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MAY 9, 2024

The Federal Reserve has released a statement detailing that some of the largest American banks participated in a new exercise. The Climate Scenario Analysis Exercise (CSA) involved some of the biggest names in banking and sought to asses their climate risk-management practices. Banks take part in climate exercise Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo participated.

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Credit Absolute

MAY 9, 2024

The weight of student loan debt in the United States has reached a staggering $1.7 trillion, impacting millions of borrowers. This financial burden can hinder homeownership, career choices, and economic security. The question of canceling student loans entirely has become a central debate in American politics and personal finance. While complete cancellation isn’t currently possible […] The post Is it Possible to Cancel Student Loans?

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biz2credit

MAY 9, 2024

Buying a franchise can jumpstart your journey to business ownership, bypassing challenging tasks like brand building, earning customer loyalty, and even defining your products and services. Franchises also offer unique funding opportunities, like franchise loans and franchisor financing. But that doesn’t mean that buying a franchise is without its challenges.

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Lendio

MAY 9, 2024

Whether you’ve gone through a personal or business bankruptcy, lenders will consider past bankruptcies when making a loan decision. This post will cover common questions about bankruptcy and how it impacts your loan application. Can you get a business loan after bankruptcy? Yes, you can qualify for a business loan if you’ve had a bankruptcy. However, lenders will want to see that you’ve rebuilt your credit and will have varying waiting periods before you are eligible.

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Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 52

lsq

MAY 9, 2024

ORLANDO, Fla. (May 9, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently announced the creation of a $25 million supply chain finance (SCF) program with a large Kentucky-based specialty energy company serving the metals manufacturing industry globally. The new SCF program allows the company to provide third-party-funded early-payment opportunities to their suppliers while standardizing payment terms to create working capital for the entire supply chain

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Credit and Collections 52

Due

MAY 9, 2024

Seven stocks have emerged as the dominant forces in finance and investment, earning the moniker “The Magnificent Seven.” These stocks belong to Apple, Meta (formerly Facebook), Google, Tesla, Microsoft, Amazon, and NVIDIA. Their combined market capitalization is so vast that it surpasses the total market capitalization of every company in China, France, Canada, the UK, and Japan combined.

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MAY 9, 2024

Fear is a universal human experience, an emotion that is as much a part of our lives as joy, sadness, or anger. It’s a primal instinct that has been hardwired into our brains to protect us from potential threats and dangers. However, fear can also be a barrier, a wall that prevents us from reaching our full potential and living our lives to the fullest.

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Accounting Department

MAY 9, 2024

The government contracting sector is highly regulated and requires strict compliance with Defense Contract Audit Agency (DCAA) regulations. With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors. However, technology has revolutionized business processes by simplifying accounting and ensuring DCAA compliance.

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Dashboards Small Businesses 84

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MAY 9, 2024

Saving for retirement and funding your children’s education can be a real challenge for many families. On one hand, you want to ensure you have enough money for a comfortable retirement. On the other hand, the rising costs of college tuition , room and board, and other educational expenses can put a big strain on your finances. Striking the right balance between these two crucial goals is no easy task.

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MAY 9, 2024

A federal jury in Manhattan has found the investor involved in the recent, highly significant Trump Media merger guilty. Bruce Garelick was convicted of five counts of securities fraud and conspiracy for his part in insider trading relating to a significant financial merger. Insider trading case sees Garelick convicted Garelick was at the helm of a shell company that merged with former President Donald Trump’s Trump Media.

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