2020 Financial News

Workers have turned out hunting rifles, shotguns, carbines, revolvers and more at the Remington plant in upstate New York for about two centuries

Manohar Lal Khattar-led Haryana government has prepared cement barricades, iron nails, suspension of internet, suspension of bulk SMS services, and heavy police deployment to block the farmers. In what seems like a possible repeat of the 2020 Farmers' Protest against implementation of minimum support price (MSP), farmers are planning to march to Delhi on Tuesday to press the Centre to accept their various demands. Farmer leader Sarwan Singh Pandher on Saturday said the Centre has invited them for a meeting to discuss their demands on February 12.

Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for 2023-24.

Amit Shah as saying in Lok Sabha. “Our leadership displayed resolve and not an inch of India's land was lost," he added. Congress-led Opposition parties have attacked the PM Modi-led Union government on the issue and claimed that Chinese troops have encroached on India's territory.

Trump ballot disqualification bid gets sceptical US Supreme Court reception "Every single Biden attack on gun owners and manufacturers will be terminated my very first week back in office, perhaps my first day," Trump said in a speech to thousands of supporters at the Great American Outdoor show in Harrisburg, Pennsylvania. Donald Trump not immune from prosecution in 2020 Capitol attack case The NRA enthusiastically backed Trump during the 2016 race and throughout his administration, cheering him on as he appointed three conservative justices to the Supreme Court and adopted a series of steps sought by the influential gun lobby.

This is the first time that PayPal Ventures has used PYUSD for an investment since the stablecoin's launch last summer. The funds were transferred on chain using Mesh’s APIs. The investment comes on the heels of Mesh’s $22 million Series A funding round, backed by new investors including Money Forward, Galaxy, and Samsung Next. Mesh helps businesses to integrate crypto transfers and payments directly into their existing platforms, eliminating the need for users to switch between platforms. Established in 2020 as an account aggregation platform, the firm now has over 300 integrations with different exchanges, wallets and brokerages. Bam Azizi, CEO, Mesh, says: “We’re thrilled to have the backing of PayPal Ventures as we execute against our vision of becoming the connection layer for a critical mass of crypto platforms and financial service providers.”

If you’re one of the millions of Canadians who worked from home during 2023, either full time or on a hybrid-work arrangement, you’ll need to take some extra time this tax filing season if you want to claim a deduction for your home-office expenses. That’s because the “simplified method” of claiming home-office expenses is no longer available for the 2023 tax year.

The cost of housing remains a hot-button topic with both Millennials and Gen-Z. Plenty of articles and commentaries address the concern of supply and affordability, with the younger generations getting hit the hardest. Such was the subject of this recent CNET article:

NewEdge Wealth has added a new office in Atlanta, Georgia, with the hire of a team formerly with J.P. Morgan Wealth Management.

Federal wildlife officials have agreed to conduct a year-long review to determine whether a tiny snail found only in high-desert springs near a huge lithium mine being built along the Nevada-Oregon line should be listed as a threatened or endangered sp...

Nevada's Supreme Court has dismissed a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press

SocGen is cutting 947 jobs in Paris before summer and people there are not happy. But SocGen's traders have gone through the dark days of winter and are out the other side. However, they are not as cosy as they were before.

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently

According to the OECD, Canada was the third largest recipient of foreign direct investment (FDI) inflows in the first three quarters of 2023 (at US$42 billion), behind only the United States and Brazil. Does that mean Canada is doing well attracting capital, as the federal government has argued? Not really. Not if you consider outflows, too.

“Personnel is policy”, as the saying goes – if you want to know what an organisation is planning, look at who is being promoted and why.  But it doesn’t always work that way.  Sometimes, other factors intervene and personnel moves can be a downright misleading guide to strategy.  It seems that Barclays' leveraged finance business, where Na Wei has just been promoted to sole head , might be one of these unusual cases.

Small-cap stock under ₹50: Shares of Sakuma Exports have been in uptrend post-Covid pandemic. After bottoming out at ₹3.35 apiece level in March 2020, this small-cap stock under ₹5 witnessed strong bottom fishing by bulls of the Indian stock market. Showcasing strong northward movement, the penny stock below ₹5 to turn into a multibagger stock in the next four years time.

While Canadian companies have made some progress in making the workplace more diverse and inclusive, eight in 10 Black Canadians say they still face some form of discrimination at work, a new report by KPMG has found.

In September 2021, I discussed how the market had set its sights on the S&P 500 index hitting 5000. To wit.

People may be leaving Goldman Sachs after bonuses, but they are joining too. One of Goldman’s newest hires in London has returned from a sojourn in a hedge fund.

Honda is recalling over 750,000 vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they're not supposed to

Federal authorities say a rare whale found dead off Massachusetts shows potential evidence of injury from entanglement in fishing gear, which is one of the most pressing threats to the species