A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock plunged nearly 15% during midday trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian shares rose 8.1%…
The UK student finance framework is facing unprecedented scrutiny. In a landmark report titled “Student loans: Broken and unfair?”, the cross-party Treasury Select Committee has concluded that the government has a moral obligation to overturn its planned repayment threshold freeze for Plan 2 student loans. The policy, originally announced by Chancellor Rachel Reeves to freeze…
Home Advice You Can Trust Tips, tricks & ideas for a better home and yard, delivered to your inbox daily. Compost is a great way to improve the health of your garden or lawn. Since compost releases nutrients gradually, it’s an excellent long-term solution for building quality soil. Still, it’s important to know what’s in…
In 2027, retirees could find themselves with far more money in their Social Security checks than they are receiving this year. And there’s a simple reason why that’s the case. It’s because of the cost-of-living adjustment (COLA) that retirees are on track to collect. COLAs are awarded in most years to help ensure Social Security…
Today the Tax Justice Network published two reports on real estate transparency. The first one, “Beneficial ownership of real estate around the world” summarises the findings of the Financial Secrecy Index on real estate transparency. It also it updates the report “Beneficial ownership registration around the world 2022” by assessing the state of play of…
The Department of Labor will focus heavily on fiduciary rules and SECURE 2.0 guidance, according to the newly published 2026 Unified Agenda. The rule lists, posted by the DOL and the Department of the Treasury, revealed that the Employee Benefits Security Administration is again reworking “Prudence and Loyalty in Selecting Plan Investments,” often called the ESG rule, and…
Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.
The Securities and Exchange Commission today announced that Paul Knight has been named as the agency’s Chief Operating Officer (COO). As COO, Mr. Knight will oversee the SEC’s operational and administrative functions, including the agency’s Office of Human Resources; Office of Acquisitions; Office of Financial Management; EDGAR Business Office; Office of the Chief Data Officer;…
Whenever it’s someone’s birthday and I need to find the candles and matches, I’m always fumbling around searching for them. So instead, I thought I’d make a keepsake box to hold them that is beautiful and functional to grab and use. Something that’ll become a beautiful part of our memories as we celebrate! So here’s…
No investment or savings vehicle is entirely without risk, but certificates of deposit (CDs) offer more security and predictability than most. With fixed or upwardly adjustable interest rates, terms ranging from as short as one month to as long as 10 years, and FDIC insurance up to $250,000 per account, CDs are useful tools for…