Category: Finance

Imagine this: Two days before your family holiday party, you get a text about an online order you placed a week ago, saying the package is at your door. It comes with a photo – of someone else’s door. When you click the attached link, it takes you to the online store, where you enter […]

Wegovy and Ozempic are weight loss drugs that promise to transform the treatment of obesity, heart disease and other chronic conditions that afflict millions of Americans. But while everyone agrees these drugs have the potential to transform lives, no one can agree on how best to pay for them. Wegovy sells for a list price […]

In 2024, cryptocurrency theft reached alarming levels, with over $2.2 billion (A$3.5 billion) worth of digital assets stolen—a 21% increase compared to the previous year. This marks the fourth consecutive year that thefts of more than $1 billion have been reported, according to a Chainalysis report. The total number of individual hacking incidents also rose, […]

Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a student-managed investment fund and studies corporate decision-making and incentives. Together, they’re also the resident economic oracles at The Conversation U.S., […]

As has become customary, I am going to repeat a theme that I write about every year: how we should use Hanukkah to teach children about responsible money habits. Rabbi YY Jacobson tells the following joke: “One autumn the Indians in a remote reservation asked their new Chief if the winter was going to be […]

In a significant move aimed at managing economic growth and inflation, the Federal Reserve (Fed) lowered its key interest rate by 25 basis points at its December meeting. The decision, made by the Federal Open Market Committee (FOMC), brings the fed funds rate down to a range of 4.25%-4.50%, marking the third consecutive rate cut […]

Databricks, a leader in AI-driven data analytics and infrastructure, has raised an impressive $8.6 billion in its ongoing Series J funding round, surpassing OpenAI’s previously record-breaking venture capital deal for 2024. Led by Thrive Capital, this funding round is positioning Databricks to potentially reach a total of $10 billion, with the company’s valuation climbing to […]

Last year, I had the opportunity to meet and befriend Brock Pierce at an Israel conference at Gotham Hall in New York City. Pierce is a blockchain pioneer, impact investor, and philanthropist with an extensive track record of founding, advising, and investing in disruptive [innovative] businesses. He’s been credited with pioneering the market for digital […]

The pay-as-you-go (PAYGo) solar sector is crucial for expanding energy access to underserved communities, yet the financial sustainability of companies in the industry remains a significant challenge. Over the past year, CGAP along with MFR and GOGLA analyzed the extent to which different types of PAYGo firms are able to reach low-income customers. Using the […]

Open finance holds immense promise for financial inclusion, but with that great opportunity comes significant risk. As consumers share more of their data to access financial services, safeguarding their rights and security becomes paramount. At a recent open finance workshop by the Financial Stability Institute, The World Bank, and CGAP, experts from nearly 50 countries […]