Community Financial News

The Internal Revenue Service has begun an eight week awareness campaign to ensure that tax professionals are protecting themselves and their clients against identity theft.

Keir Starmer, the Labour Party leader on track to be the UK's new prime minister, on Friday thanked voters and said the people of the country are «ready for change» and to «end the politics of performance». Starmer, 61, in his victory speech after winning from Holborn and St Pancras, said whether people voted for him or not, «I'll serve every person in this constituency.» According to the exit poll, which is often quite close to the final tally, Labour could win as many as 410 seats, comfortably crossing the half way 326 mark and notching up a 170-seat majority with the incumbent Tories led by Prime Minister Rishi Sunak down to just 131 seats. «I will speak out for you, have your back, fight your corner every single day,» he said, adding people are «ready for change» and to «end the politics of performance».

A former investment advisor has been found liable for defrauding members of his religious community out of hundreds of thousands of dollars through a years-long deception, according to the SEC.

UK Parliament will welcome a record 29 MPs of Indian descent following the 2024 general election. Labour emerged as the leading party for People of Indian Origin (PIO) MPs, securing 19 seats, a notable increase from previous terms. Labour's Dominance and New Faces Labour celebrated a substantial victory with 12 new PIO MPs joining their ranks. Among the notable retainers are Lisa Nandy, Nadia Whittome, Navendu Mishra, Preet Gill, Valerie Vaz, and Seema Malhotra, who comfortably held onto their seats. Tanmanjeet Singh Dhesi retained Slough with a reduced majority, while Thangam Debbonaire lost Bristol Central to the Green Party, highlighting competitive contests within Labour strongholds.

The U.S. and Canada say they have agreed to update a treaty that governs the use of one of North America’s largest rivers, the Columbia, with provisions that officials said would provide for effective flood control, irrigation, and hydropower generatio...

Samantha Ruth Prabhu has invited the ire of the medical community on X. The 'Ye Maaya Chesave' star recently recommended her fans try the hydrogen peroxide inhalation protocol if they have come down with a viral fever. However, this medical advice was met with fierce opposition by a hepatologist called Dr Cyriac Abby Philips. Philips, who goes by the moniker ‘The Liver Doctor’ on X, slammed the 'Yasoda' actress and called her a “health and science illiterate”. “Influential Indian actress Ms. Samantha Ruth Prabhu, who is, unfortunately, a health and science illiterate, advises millions of her followers to inhale hydrogen peroxide to prevent and treat respiratory viral infections,” he tweeted. The doctor also added that inhaling this substance can cause serious health issues.

Rahul Gandhi will visit Manipur on Monday, his first visit after becoming Leader of Opposition in the Lok Sabha and his third after ethnic violence broke out in the state in May last year.

Delray Beach, FL, USA — Ingersoll Lockwood, a project that pays homage to Q, 17, Digital Soldiers, and everyone seeking to “Make America Great Again,” is introducing its native token, $INGER. With token pre-sale ongoing and scheduled to end on Thursday, July 11, 2024, at 1 PM (UTC), it is an opportunity to join a thrilling adventure through the “Great Awakening” that’s unlike what is prevalent in crypto. The Ingersoll Lockwood team plans to launch an NFT collection with hidden links going down the rabbit hole.

Hamster Kombat is the latest TON tap-to-earn clicker game to go viral, following on from wildly popular Notcoin, which from nowhere has marched to a market capitalization north of $1.6 billion.

PM Modi at the airport. Manturov and PM Modi shook hands and greeted each other. In a rare gesture, Manturov will also accompany PM Modi to the hotel from the airport in the same car. India's Ambassador to Russia, Vinay Kumar, was present at the airport to welcome PM Modi. The Indian community has gathered outside the hotel, where PM Modi is scheduled to arrive. Indian diaspora are also playing dhol to welcome PM Modi at the hotel.

US citizens are preparing to leave their country and are acquiring dual citizenship and buying off shore properties, ahead of the US Presidential Election in November. There is an increasing trend among those who can afford to move out expressing their willingness to leave the US. This has been prompted by a political culture that threatens violence and revenge against opponents. There are other reasons too. Trump has warned of retribution against his political opponents if he wins the election and a bloodbath if he loses, reminiscent of the attack on the Capitol Hill in 2020.

pilgrims and other commuters during the holy Amarnath Yatra, the Jammu and Kashmir Traffic Police have issued an advisory on National Highway-44 with cut-off timings and instructions for various convoy and non-convoy movements. Speaking to on Saturday, Senior Superintendent of Police, Traffic (NH-44) Rohit Baskotra, outlined specific cut-off times and guidelines for managing the traffic during the Amarnath Yatra. «After the Amarnath Yatra convoy sets off in the morning, the non-convoy vehicles plying on the NH-44 can cross Nagrota around noon, Jikhaini Udhampur around 1 pm, Chandrakot Ramban around 2 pm, and Banihal around 3 pm, after which they will not be allowed,» he said.

GMR Group has signed up as the principal sponsor of the Seattle Orcas for the upcoming Major League Cricket (MLC) season. Seattle Orcas is one of the six franchises in the MLC. As part of this sponsorship agreement, the GMR logo will adorn the arm of the Seattle Orcas' jerseys throughout the season. Additionally, GMR Group will leverage various rights associated with the sponsorship, including LED board displays, award presentations, toss mats, and ticket allocations. Furthermore, with Jio TV serving as the broadcaster in India, GMR Group will have access to advertising spots, enhancing visibility and engagement across international markets.

A Supreme Court ruling connected with the survival of the endangered Great Indian Bustard species on 6 April 2024 stated: “ … the people have a right against the adverse effects of climate change … this right and the right to a clean environment are two sides of the same coin.... The inability of underserved communities to adapt to climate change or cope with its effects violates the right to life as well as the right to equality… If climate change and environmental degradation lead to acute food and water shortages in a particular area, poorer communities will suffer more than richer ones." This game-changing jurisprudence, recognizing protection against the adverse impacts of climate change as worthy of being considered a fundamental human right, came days before a similar ruling by Europe’s top human rights court that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change.

The initiative, dubbed the FIX-FinP2P Protocol Interoperability Alliance, aims to upgrade existing financial infrastructure to seamlessly interact with distributed ledger technology by facilitating interoperability across traditional financial systems and blockchain-based platforms.The alliance is dedicated to enabling messaging between traditional finance and digital securities, such as regulated institutional tokenized real-world assets including bonds, loans, securities lending, alternative investments, repo, and money market funds. It entails the integration of the open-source FIX Trading Community and the open-source FinP2P tokenization interoperability protocol, with Ownera as an integration partner.The Joint GDF and FIX Trading Community Working Group, which first met on June 20th, will operate over a four-month period, during which participating GDF and FIX community member firms and relevant blockchain technology firms will collaborate to test the integration of a FIX-based trading system with a FinP2P router in a sandbox environment.Anthony Woolley, co-chair of the GDF Tokenization Forum and head of business development and marketing at Ownera says: “The biggest challenge facing tokenization initiatives today is to connect market supply and demand at scale and make it easy for buy-side institutions to access the pipelines of high-quality assets now being tokenized by the sell-side.

Greenidge Generation Holdings Inc., once one of the largest public Bitcoin miners in the US, has launched a new site in Mississippi, with 2,400 BTC mining capabilities.

Labour Party headed for a landslide victory Friday in a parliamentary election, an exit poll and partial returns indicated, as voters punished the governing Conservatives after 14 years of economic and political upheaval. As the sun rose, official results showed Labour had 326 of the 650 seats, as vote counting continued. British Prime Minister Rishi Sunak had already acknowledged the defeat and said he called center-left Labour's leader Keir Starmer to congratulate him on becoming the country's next prime minister. Starmer will face a jaded electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric.

The first one to arrive at 10 Downing Street for a meeting with the PM, Reyner will also hold the position of secretary of state for levelling up, housing and communities, succeeding Conservative rival Michael Gove. Rachel Reeves was appointed chancellor of the exchequer, succeeding former Tory cabinet member Jeremy Hunt. Reeves is UK's first female chancellor in the history of the job and formerly served as shadow minister for Labour for the past three years. David Lammy was also appointed foreign secretary, taking over from David Cameron and Yvette Cooper is now home secretary. O...

Dogeverse ($DOGEVERSE), the pioneering multichain meme coin, has announced its first centralized exchange (CEX) listing on MEXC, a leading crypto exchange.

Base Dawgz ($DAWGZ) has officially launched its staking feature and token holders can start earning now.

The Compound Finance website has apparently fallen victim to a hijacking incident, according to crypto investigator ZachXBT.