A 46-year-old Atlanta Hawks finance exec, Lester T. Jones Jr. , got 3 years and 5 months in prison for turning his employer’s money into his personal piggy bank. Instead of tracking the team’s cash, he put it toward watches, designer clothes, and vacations—including $80, 000 trips to the Bahamas and
A blockchain network known for blending traditional finance with digital ledgers has just rolled out its own token called $ASSET. Starting April 30, 2026, the token went live on major trading platforms like OKX, KuCoin, Kraken, and MEXC all at once. This coordinated launch helps the token reach trad
Canada is preparing to host a new international bank that will raise money for countries needing stronger military protection. The idea was born from talks in Montreal where Canadian officials met with foreign partners to draft a charter for the Defence, Security and Resilience Bank. The bank’s goal
Lester T. Jones Jr. , once a senior finance officer for the Atlanta Hawks, was sentenced to three years and five months behind bars after stealing roughly $3. 7 million from the team. The money was siphoned through false expense claims and personal use of corporate credit cards, according to fede
Bajaj Finance’s stock surged after the company showed that its loan costs are dropping and its asset quality is improving. Analysts say stricter lending rules and better borrower health have created a solid foundation for future growth. The firm confirmed it still expects profits to rise 23‑24% n
In March, the investment firm Volta Finance reported a net loss of 2. 4 %. The decline was steeper than the average for U. S. high‑yield bonds, which fell 1. 2 %, and similar to Euro high‑yield bonds at 2. 7 %. A contrasting picture emerged in leveraged loan indices, where the U. S. market gained 0.
Ten years ago, blockchain was just tech jargon tossed around at small meetups. Now it’s rewriting the rules for banks, payments, and even stock markets. Some of the biggest names in traditional finance—banks, card companies, stock exchanges—are jumping in not because they’re excited, but because the
India's leading non-banking financial company Bajaj Finance saw its net profit climb to 54. 65 billion rupees for the quarter ending March 31st. This figure nearly matched what financial analysts had predicted—a net profit of 54. 9 billion rupees. The company, known for being the biggest non-bank le
The old battlefield between the United States and Iran isn’t just on land—it’s also hidden inside digital money systems. Cryptocurrencies have become a new way for people in Iran to send money without relying on banks blocked by sanctions. But as they find clever ways to move funds, US regulators ar
The NCAA is set to grow its basketball tournaments from 68 to 76 teams next year, a move that will reshape the classic bracket and add new games before the main action starts. The change has been on the table for four years, with conference leaders and coaches pushing for more spots while critics wo
