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Most couples are 'financially incompatible,' survey finds. Having a money talk could help — no matter how long you've been together

Communicating about finances with your partner can help you both understand each other's money mindset. Having a "money talk" can build a stronger relationship.

2 years ago

Here's the breakdown of the inflation report for January — in one chart

High inflation persisted in January, with the consumer price index rising 6.4% on an annual basis.

2 years ago

Republican lawmakers urge Supreme Court to overturn Biden's student loan forgiveness plan

GOP lawmakers filed briefs at the Supreme Court, asking the justices to block Biden's historic student loan forgiveness plan.

2 years ago

The IRS has issued nearly 8 million tax refunds. Here’s the average payment

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here's the average payment.

2 years ago

UK Publishes Draft Legislation to Regulate BNPL Credit

Reuters | Huw Jones | Feb 1, 2023 Britain on Tuesday set out draft legislation to regulate "buy now pay later" (BNPL) credit, saying the sector posed potential harm to consumers without thorough affordability checks. BNPL companies are largely unregulated (UK) and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods like


The post UK Publishes Draft Legislation to Regulate BNPL Credit first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Navigating Current Market Conditions

The current economic environment, characterized by high interest rates, increasing inflation, and a slowdown of venture capital investments, may have implications for private market investors. With the current inflation rate for the 12-months ended December 2022 sitting at 6.4%[1], many … Continue reading

2 years ago

This is the best strategy to pay down credit card debt — but 37% of borrowers don’t know about it

Moving a balance from a high-rate credit card to one with a no-interest offer can save thousands.

2 years ago

What laid-off workers need to know when applying for unemployment benefits

Workers who've recently been impacted by the wave of layoffs from companies should apply for unemployment benefits as soon as possible, experts say.

2 years ago

What CEOs Should Know About the Metaverse

McKinsey & Co | Homayoun Hatami, Eric Hazan, Hamza Khan, and Kim Rants | Jan 24, 2023 When we estimated the market value of metaverse activity in June 2022, we calculated that it was between $200 billion and $300 billion. It’s larger now, and in eight years or so, it could be $4 trillion to $5


The post What CEOs Should Know About the Metaverse first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA)

Bank of Canada | Feb 11, 2023 The Department of Finance Canada’s proposed regulations on the Retail Payment Activities Act (RPAA) have been published for public comment in Part I in the Canada Gazette. The public comment period is an important step in the regulatory process. You have until March 28, 2023, to comment on the regulations


The post Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

House lawmakers relaunch the SALT caucus. Here's what to know about the $10,000 deduction limit for state and local taxes

A group of bipartisan House representatives relaunched the SALT caucus last week, calling for relief from the $10,000 state and local taxes deduction limit.

2 years ago

Some newlyweds may face a higher tax bill due to a 'marriage penalty.' What to know

While many couples discover they benefit tax-wise (or fare the same) once they are married, others end up paying more after tying the knot.

2 years ago

Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi

Finextra | Feb 10, 2023 Blockchain-based deposit tokens, rather than stablecoins, could emerge as the foundation for stable digital money, according to a report from JP Morgan and Oliver Wyman. Alternative bank-issued deposit token could prove more successful than stablecoins often touted as the future of digital money Deposit tokens are transferable tokens issued on


The post Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Top Wall Street analysts like these stocks for the long haul

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Costco and Amazon.

2 years ago

As Social Security's full retirement age moves to 67, some experts say it should not go higher

Raising the full retirement age may be one option on the table to shore up Social Security. Why experts say the idea "doesn't work for this economy."

2 years ago