The Senate made a bold pick last week by confirming Kevin Warsh as the next Federal Reserve chair, marking the most controversial Fed appointment in decades. The vote split almost perfectly along party lines, with only one Democrat breaking ranks. Warsh brings a unique background to the role—he’s no
Brokerage giant Charles Schwab now lets regular investors trade Bitcoin and Ethereum directly. The service started small, rolling out to a limited group first. Before this, Schwab clients could only get indirect exposure through ETFs or futures. Now, they can buy the actual coins through a separate
A bank that exists mostly as computer software is getting ready to open in Dallas. This isn’t a regular bank with tellers and vaults. Instead, it plans to handle money transfers, hold digital coins, and process payments using blockchain technology. The bank got the green light from U. S. regulators
The Senate made Kevin Warsh the new chair of the U. S. Federal Reserve after a narrow vote of 54-45. Only one Democrat joined Republicans in backing him. Just the day before, senators had approved his 14-year term on the Fed’s board—a sign of how much influence he’ll hold over America’s economy. Wa
Money moves fast these days. Faster than most finance teams can keep up. Last year, nearly 8 in 10 companies dealt with some kind of payment scam—whether it worked or not. These aren’t rare hackers in hoodies. They’re often inside email inboxes, pretending to be bosses or vendors to trick workers in
The state tax office has released new rules about how laundry businesses must pay taxes. It focuses on the business and occupation tax, also called B&O tax, and on retail sales tax. Eight types of services are covered. These include changing clothes, cleaning them, and supplying linens. Mos
Finance teams often seem busy, but busyness doesn’t always mean they’re getting important work done. Surprisingly, most finance leaders admit their teams waste hours on repetitive tasks like typing numbers into spreadsheets or matching transactions by hand instead of focusing on big-picture planning
Back in 2008, the financial system got a huge wake-up call about how slow and messy collateral moves can be. Banks had piles of assets locked in different places, and moving them around took days—sometimes too long to prevent a crisis. Now, the company that handles most of America’s securities is be
A lot of buzz exists around OTF and KBDC, two companies often mentioned together in investment circles. Some analysts claim OTF is the best bargain in a crowded market, but is that really true? The argument usually hinges on long-term growth potential, though past success doesn’t always predict futu
Many people react differently when new brands start selling everyday health products like hair loss treatments or skincare kits online. Some excitement comes from easier access, but others worry about hidden costs or weaker quality control. The business model behind these platforms often depends on
