Finance

Inflation

Risks Of “Upside” Inflation Make Fed Officials Cautious About Cutting Interest Rates

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On Friday, two more Federal Reserve members joined the chorus of American central bankers who are downplaying the need to cut interest rates in the face of persistent inflation. One of them issued a warning, stating that should price pressures fail to further abate, the central bank may even decide to hike rates once more. […]

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Royal Bank

Canada’s Royal Bank Dismisses Its CFO Due To An Undeclared Relationship

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Following Nadine Ahn’s retirement, Katherine Gibson was named temporary Chief Financial Officer by Royal Bank of Canada (RY.TO), opens new tab on Friday. The appointment took effect immediately.  Increase In Compensation After learning of “allegations” against Ahn, the bank said it would look into the matter. The investigation revealed that Ahn had a “undisclosed close

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Morgan Stanley

Morgan Stanley Increases CEO Compensation And Appoints An Ex-UK Regulator To Its Board

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Morgan Stanley and Butler, a former UK financial regulator, has been appointed to the board of directors of Morgan Stanley (MS.N), the bank announced in a statement on Friday. Block Trading Tactics Butler, 59, was an executive director at the Financial Conduct Authority and the UK Prudential Regulation Authority. At the online annual meeting of

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UniCredit's

Glass Lewis Points Out UniCredit’s Dangers In Russia And Its Exorbitant CEO Pay Increase

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 In a contentious paper released prior to the lender’s annual general meeting, top governance counsel Glass Lewis stated that UniCredit’s, opens new tab continued involvement in Russia exposes the Italian bank to reputational problems.  Compensation Package At their April 12 meeting, UniCredit shareholders will ratify the company’s full year’s financial performance and give Chief Executive

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Student Loan Forgiveness

Student Loan Forgiveness: Borrowers Have Until April 30 To Consolidate Their Loans

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As April progresses, a critical opportunity looms large for those struggling with student loan debt. If you’re one of the millions of debtors looking for financial freedom, knowing the importance of combining your educational loans by the final day of April could pave the path to relief and even forgiveness. Student Loan Forgiveness: Deadline The

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SNAP Recertification

SNAP Recertification: Overview, Application Process, And Deadline In Different States

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It is estimated that over 3.4 million people in Texas rely on the SNAP to help them purchase basic food and necessities. That is why it is critical to avoid missing the recertification date, as claimants may be denied payments. SNAP recertification is a vital step in maintaining eligibility and guaranteeing continuing access to program

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Affordable Connectivity Program

Affordable Connectivity Program: Since This Program Is About To End, Learn About Other Similar Programs

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President Joe Biden’s administration has pushed congressional Republicans to renew funding for the Federal Communications Commission’s Affordable Connectivity Program (ACP), which offers broadband refunds to more than 23 million families. Commencement Of Affordable Connectivity Program Bipartisan legislation launched in January recommended a $7 billion extension for the program, which is critical because its funding is

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Social Security Benefits April Update: Recipients Who Will Get More Than $1,500

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A portion of Social Security recipients will get benefits exceeding $1,500 this month. On the second, third, and fourth Wednesdays of April, if you qualify for the Social Security retirement programme or else Social Security Disability Insurance (SSDI), you will probably receive your benefits.   Benefits for retired workers and handicapped people have increased each

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Inflation

Stock Futures Rise As Fed Rate Cuts And Inflation Come Into Focus 

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Following a rocky start to the week due to concerns over the trajectory of interest rates and inflation, U.S. stock futures saw a spike higher on Thursday. Stocks Dropped Investors are anticipating this Friday’s highly anticipated U.S. jobs data. The Dow Jones Industrial Average saw its futures rise 90 points, or 0.2%, following the index’s

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Jp Morgan

JP Morgan Reshuffles And Appoints New Executives To Lead Banking And Capital Markets

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A memo seen on Thursday states that JPMorgan Chase (JPM.N) has overhauled the leadership in its global banking division, appointing new heads in investment banking and capital markets.  Banking Under New Organization Under the leadership of CEOs Filippo Gori and Doug Petno, who were chosen to head the larger business in February, the commercial, corporate,

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