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The recent smoky air in New York City caused by Canadian wildfires is a stark reminder to fintech leaders of their role in addressing pressing global issues such as gender parity, financial inclusion, and climate change. These issues are intrinsically interconnected, and fintech tools have emerged as critical catalysts for…

Chinese luxury electric vehicle maker Nio stock posted Q1 2023 results that were roughly in line with estimates and indicated that it would cut prices on its vehicles as it looks to stoke demand. Total revenues for the quarter stood at about RMB 10.68 billion (about $1.55 billion), a year-over-year…

A Medicare Advantage PPO (preferred provider organization) plan is an important option for many Medicare beneficiaries. If you’re getting ready to enroll in Medicare or perhaps considering changing plans during the Open Enrollment Period in the fall, here are 10 important things to know. 1. There are two types of…

The ongoing struggle between employers and employees over remote work continues, with some employers threatening remote workers, while others offer more in-office benefits. We’ll see where it all comes out, but our tight job market currently gives workers—at least college-educated ones—the upper hand over employers. The Washington Post recently reported…

The Federal Reserve is expected to pause hiking interest rates at the conclusion of Wednesday’s meeting marking the end to 10 straight increases which have driven borrowing costs above 5% squeezing consumers and creating headwinds for the economy. Despite the pause, Americans are unlikely to see any relief according to…

Even though about 75% of financial professionals say workers should invest bonuses in their 401(k) plans, only 17% of employees do so, according to a recent survey by Empower.  Nonetheless, bonus amounts vary widely. When asked how much they received in bonus payments, 36% of respondents said less than $500,…

Disruptions at West Coast ports, particularly the major California hubs at the Ports of Long Beach and Los Angeles, and ongoing labor negotiations have raised concerns about supply chain woes hitting the U.S. economy during the peak shipping season. The U.S. Chamber of Commerce, the largest trade group representing American…

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