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A new report finds global fintech revenues topped $504 billion as sector growth outpaced traditional finance. This article appears in the July/August issue of Global Finance Magazine. A shift in sentiment is underway in the global fintech sector. Two years ago, the industry was still recovering from the post-pandemic fintech reset, which brought capital shortages, plunging…
Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion.
Why is Euronext stock surging today?
LPL Financial said its recruited assets were $25 billion during the second quarter, up 35% from a year ago and about 47% sequentially, as the firm’s recruiters return to their organic recruiting efforts. The firm has recruited $89 billion over the trailing 12-month period, the company reported. LPL is on track to complete the conversion…
ING economists Deepali Bhargava and Lynn Song expect the Reserve Bank of India to keep the repo rate at 5.25% this week. They note that while June headline inflation rose on higher fuel prices, core inflation remains below target. This gives policymakers room to maintain current settings while monitoring risks from elevated Oil prices and…
A general view of BP North Sea headquarters in Aberdeen, U.K. (Photo: Jeff J Mitchell) Getty Images Energy giant BP (LON: BP) has put its North Sea business and operational assets for sale in move that will draw the curtain on 60 years of production on the company’s home turf. The move for a sale,…
Reddit user u/dworkin18 spent $18,000 replacing a blue 1980s bathroom with white marble-look tile, a larger tub, a dark vanity, and brass fixtures. The homeowner called the finished space her dream bathroom, but many readers focused on what disappeared during the remodel. u/dworkin18 The original bathroom had blue wall tile, a matching blue tub, toilet…
If you already own a car, be sure to practice the smart gas mileage tips that the American Safety Council’s First Time Driver blog suggests: driving more efficiently (avoiding speeding, idling and rapid acceleration and braking), using cruise control, removing unnecessary weight from your car, keeping up with maintenance and planning your trips. However, if…
A Baltimore County judge has sentenced Michael C. Okolo of Pikesville, Maryland, to six months incarceration for 10 counts of insurance fraud for acting as an insurance agent without a license. According to Attorney General Anthony G. Brown, the jury found that Okolo acted as an insurance agent without a license by selling 11 annuity…