When godliness goes up, financial advisor misconduct goes down
Every day, financial advisors take perhaps the toughest ethical test in America. Entrusted with managing more than $30 trillion in assets by clients who are relatively naïve in the ways of financial markets, they face constant temptations and opport.....»»
COVID-19 job losses impacted early withdrawal from retirement accounts: Study
Having a robust emergency savings fund could help people weather financial shocks, such as job loss during the COVID-19 pandemic, finds a new study from the Brown School at Washington University in St. Louis......»»
Racial and gender bias in US crime victim compensation programs highlighted in report
Significant racial and gender disparities exist in U.S. crime victim compensation programs, revealing Black and Indigenous people as well as survivors of gender-based violence face unique challenges in obtaining financial support, according to a new.....»»
A key NASA commercial partner faces severe financial challenges
"The business model had to change." Enlarge / Rendering of an individual crew quarter within the Axiom habitat module. (credit: Axiom Space) Axiom Space is facing significant financial headwinds as the company attempts t.....»»
Rain Technology protects consumers against visual hackers and snoopers at ATM terminals
Rain Technology announced ATM Switchable Privacy, designed to protect consumers against visual hackers and snoopers at ATM terminals in financial institutions, retail stores, restaurants, airports, and other public settings. ATM stats and state of th.....»»
Security measures fail to keep up with rising email attacks
Organizations must reassess their email security posture as incidents continue to escalate, leading to financial losses. Key findings reveal a significant increase in email attacks, with many successfully bypassing standard security protocols and tar.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Ally Financial warns of "intensifying" credit challenges, shares slump
Ally Financial warned of challenges that have intensified over the quarter as borrowers struggled with high inflation......»»
OpenAI could increase subscription prices to as much as $2,000 per month
A new report claims that OpenAI is facing financial difficulties that could result in a monumental price hike......»»
Trump assails women who accused him of misconduct, days before his debate with Harris
Trump assails women who accused him of misconduct, days before his debate with Harris.....»»
The true cost of cybercrime for your business
As cybercriminals continue to refine their methods, blending traditional strategies with new technologies, the financial toll on individuals and organizations has reached alarming levels. Businesses are also grappling with mounting cybercrime costs f.....»»
People in financial distress behave more morally, says study
A new study conducted at Reichman University, in collaboration with Aarhus University in Denmark, challenges the negative stereotypes associated with individuals facing economic hardship. The study, led by Prof. Guy Hochman of Reichman University's B.....»»
Do we have Microsoft to thank for the iPhone?
Where would Apple be today without Microsoft's and Bill Gates' act of financial generosity?.....»»
Ally"s EV lease strategy includes tax credits, residual guarantee
Ally Financial has rapidly expanded its EV leasing business after receiving a 50 percent residual value guarantee from an unspecified automaker during the first quarter......»»
More frequent financial reporting benefits investors
When it comes to financial reporting, how much information is too much? Public companies in the U.S. file reports every three months to comply with the rules of the Securities and Exchange Commission......»»
"More than just numbers:" Statistics expert uses data to predict extreme weather, financial downturns
Using data and numbers, a West Virginia University statistician is exploring new methods that could predict and model extreme patterns in weather events, financial turmoil and pollution levels......»»
Third-party risk management is under the spotlight
In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The outage has demonstrated the need for greater digital supply chain resilience, part.....»»
Apple is replaying its Jony Ive trick to manage Maestri’s departure
Apple yesterday announced Luca Maestri’s upcoming departure from his long-held role as the company’s chief financial officer (CFO), with the relatively unknown Kevan Parekh replacing him. It’s no coincidence that Apple made the announcement.....»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
Apple announces CFO transition coming next year, names Luca Maestri successor
Apple has announced a major change for its executive team. The company’s current CFO (Chief Financial Officer), Luca Maestri, will transition out of his role after the end of 2024. more….....»»
Apple CFO shakeup: Kevan Parekh replacing Luca Maestri
Luca Maestri has served as Apple's CFO for over a decade, but he's stepping down and being replaced by Kevan Parekh, Apple's current VP of Financial Planning and Analysis.Apple ParkKevan Parekh has spent 11 years at Apple and leads Financial Planning.....»»