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Savings rate for Americans is falling. 'I'm concerned,' top economist says

The stockpile of cash most people hoarded during the pandemic is now nearly gone. But consumers need a safety net, experts say.

2 years ago

If Social Security benefits were cut, here's how much more you would need to save for retirement

If Social Security benefits were reduced or eliminated, Americans would need to double or triple their savings rate to retire with a sufficient nest egg.

2 years ago

McKinsey Global Payments On Cusp of ‘Decoupled Era’

Oct 3, 2023 Navigating the Surge and Strategy of Global Payments The McKinsey 2023 Global Payments Report unveils a realm where regions experience unprecedented revenue hikes, digital transactions become paramount, and new payment business strategies are essential for navigating through the intricate financial ecosystem. Explore the pivotal insights and trends shaping the future of global


The post McKinsey Global Payments On Cusp of ‘Decoupled Era’ first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Powerball jackpot hits $1.2 billion. What’s the best payout option? Experts weigh lump sum vs. annuity

The Powerball jackpot is up to $1.2 billion. Here's how to decide between the lump sum or annuity payout option.

2 years ago

The job market is strong, economists say — but workers don’t think so

The job market has been cooling but resilient but workers' outlook is souring.

2 years ago

U.S. falls in new 'financial inclusion' ranking, a global measure of access to financial services, researchers say

The U.S. position in a global ranking of so-called financial inclusion is slipping as consumer confidence in the government has eroded.

2 years ago

If Social Security benefits were cut, here's how much more you'd need to save for retirement

If Social Security benefits were reduced or eliminated, Americans would need to double or triple their savings rate to retire with a sufficient nest egg.

2 years ago

Will Google’s Gemini Kill ChatGPT-4? A Comparative Lens

AI | Oct 3, 2023 Google's Gemini and OpenAI's ChatGPT-4 have surfaced as two heavyweight contenders, each vying to redefine the landscape of machine learning and user interaction. Both models exhibit stellar capabilities in natural language understanding and generation, albeit with distinctive functionalities and applications. Google's Gemini Not yet released to the public (expected to


The post Will Google’s Gemini Kill ChatGPT-4? A Comparative Lens first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Ether Futures ETFs Launch. VanEck Commits 10% to Developers

Crypto | Oct 3, 2023 Three U.S. investment managers, ProShares, VanEck, and Bitwise Asset Management, have launched the first futures-based exchange-traded funds (ETFs) tied to the value of ether, the world's second-largest cryptocurrency. A total of six new funds allow investors to engage in exchange-traded products based on ether for the first time. BitWise Ethereum


The post Ether Futures ETFs Launch. VanEck Commits 10% to Developers first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Powerball jackpot hits $1.2 billion. What’s the best payout option? Experts weigh lump sum versus annuity

The Powerball jackpot is up to $1.2 billion. Here's how to decide between the lump sum or annuity payout option.

2 years ago

Unlocking Opportunities: Navigating the Private Market’s Secondary Landscape

Investing in the private market has long been considered the realm of institutional investors and venture capitalists. However, in recent years, there has been increasing access to private market investments for individual investors. While many individuals are eager to participate … Continue reading

2 years ago

Join Open Banking Advocates to Demand Canada Unlock Financial Stagnation

Open Banking in Canada | Oct 3, 2023 Coalition of advocates for open banking in Canada Launch 'Choose More' Campaign to Ignite In a bold stride towards financial liberation and innovation, the "Choose More" campaign has been launched, spearheaded by a coalition of pioneering Canadian FinTech companies. This initiative emerges amidst the palpable delays and


The post Join Open Banking Advocates to Demand Canada Unlock Financial Stagnation first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Bill Gross says the surging 10-year Treasury yield could test 5% in the short term

One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.

2 years ago

Latino student loan borrowers face extra challenges as payments restart

When the Biden administration turns the $1.7 trillion student loan system back on, Latino borrowers will face extra difficulties from economic inequities.

2 years ago

The battle between tax pros and social media: Many apps offer unreliable tax advice, experts say

Tax professionals are battling misinformation spread by influencers via TikTok videos. Here's what taxpayers need to know.

2 years ago