In the wake of a prolonged postal strike, local charities across Canada are grappling with significant financial challenges, a situation exacerbated by the disruption to mail deliveries during the crucial holiday donation period. The strike, which spanned from November 15 to December 17, stalled
Third Point, an alternative investment manager with $12 billion in assets, has announced a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Founded in 1995 by CEO Daniel S. Loeb, Third Point focuses on event-driven investments in equities, venture
The fintech industry is on the brink of a significant transformation, driven by advancements in artificial intelligence (AI) and the increasing demand for personalized financial services. By 2025, these technologies are expected to redefine the financial landscape, offering consumers more tailored,
The article delves into an elaborate scheme orchestrated by a Chinese company, Beijing Karbon, to deceive the carbon credit market. Carbon credits, essentially permits that allow a company to emit a certain amount of carbon dioxide or other greenhouse gases, can be bought, sold, or traded. These
Teaching personal finance in U.S. schools is gaining traction, and initiatives like the one backed by Charles Schwab at Stanford University are leading the charge. This program aims to introduce comprehensive personal finance education to college students, starting with Stanford and potentially
In a move that has sparked both interest and controversy, Governor Gavin Newsom has proposed a new electric vehicle (EV) incentive program aimed at compensating for the possible elimination of the federal $7,500 zero-emission vehicle (ZEV) tax credit. This extensive revision of state policy has
