FINANCE

Advertisement
Nov 06 2024FINANCE

Young Adults Trust AI for Money Management

These days, young people are turning to artificial intelligence (AI) for help with their personal finances. A recent survey by Experian found that a large majority of Gen Zers and millennials are using AI tools to manage their money. About 67% of Gen Zers and 62% of millennials are relying on AI for

reading time less than a minute
Nov 06 2024FINANCE

Your Vote, Your Wallet: How Casting a Ballot Boosts Your Finances

Hey, did you know that your vote isn't just about politics? It's about money. Big money. Today, when you head to the polls, think about how that ballot can really change your financial future. Politicians talk a lot about "economic policy" and "fiscal responsibility. " But what does that really mea

reading time less than a minute
Oct 30 2024FINANCE

Tax Hikes Push Up UK Borrowing Costs

UK government borrowing costs hit their highest level since the Labour party took charge. This happened after Finance Minister Rachel Reeves announced big tax increases in her first budget. Right after the news broke at 12:30 p. m. , the yield on 10-year UK government bonds jumped by as much as 7 ba

reading time less than a minute
Oct 30 2024SPORTS

United’s January Target: Alphonso Davies in Amorim’s New System

Manchester United is aiming high for their first signing under new manager Ruben Amorim, setting their sights on Bayern Munich’s Alphonso Davies. This Canadian star could be a perfect fit for Amorim’s favored 3-4-3 formation, but there are some big hurdles to overcome before he joins the Red Devils.

reading time less than a minute
Oct 30 2024FINANCE

Bank Goes Green: HLB's New Plan for Sustainable Loans

On October 29, 2024, Hong Leong Bank (HLB) kicked off its journey into greener finance with the launch of its Sustainable Finance Framework (SFF). This initiative aims to invest a whopping US$4. 5 billion (RM20 billion) over five years to support projects that promote sustainability. The bank has be

reading time less than a minute
Oct 30 2024POLITICS

Tell Me Your Story: The Money Behind Chicago's School Board Elections

Imagine you're walking down the streets of Chicago and you see a group of people holding up giant blown-up checks. These aren't just any checks, but ones showing huge investments from billionaires in the upcoming school board elections. That's right, billionaires from outside Illinois are pouring mo

reading time less than a minute
Oct 30 2024FINANCE

Labour's Plan: Sin Taxes and Budget Moves

Britain's new Labour government is set to increase taxes on 'sin' items like alcohol, cigarettes, and gambling in its upcoming budget. This move is expected to bring in billions of pounds. These industries are often targeted because they're unpopular and won't have many defenders. However, experts w

reading time less than a minute
Oct 28 2024POLITICS

UK's New Budget: What to Expect

On September 23, UK Finance Minister Rachel Reeves spoke at the Labour Party Conference in Liverpool, hinting at the upcoming budget. This is Labour's first budget in 15 years, and it's causing a stir. Will there be tax hikes or spending cuts? Reeves hinted at a change in debt rules to free up funds

reading time less than a minute
Oct 24 2024BUSINESS

Chip Giant Arm Pulls License from Qualcomm: A Tech Fallout

In a surprising turn of events, Arm, a leading British semiconductor company, has revoked Qualcomm's license to use its chip design standards. This action follows a long-standing legal dispute between the two tech giants. Arm's decision, reported by Bloomberg, impacts Qualcomm's ability to access th

reading time less than a minute
Oct 24 2024FINANCE

Has AI Money Management Found Its Trustworthy Friend?

In the financial world, big names like Morgan Stanley and Goldman Sachs are relying more on artificial intelligence (AI) to predict the stock market and give advice to clients. But do people really trust AI with their hard-earned money? Research shows it's not a simple yes or no answer. A study ask

reading time less than a minute