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Credit card debt hits record $1.14 trillion, New York Fed research shows

Credit card balances rose in the second quarter of 2024, the Federal Reserve Bank of New York found.

1 year ago

NVIDIA’s Controversial Data Scraping Under Fire

AI Data | Aug 6, 2024 NVIDIA is facing copyright backlash over scraping huge amounts of video to train it's AI models AI and tech giant NVIDIA is reportedly under fire for illegally stealing large amounts of video footage from Netflix and YouTube without authorization, according to 404 Media.  Despite internal ethical and legal concerns,


The post NVIDIA’s Controversial Data Scraping Under Fire first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

This labor data trend is a 'warning sign,' economist says. Here's why

Marginally attached workers are people who want a job, but are having a significantly hard time finding one. An increase of this cohort can mean trouble.

1 year ago

These 4 groups of borrowers will qualify for Biden's next round of student loan forgiveness

The U.S. Department of Education is still finalizing its new student loan forgiveness plan. But here are the four groups likely to benefit.

1 year ago

Here's how Kamala Harris' running mate Tim Walz could help shape the child tax credit

Democratic nominee Kamala Harris has picked Minnesota Gov. Tim Walz as her running mate, a choice that could highlight the child tax credit, experts say.

1 year ago

Now is the time to 'buy things on sale' in the stock market, advisor says. Here's what to know

While bad days in the market can induce fears, it's important to stick to your long-term financial goals and continue to invest, experts say.

1 year ago

How This Fintech Is Helping Low-to-Moderate Income Earners

Fintech Innovation | Aug 6, 2024 How Fintech Empowers Low-to-Moderate Income Earners A recent Forbes article by Geri Stengel, features how fintech innovations are offering new pathways to financial stability for low-to-moderate wage earners, a demographic often overlooked by traditional financial institutions. National Problem:  Living Paycheck to Paycheck Research from the Pew Charitable Trust indicates


The post How This Fintech Is Helping Low-to-Moderate Income Earners first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Inscora Secures $2M to Revolutionize Cyber Insurance

Funding | Release | Aug 6, 2024 Montreal Fintech Inscora Announces $2M in Funding Led by Luge Capital Montreal, QC – Aug 6, 2024 – Inscora, a Montreal-based fintech that provides automated cyber risk assessment and sales enablement tools to cyber insurance brokers, has secured $2 million in funding.  The financing round was led by


The post Inscora Secures $2M to Revolutionize Cyber Insurance first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

SunPower files for bankruptcy, plans to sell off assets — stock drops more than 40%

Embattled solar installer SunPower has filed for Chapter 11 bankruptcy protection.

1 year ago

Apple shares drop 7% after Warren Buffett's Berkshire Hathaway slashes stake by half

Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.

1 year ago

Apple shares drop 5% after Warren Buffett's Berkshire Hathaway slashes stake by half

Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.

1 year ago

So much for 'underconsumptioncore,' back-to-school shopping is in full swing — and with it, 'backtoschoolhauls'

TikTok’s latest tagline comes surprisingly swiftly on the heels of a movement meant to resist overconsumption.

1 year ago

So much for TikTok's 'underconsumption' trend, as back-to-school shopping hits its stride

TikTok's latest hashtag trend comes surprisingly swiftly on the heels of a movement meant to resist overconsumption.

1 year ago

Summer is ‘high season’ for flight delays. Here’s what travelers need to know

Financial compensation for flight delay and cancelation varies by airline.

1 year ago

'Don't panic' amid stock market volatility, advisor says. Here's why staying invested pays off

Amid stock market volatility, it's critical to avoid emotional moves that could stunt long-term portfolio growth, financial experts say. Here's what to know.

1 year ago