Search

Czech parliament's lower house approves government plan to keep ballooning deficit under control 10/13/2023 07:31am • PRAGUE (AP) — The Czech parliament’s lower house on Friday approved dozens of measures proposed by the government designed to keep the ballooning budget deficit under control. Czech citizens are a step closer to paying more for beer and medicine while businesses will face higher corporate taxes. China's exports and imports sink in September as global demand falters 10/13/2023 02:07am • HONG KONG (AP) — China’s exports and imports both fell in September from a year earlier, though they contracted at a slower pace than the month before even as global demand remained muted. Customs data released Friday showed exports for September slid 6.2% to $299.13 billion in the fifth straigh Thai and Filipino workers filling labor gap in Israel get caught up in war between Israel and Hamas 10/12/2023 08:47pm • BANGKOK (AP) — The first group of Thai workers evacuated from Israel after the past few days’ bloody events in southern Israel and Gaza arrived Thursday in the Thai capital of Bangkok, greeted by anxious relatives and senior officials. Hamas militants stormed through a border fence Saturday and 3 Reasons Why China's Economic Deflation Matters to Investors 10/12/2023 08:00pm • While U.S. investors struggle with the harmful impacts of inflation at home, the second-largest economy in the world is waging the complete opposite war in 2023. For much of this year, China has reported worse-than-expected gains or flat readings in its consumer price index, or CPI, a measure of inf How Automation and AI in Financial Planning Could Affect You 10/12/2023 08:00pm • When it comes to personal finance, automation can be a powerful tool -- just ask the millions of folks who've been able to build a nest egg thanks to automatic retirement plan contributions, or those who've been able to eliminate late fees by automating bill payments. But is automation and AI in fin 5 Best Closed-End Funds for 2023 10/12/2023 08:00pm • Exchange-traded funds, or ETFs, are popular these days, but closed-end funds, or CEFs, can be a great option for investors seeking income as well. Like stocks, CEFs debut via an initial public offering, or IPO, where the fund manager issues a fixed quantity of shares. These shares can track a variet CFPB, FTC fine TransUnion $23M for tenant screening and security freeze failures 10/12/2023 12:09pm • NEW YORK (AP) — Federal regulators fined credit-reporting agency TransUnion a total of $23 million for tenant screening and security freeze failures on Thursday. The Consumer Financial Protection Bureau and the Federal Trade Commission fined TransUnion $15 million because the company did not take Delta: Q3 Earnings Snapshot 10/12/2023 06:41am • ATLANTA (AP) — ATLANTA (AP) — Delta Air Lines Inc. (DAL) on Thursday reported third-quarter net income of $1.11 billion. The Atlanta-based company said it had net income of $1.72 per share. Earnings, adjusted for non-recurring costs and to extinguish debt, came to $2.03 per share. The results be Sri Lanka says it has reached an agreement with China's EXIM Bank on debt, clearing IMF funding snag 10/12/2023 03:06am • COLOMBO, Sri Lanka (AP) — Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion package from International Monetary Fund aimed at rescuing the island nation fr IMF and World Bank are urged to boost funding for African nations facing conflict and climate change 10/12/2023 01:06am • ABUJA, Nigeria (AP) — Many poor countries in Africa face the harshest effects of climate change: severe droughts, vicious heat and dry land, but also unpredictable rain and devastating flooding. The shocks worsen conflict and upend livelihoods because many people are farmers — work that is incre A Guide to Cash Flow Statements 10/11/2023 08:00pm • Every corporation needs reliable access to capital to stay in business. Positive cash flow allows businesses to cover expenses, plan growth initiatives and reward long-term shareholders. Cash flow statements give investors an assessment of how companies utilize incoming cash. "Cash flow statements a How Long Will $1 Million Last Me in Retirement? 10/11/2023 08:00pm • For many people, $1 million may sound like a lot of money to have for retirement. But how far will that amount really go? There's no one-size-fits-all process when it comes to calculating that answer. Instead, the life expectancy of your retirement money is determined by your lifestyle needs, invest Banker says Trump’s financial statements were key to loan approvals, but there were 'sanity checks' 10/11/2023 06:38pm • NEW YORK (AP) — Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. Trump’s “statements of financial condition” Planned purchase of old Louisiana shipyard put on hold amid questions from state financing panel 10/11/2023 06:00pm • NEW ORLEANS (AP) — Plans by the Port of South Louisiana to purchase what was once a major New Orleans area shipyard for construction of military vessels have been delayed. The port announced in January its intent to purchase the old Avondale Shipyard site from the current owner, port terminal ope Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge 10/11/2023 12:32pm • Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion to the acquisition, leaving no doubt o