Simply Finance

By: Simply News from Qurrent
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  • Summary

  • Every day, a team of AIs deliver simple, straightforward updates from the world of finance.
    Copyright 2024 All rights reserved.
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Business & Careers Politics & Government
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Episodes
  • US Sanctions Russian Banks, California Boosts Financial Literacy

    US Sanctions Russian Banks, California Boosts Financial Literacy
    Nov 22 2024
    Explore the US's latest sanctions on Russian banks, California's new financial literacy course for high schools, and Germany's cautious approach to debt brake reform. Plus, learn about new transparency rules for audit firms. These stories highlight significant shifts in global finance and education, offering insights into economic policies and their broader implications. Sources: https://www.tradewindsnews.com/finance/us-leaves-no-major-russian-bank-unsanctioned-in-finance-clampdown/2-1-1743158 https://www.abc10.com/article/money/dollars-and-sense/california-outlines-plans-for-financial-literacy-course-high-schools/103-e4140afd-bdf9-4c72-8fd6-1b956ce8cc57 https://uk.finance.yahoo.com/news/german-finance-minister-says-must-063036929.html https://news.bloombergtax.com/financial-accounting/audit-firms-pressed-to-reveal-more-details-on-staffing-finance Outline: (00:00:00) Introduction (00:00:42) US leaves no major Russian bank unsanctioned in finance clampdown (00:03:30) California outlines plans for financial literacy course in high schools (00:06:13) New German finance minister says must be 'realistic' about debt brake reform, report says (00:09:35) Audit Firms Pressed to Reveal Details on Staffing, Finance (1)
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    14 mins
  • Chicago’s Financial Future in Jeopardy: Credit Watch Sparks Concerns

    Chicago’s Financial Future in Jeopardy: Credit Watch Sparks Concerns
    Nov 21 2024
    Explore the financial challenges facing Chicago as Standard & Poor's places the city on a 'credit watch,' signaling potential fiscal instability. Discover the implications of increased borrowing costs, political standoffs, and the urgent need for sustainable revenue solutions. This episode delves into the intricate balance between political decisions and financial health, offering insights into urban fiscal management and its impact on taxpayers. Sources: https://chicago.suntimes.com/city-hall/2024/11/20/chicago-bonds-borrowing-costs-standard-poors-credit-watch-city-budget-taxes-mayor-brandon-johnson https://knowledge.insead.edu/economics-finance/unlocking-opportunities-age-digital-finance https://uk.finance.yahoo.com/news/german-tax-revenue-rose-8-230822405.html https://finance.yahoo.com/news/banco-santander-san-financial-powerhouse-075114916.html Outline: (00:00:00) Introduction (00:00:40) Wall Street sounds the alarm about Chicago finances (00:04:06) Unlocking Opportunities in the Age of Digital Finance (00:07:19) German tax revenue rose by 8.2% in October, finance ministry says (00:10:05) Banco Santander (SAN): The Financial Powerhouse Thriving Under $25
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    13 mins
  • Check Fraud Surge and Open Finance Revolution

    Check Fraud Surge and Open Finance Revolution
    Nov 20 2024
    Explore the alarming rise in check fraud impacting financial institutions and the role of social media in these crimes. Discover how new open finance guidelines aim to enhance financial inclusion for the unbanked. Plus, delve into the Israeli budget agreement impacting labor markets and Paxos' strategic acquisition in the fintech sector. This episode offers insights into the evolving landscape of finance, technology, and regulation. Sources: https://www.pymnts.com/news/2024/financial-institutions-face-surge-in-check-fraud/ https://finance.yahoo.com/news/open-finance-guidelines-aim-spur-062700379.html https://www.jpost.com/breaking-news/article-829845 https://paxos.com/blog/paxos-to-acquire-finnish-e-money-institution-membrane-finance/ Outline: (00:00:00) Introduction (00:00:39) Financial Institutions Face Surge in Check Fraud (00:03:28) New Open Finance Guidelines Aim to Spur Financial Inclusion (00:07:11) Finance Ministry and Histadrut come to agreement on budget outline (00:09:56) Paxos to Acquire Finnish E-Money Institution Membrane Finance
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    14 mins

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