calling. Such was the case for Emily Okel, a young professional who started her career in fi...

Westpac Faces Legal Action Over Failure to Respond to Customer Hardship Notices
Australia's corporate regulator, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Westpac Banking Corp for its alleged failure to respond to custome...