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Citigroup earnings top Street estimates as credit costs from the pandemic stabilize

"We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase," CEO Michael Corbat said.

5 years ago

Social Security cost-of-living adjustment will be 1.3% in 2021

The Social Security Administration announced on Tuesday just how much benefits will increase next year. But for beneficiaries who may already be spread thin financially amid Covid-19, the modest increase may not be good news.

5 years ago

How small retailers are doing Amazon Prime Day amid Covid-19 pandemic

Amazon's annual two-day Prime Day sales event kicks off Tuesday after the coronavirus pandemic delayed the event for months. Owners of the more than 1 million small businesses that sell products on Amazon are looking to the two-day shopping event to provide a sales boost.

5 years ago

Op-ed: The pandemic has shown that long-term financial security is a necessity, not a luxury

The Covid-19 pandemic has shown us that long-term financial security is a necessity, not a luxury. And that means competent and ethical financial planning must be a priority, writes Kevin R. Keller, chief executive officer of the CFP Board.

5 years ago

Amazon Prime Day is on — here are the best deals

Amazon Prime Day will run through Wednesday, Oct. 14, with discounts on more than 1 million items, including intermittent “Lightning Deals,” for Prime members.

5 years ago

Here's what not to buy on Amazon Prime Day

You've probably heard a lot about the best deals on Amazon Prime Day. Here are some items you might want to hold off purchasing.

5 years ago

Unemployment was supposed to be temporary. Now, it’s permanent for almost 4 million

Unemployment spells are becoming longer and are less likely to be temporary in nature, meaning the U.S. is trending toward a riskier period of joblessness.

5 years ago

7 Things You Need To Know Before Investing in Artificial Intelligence

Guest Post | Oct 13, 2020 AI is the future and a lot of us want to invest in it. Here are 7 essential facts you must know before investing in AI. We cannot fathom how deeply Artificial Intelligence (or AI for short) is involved in our day-to-day tasks – from simple chatbots helping us


The post 7 Things You Need To Know Before Investing in Artificial Intelligence first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

How workplace benefits might reflect the new reality of Covid-19

The coronavirus pandemic has forced employers to take a hard look at the workplace benefits they're offering. Here's how that benefit menu might change to adapt to today's new reality.

5 years ago

World’s biggest ecommerce investor enters UK with an alternative VC model

Sifted | Maija Palmer | Oct 8, 2020 Clearbanc, the world’s largest ecommerce investor, is coming to the UK with a $500m pot of money and a funding model that disrupts the way traditional VC investment works. Instead of taking equity stakes in startups like a conventional VC, Clearbanc — founded by Canadian Dragons’ Den


The post World’s biggest ecommerce investor enters UK with an alternative VC model first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements

FSB | Oct 13, 2020 The recommendations call for regulation, supervision and oversight that is proportionate to the risks. Authorities agree on the need to apply supervisory and oversight capabilities and practices under the “same business, same risk, same rules” principle. The performance of some functions of a GSC arrangement may have important impacts across


The post Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

The ECB is looking ‘very seriously’ at the creation of a digital euro, president Christine Lagarde says

Business Insider | Saloni Sardana | Oct 12, 2020 Key Points   European Central Bank president Christine Lagarde said Monday the ECB is "very seriously" looking at the creation of a digital euro. At a virtual IMF event, Lagarde said the pandemic has caused many structural changes including the way "we work, we trade, and


The post The ECB is looking 'very seriously' at the creation of a digital euro, president Christine Lagarde says first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Working after age 70? Think twice before saving in this retirement account

The Secure Act made it easier for older workers to continue saving for retirement. But this move can backfire for some savers. What you need to know.

5 years ago

Google Flutter for Web Development

Guest Post | Oct 13, 2020 Google Flutter for Web Development The industry of mobile app development is growing rapidly, which makes many companies focus on mobile rather than web development. However, finding a perfect balance between investing in both mobile and web applications is what makes businesses truly successful. Flutter is one of the


The post Google Flutter for Web Development first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

The big lesson Suze Orman learned from her recent health scare

Personal finance expert Suze Orman underwent spinal surgery in July. "It is hard to face your greatest fears in life," she said.

5 years ago