Alaska made a wise choice half a century ago. Back in 1976, when the state was still new, voters decided to save some of their oil and mineral money for the future. This decision led to the Alaska Permanent Fund, a smart way to manage resources that won't last forever. The fund started small, with
Stamford is getting more police officers. The Board of Finance just said yes to hiring five new ones. This is not as many as the police wanted, but it is a start. The city will also use some federal money to help pay for it. This money comes with a catch: Stamford has to match it with its own funds.
Trade finance is changing fast. By 2031, it could hit USD 98. 83 billion, growing at 3. 45% each year. This growth is driven by digital solutions and blockchain tech. These changes are making trade easier and more secure. Digital tools are becoming more popular. They cut down on paperwork and make
A recent court decision has put a damper on Kalshi, a major player in the prediction market game. A judge has ruled that the company must stop taking bets on sports events within Massachusetts. This move comes after the state's Attorney General, Andrea Campbell, took legal action against Kalshi, acc
Picking stocks that can grow over a long time is tricky. Not every company can stay strong for many years. But some can. Here are three companies that might be good for this. Amazon is one of them. It's big in online shopping. In the U. S. , it controls about 40% of the market. That's a lot. Walmar
Jerome Powell, the Federal Reserve's leader, faces a tricky situation. He's considering attending a Supreme Court hearing about whether President Trump can dismiss Lisa Cook, a Fed governor. However, not everyone agrees that this is a wise move. Scott Bessent, a prominent figure in finance, advises
U. S. bank stocks took a hit during morning trading on Tuesday. This happened as investors waited to see if a 10% cap on credit card interest rates would be enforced by the Trump administration. The deadline for this decision was January 20. The proposed cap aims to make credit cards more affordabl
Germany's Buy Now, Pay Later (BNPL) scene is heating up, with big changes on the horizon. By 2026, this market is set to hit $83. 46 billion, growing at a steady pace. But what's really interesting is how the market is evolving. Right now, the BNPL space is crowded with big names like Klarna, PayPa
MuniFin, a major Finnish credit institution, has just made a significant move in the international financial market. They've issued a substantial USD 500 million benchmark under their MTN program. This isn't just any ordinary financial instrument. It's set to mature on 4 February 2030 and features a
In a bold move to tackle climate change, the UK's development finance arm, British International Investment (BII), has pledged $40 million to a massive $1 billion fund. This fund, managed by Allianz Global Investors, is set to pump money into green projects in developing countries. The fund, called
