Author: IA PressRoom

The NewsThe State Department announced on Wednesday that Secretary of State Antony J. Blinken planned to leave on Friday for a visit to Beijing to stress to Chinese officials “the importance of maintaining open lines of communication to responsibly manage” the relationship between the two nations.Mr. Blinken also plans to “raise bilateral issues of concern, global and regional matters, and potential cooperation on shared transnational challenges,” the State Department said.The trip is one that Mr. Blinken had to reschedule after canceling a planned visit on the day of his departure in early February, when a Chinese spy balloon flying over…

Scaling my side hustle to six figures took some major shifts in lifestyle to grow without burning … [+] out.getty I started my side hustle in 2020 and grew the business to $500,000 in revenue. This success was thanks to four counterculture ideas about money goals that every aspiring business owner should consider over traditional advice. Keeping Steady Motion Is More Important Than Motivation According to a study of 600 entrepreneurs by Kajabi, 84% said they experience imposter syndrome. I’ve seen many side hustlers in my financial education classes avoid sales because of these feelings, which can be particularly detrimental…

Nigeria has abandoned its years-long currency peg and allowed the naira to trade freely, traders and local bankers said, prompting the biggest single-day fall in its history.The about-turn, which has not been confirmed by the central bank, would mark the latest in a series of eye-catching moves since new president Bola Tinubu took office last month. Markets anticipated a possible end to Nigeria’s complex exchange rate system when Tinubu on Friday removed central bank chief Godwin Emefiele, whose signature policy was to prop up the naira.The country’s official exchange rate dropped to N600 against the dollar on Wednesday according to…

© Reuters. FILE PHOTO: A sign for Bell Canada on a vehicle in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio (Reuters) -Canada’s Bell, a unit of BCE (NYSE:) Inc, said on Wednesday it would cut 1,300 jobs and close six radio stations in a bid to rein in costs. Most of the layoffs would affect management and the company will also sell three AM radio stations to a third party, according to Bell. The jobs cuts add to the tens of thousands of layoffs announced this year by companies from Meta Platforms to Goldman Sachs (NYSE:) as they grapple…

© Reuters. FILE PHOTO: Prudential Financial Inc logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Jody Godoy (Reuters) – A U.S. appeals court on Tuesday partly revived a shareholder lawsuit against Prudential Financial Inc (NYSE:) alleging the insurer concealed a shortfall with its individual life insurance policy reserves in 2019. The 3rd U.S. Circuit Court of Appeals said investors had a plausible claim the insurer falsely downplayed mortality among policyholders as “normal” on June 5, 2019, less than two months before Prudential had to increase its reserves by $208 million to account for…

© Reuters. FILE PHOTO: A logo of The UPSIDE Foods plant, where lab-grown meat is cultivated, is seen in Emeryville, California, U.S. January 11, 2023. REUTERS/Peter DaSilva By Leah Douglas (Reuters) – California’s UPSIDE Foods said on Wednesday it received regulatory approval from the U.S. Department of Agriculture for the label on its cell-cultivated chicken, making it the second company in the United States to secure that approval. Several companies are seeking approval from U.S. regulators for cultivated meat and fish products, hoping to appeal to consumers concerned about the environmental impact of raising livestock for food. “The USDA’s approval…

Source: AdobeThe US Securities and Exchange Commission could take months to decide whether or not to respond to crypto exchange Coinbase’s petition for rulemaking, according to a recent court filing.The SEC did not seem to be rushing to implement rulemaking for crypto in a court filing responding to Coinbase’s request for the agency to write rules explaining how securities laws apply to crypto. Coinbase called on a court to issue a “writ of mandamus” last month, telling the SEC to respond to its rulemaking petition within seven days.“There is no merit to Coinbase’s extraordinary request for a writ of mandamus to…

You’ve made some money by stashing funds in a high-yield savings account, and now you want to cash in to make a down payment on a home. You’ve transferred the money out of your account — but are you sure it will arrive in time for the closing?  High-yield savings accounts are having a moment. With the federal-funds rate in the range of 5% to 5.25%, consumers can earn an annual return of up to 5% on their deposits on these accounts, which are most commonly offered by online banks.  Financial…

Our experts answer readers’ banking questions and write unbiased product reviews (here’s how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page. The national average APY (Annual Percentage Yield) on a 6-month CD is 1.19% APY. However, some of the best online banks offer up to 5.20% APY for a 6-month CD right now.A 6-month CD is a short-term CD that lets you maintain a fixed interest rate for a short period of time. It may be a good option if…

A ban on green investing has cleared North Carolina’s GOP-controlled legislature as part of a broader Republican crusade against big businesses that champion sustainability and workplace diversity.The measure, which won final legislative approval Tuesday, bans state agencies from using “environmental, social and governance” standards to screen potential investments, award contracts or hire and fire employees. It also says the state cannot weigh how a company promotes sustainability, engages with its community or structures its leadership to support those goals.At least two other states — North Dakota and Idaho — have already enacted laws banning such criteria. And elected officials in…