How to Save Money And STOP Living Paycheck-to-Paycheck

Living paycheck to paycheck can be an incredibly stressful and disheartening way to live. However, it doesn’t have to be this way. With the right knowledge and tools, you can learn how to break away from this cycle and start building financial security for yourself. In this article, we’ll provide an overview of steps you […]

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Kraken ends its crypto staking program, will pay SEC $30M

Two subsidiaries of the crypto exchange Kraken ended their staking-as-a-service platform for U.S. investors Thursday, and the exchange entered a $30 million agreement with the Securities and Exchange Commission to settle charges that it offered unregistered securities. Staking is the process by which investors lock up their crypto tokens for a set period of time […]

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TD, First Horizon delay merger completion timeline to May

TD and First Horizon agreed to extend until May 27 the date by which their proposed $13.4 billion tie-up must close, the banks said Thursday. The agreement puts on paper a timeline TD had acknowledged as early as December, when executives said the bank aimed to complete the transaction in the first half of fiscal […]

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Fed unveils 2023 stress test scenarios

Wall Street’s largest banks will be tested against hypothetical scenarios of a severe global recession with heightened stress in both commercial and residential real estate markets, the Federal Reserve said in its 2023 annual bank stress test Thursday. Along with the usual adverse scenarios, the banks with large trading positions will be assessed against a […]

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Goldman’s consumer-business chief is leaving

Peeyush Nahar, Goldman Sachs’ global head of consumer business, is leaving the bank and will take on an advisory role, Bloomberg reported Friday. Nahar, formerly Uber’s vice president of technology, was hired to lead Marcus in June 2021 — months after the consumer bank’s previous chief, Omer Ismail, and head of large partnerships, David Stark, left Goldman […]

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Global Payments sells gaming unit for $415M

Dive Brief: Global Payments has agreed to sell its gaming solutions business to private equity firm Parthenon Capital Partners for $415 million, the payments company said Friday. Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects the Atlanta-based firm’s efforts “to refine our portfolio toward our core, corporate customers and […]

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Fiserv’s new HQ approved for state tax credits

A Wisconsin Economic Development Corporation committee voted Feb. 2 to approve $7 million in tax credits for the building of payment processor Fiserv’s new Milwaukee headquarters, according to a press release Thursday. Fiserv, currently based in suburban Brookfield, Wisconsin, announced in October its plans to move its global headquarters to Milwaukee, promising to invest $40 […]

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PayPal CEO plans to retire at yearend

The embattled CEO of PayPal, Dan Schulman, plans to retire at the end of the year, after the digital payments pioneer has struggled in recent years to meet growth goals and beat back mounting competition. Schulman said he spoke multiple times with PayPal’s board about the company’s succession plan and informed the directors recently that […]

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