America's financial literacy is lacking, and the system isn't helping. Many people struggle with retirement planning, home buying, and other big money decisions. The shift from pensions to 401(k) plans has made things more complicated. Harvard's John Campbell and Imperial College London's Tarun Rama
Yearn Finance, a well-known decentralized finance platform, faced another setback with a $9 million hack. This incident, the fifth in five years, targeted the yETH stableswap pool, extracting various ether (ETH) liquid staking tokens (LSTs). The hacker managed to steal a significant amount, but not
The UK's money situation is a hot topic right now. A big shot from the Office for Budget Responsibility (OBR), Prof David Miles, said the chancellor, Rachel Reeves, wasn't being dishonest when she talked about the tough money situation before the Budget. Even though the OBR's latest report showed t
A big investment firm has just landed a massive loan to buy a piece of an Australian chicken chain. General Atlantic Service Company LP is the name of the firm. They got the cash from Ares Management Corp. and Nomura Holdings Inc. This is all hush-hush, so no one is talking openly about it. The loa
In a bold step, Venus, a leader in digital finance, is set to launch the world's first "Crypto Bank" focused on Real-World Assets (RWA). This move aims to tackle a big problem: businesses with valuable assets often struggle to get quick financing. Venus wants to change that, starting in Southeast As
Finance chiefs are in the hot seat, balancing new tech and old risks. They're not just crunching numbers anymore. They're steering the ship, especially with AI shaking things up. But it's not easy. The world's a mess with economic uncertainty and supply chain chaos. Yet, finance leaders are stepping
A Colorado lawmaker is under the microscope for how he spent campaign cash. Rep. Ron Weinberg is being investigated for possible campaign finance rule breaks. The state's Secretary of State's Office is looking into it after another Republican lawmaker, Rep. Brandi Bradley, filed a complaint. The co
Ross is facing a tricky budget situation for 2026. Even after making some cuts, they're still looking at an 8% property tax hike. This isn't great news for residents. The finance director, Dan Berty, recently shared the latest budget updates with the commissioners. They found some areas to trim, bu
The money game is not fair. It's like a rigged contest where the rich get richer, and the poor get poorer. This is not a new idea, but it's worth talking about. The system is set up in a way that benefits those who already have money. It's like a secret club where only certain people know the rules.
Piramal Finance is making big plans to borrow money. They want to get 300 billion rupees by the end of this financial year. That's a lot of money! Half of that amount has already been borrowed. The company's CEO, Jairam Sridharan, shared this news. Most of the money will come from local sources. Ab
