Joerg Kukies is leaving public service to return to private banking. After years in Berlin’s finance circles, the well-known German economist will join Morgan Stanley in May. He’ll start in London before settling in Frankfurt, where he’ll lead the bank’s German and Austrian operations plus oversee a
In early 2024, Ripple rolled out new tools for big businesses. One was Ripple Treasury, a platform for companies to handle cash and digital money all in one place. Instead of waiting days for overseas payments, firms could now move funds in seconds using RLUSD, a dollar-backed stablecoin. Companies
The race for the open seat in Massachusetts’ Sixth Congressional District is turning into a money‑heavy showdown. Candidates are pouring personal wealth and outside donations into their campaigns, creating a crowded field of hopefuls from every corner of the region. One standout is a former finance
The U. S. Department of Labor is proposing a rule that could let 401(k) plans and other retirement accounts invest in things like cryptocurrencies and private market deals. This comes after President Trump issued an order last year asking the Labor Department to rethink how employers can add thes
Columbia’s upcoming board election is almost here, and all four contenders have met the deadline for their financial disclosures. The Missouri Ethics Commission received the reports by 5 p. m. on Monday, giving voters a clear view of each candidate’s fundraising status. There are four hopefuls vy
New York’s public campaign finance board is poised to deny a $7 million grant to Republican gubernatorial hopeful Bruce Blakeman. The denial hinges on a missing name—Blakeman’s running mate Todd Hood—on a form that has yet to be filed. The board, which leans left by design, acts quickly, but its act
The latest wave of startup funding points toward a focus on the underlying systems that drive tomorrow’s technology. Investors are pouring money into projects that build the backbone for AI, space computing, and digital security rather than just new consumer apps. One standout deal is a $400 mill
U. S. firms borrowed over 14% more money in February than they did a year ago to buy new equipment. The jump comes from a sharp rise in borrowing through independent lenders and financiers. A trade group that watches the $1 trillion equipment‑finance market released the data after surveying 25
Many people who bought cars on finance may soon learn how to claim money back. The regulator is about to set out a new payment plan for around 14 million finance deals that were signed between April 2007 and November 2024. The plan is expected to give an average settlement of about £700, but the
In Nashville, a couple named Todd and Janet Gatewood started a radio show that mixes religion with digital money. They see falling prices as a chance to buy more bitcoin. Some Christian leaders and entrepreneurs are pushing the idea that cryptocurrencies can help believers invest, worship or even fi
