Author: IA PressRoom

SecuX and Trend Micro will launch Cold Wallet

Biden and McCarthy finally reached a debt-ceiling deal on Saturday night. It codifies the end of the student-loan payment pause while protecting Biden’s broad debt relief. Advocates are upset with that provision and want it removed from the final bill. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app President Joe Biden and Speaker of the House Kevin McCarthy finally reached an agreement on raising the debt ceiling — but it didn’t leave student-loan borrowers entirely unscathed.On Saturday night, the two leaders announced they had…

getty Several years ago, a Cambridge study suggested auto-enrollment alone would not solve the dilemma of too few younger employees saving enough for retirement. More recently, the Society for Human Resource Management’s 2020 Employee Benefits report concluded, “51 percent of respondents automatically enroll new or existing employees into a 401(k)-type plan, up from 39 percent in 2018,” and “26 percent automatically increase employee contributions annually, up from 18 percent in 2018.” While the needle appears to be moving in the right direction, it’s unclear if it’s a good thing. Judging from the results of a 2022 study, younger generations might…

The 1996 slasher movie Scream sets out three rules to survive a horror movie: you can never have sex, you can never drink or do drugs and you can never, under any circumstances, say “I’ll be right back”. Among recent bank failures, Silvergate did the deed, Signature Bank got wasted on its parents’ Tia Maria and Silicon Valley Bank did both before popping outside to check the strange noise in the garden. Having all committed obvious banking sins, all were duly punished.International bankers and regulators, observing the recent fiasco in US banking, are scornful. “Poor management, poor supervision, poor regulation.…

© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/ NEW YORK (Reuters) – Dina Powell McCormick (NYSE:), the head of Goldman Sachs Group Inc (NYSE:)’s sovereign business who also leads its sustainability efforts, is leaving, the bank said Tuesday. Powell McCormick, one of the most senior women at Goldman, is joining merchant bank BDT & MSD Partners, a person familiar with the situation said. The departure was reported earlier by the Wall Street Journal. BDT…

© Reuters. FILE PHOTO: People walk across the plaza of the U.S. Supreme Court building on the first day of the court’s new term in Washington, U.S. October 3, 2022. REUTERS/Jonathan Ernst/ By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday turned away a patent dispute between labeling company Avery Dennison Corp (NYSE:) and ADASA Inc that would have given it a chance to clarify a standard that critics have said has sown confusion about what inventions can be legally protected and led to cancellations of valid patents. The justices declined to hear Avery Dennison’s appeal of a…

Source: AdobeTether is launching bitcoin mining in Uruguay. Tether, the company behind the largest stablecoin by market cap, said the move “showcases” its commitment to energy innovation and the future of crypto, in an announcement on Tuesday. “By harnessing the power of Bitcoin and Uruguay’s renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining,” said Paolo Ardoino, Tether’s chief technology officer. “Our unwavering commitment to renewable energy ensures that every Bitcoin we mine leaves a minimal ecological footprint while upholding the security and integrity of the Bitcoin network.Tether said too it would be collaborating with a “local…

House Republican leaders are touting the deal between House Speaker Kevin McCarthy and President Biden as a conservative victory, even as many of the most conservative Republicans in the House are saying they will vote against it.”[The White House] wanted new tax policy, they want new tax revenue, they wanted tax increases,” said House Financial Services Chair Patrick McHenry, R-N.C., on a call with reporters Monday night. “They wanted more price fixing, like more price setting, in the private sector for a variety of products, especially pharmaceuticals. Their key policy issues they forced into the conversation, are not in this…

The numbers: Home prices rose in March as home sellers held out on listing their homes, constraining supply. Despite elevated mortgage rates, the S&P CoreLogic Case-Shiller 20-city house price index rose 0.5% in March, as compared to the previous month.  Home prices were strongest in the Southeast, while prices in the West continued to drag. Though buyer demand has outpaced supply in March, surging mortgage rates may dampen home sales. The 30-year mortgage in May is over 7%, according to Mortgage News Daily. Year-over-year appreciation was down 1.1%, which is a dip from the home prices rising 0.4% in February.…

Mara Garcia is the CFO of Phonexa, an all-in-one marketing solution for calls, leads, clicks, email, SMS, accounting and more. getty As the demands of consumers, businesses and service providers continue to change, so have the tech tools needed to complete specific tasks and everyday processes. With new technologies being developed and implemented each day, organizations need to reassess their processes and operations to determine where any improvements can potentially be made. This is particularly true for chief financial officers (CFOs), as their roles constantly evolve to meet the needs of both their organization and the consumers they serve. Organizations…