Money

Jamie Dimon and Other Finance Leader Skeptical of Bitcoin Hype | Finance News

Jamie Dimon joins other financial leaders expressing their skepticism in the Bitcoin hype.

IMF: “The Crisis Is Exacerbating Poverty and Equality” | Finance News

The International Monetary Fund warned the government of the threats to global economic recovery brought by the COVID-19 pandemic.

US Consumer Prices Inflate | Finance News

Because of the rising prices brought about by American’s increasing expenditures, the Biden administration must find a solution to resolve the ...

India Finance Minister Discusses Investment Opportunities with Global Corporations | Finance News

Finance Minister Nirmala Sitharaman met with World Bank, IMF, and the FMCBC to encourage global corporations to invest in India.

Parnas and Fruman Plead Guilty in Campaign Finance Scheme | Finance News

After pitching himself as someone who could expose the corruption in the Trump administration, Parnas and Fruman now face federal charges for ...

Yellen Optimistic of Global Corporate Minimum Tax Implementation | Finance News

Treasury Secretary Janet Yellen expressed her optimism that the US Congress would approve the implementation of the global corporate minimum tax.

US Stocks Climb Over Diminishing Debt Ceiling Worries | Finance News

After worries of the debt ceiling subsided, the stock prices increased in all eleven major S&P 500 sectors.

Bank of America Increases Minimum Hourly Wage to $21

Bank of America increased the minimum hourly wage to $21, in line with its goal to increase it to $25 by 2025.

US Service Industry Growth Restrained by High Prices | Finance News

Despite the service industry’s acceptable performance last September, inputs and prices hinder continuous growth.

American Finance Trust Inc. Restates Credit Facility to $815 Million | Finance News

American Finance Trust Inc. announced that it would restate the current $540 million credit facility by increasing its size to $815 million.

Rochester Mayor Charged for Exceeding Campaign Finance Limits | Finance News

Rochester Mayor Lovely Warren and two other associates face charges because of supposedly breaking campaign finance rules in the 2017 reelection ...

US Requires Hedge Funds to Disclose Voting Results for Executive Pay | Finance News

In line with the rising need for transparency, the Democratic-led party issued a mandate requiring large hedge funds to disclose how they vote on ...

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