A Florida congresswoman is in hot water. Sheila Cherfilus-McCormick, a Democrat representing parts of Broward and Palm Beach counties, has been hit with serious charges. The Justice Department says she took $5 million meant for disaster relief and used some of it for her 2021 campaign. Here’s the d
Star Entertainment, a well-known casino operator in Australia, is facing yet another rough patch. This is the seventh year they've fallen short of their main goals. The issues this time are with earnings per share, total shareholder return, and return on invested capital. Because of this, they misse
Kraken, a well-known crypto exchange, just secured a massive $800 million investment. This huge sum includes a $200 million contribution from Citadel Securities, a major player in the financial world. The goal? To bring traditional finance into the blockchain era. The funding round was split into t
Intuit and OpenAI have joined forces in a major deal. This partnership aims to bring Intuit's financial tools to ChatGPT. The deal is worth over $100 million for OpenAI. It will help Intuit reach more users and make its services more accessible. Intuit's products like TurboTax, QuickBooks, Credit K
LevelField Financial Inc. is making waves in the financial world. They just got the okay from Illinois to buy Burling Bank. This is a big deal because LevelField wants to create a bank that works with both regular money and digital currencies like Bitcoin. But before they can celebrate, they need on
Six Flags, a name synonymous with thrilling rides, is now facing a financial rollercoaster of its own. The company's credit ratings took a hit recently, with Moody's downgrading them by two notches. This isn't just a small dip; it's a significant drop that reflects some serious challenges the compan
Acrisure, a big name in the insurance world, has just hired Aaron Radelet to be its new chief corporate affairs officer. This is a new job for the company, and it shows they're serious about telling their story to the world. Radelet comes from Walgreens Boots Alliance, where he was in charge of comm
Microsoft's stock has been on a rollercoaster, with some wild rides up. In just two months, it's shot up over 30% not once, but twice in recent years. This kind of growth has been a dream for investors. But what's behind these big jumps? Let's break it down. First, let's talk about the cloud and AI
Starting to invest might feel like a big step, but it doesn't have to be. Many people hold back because they think they need a lot of money or a deep understanding of finance. However, the truth is, you can begin with just a little and learn along the way. One simple way to get started is by invest
A major U. S. bank is stepping into the world of digital money. BNY, a well-known name in traditional banking, has just launched a new fund. This fund is not for regular investments. It's designed to support stablecoins, a type of digital money that's tied to the value of real-world currencies like
