Category: Finance

MPs to grill top City firms on sexism in the finance sector

City of London commuters (AFP via Getty Images)

City of London commuters (AFP via Getty Images)

MPs are set to grill top City firms on their lackluster efforts towards gender equality, launching a new inquiry into sexism in the UK finance sector.

The committee is today calling for evidence “on the barriers faced by women in financial services”.

Among the topics to be covered will be the gender pay gap, sexual harassment and the roles of the Government and regulators in acting as “gender equality role models”.

The committee examined the same topic in 2018, and hopes the new review will uncover whether there has been sufficient progress

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We’re Entering a New Era of Shady Campaign Finance

You don’t become a billionaire without being clever with money, but Doug Burgum’s latest scheme is a head-scratcher: The North Dakota governor is offering $20 gift cards to people who donate one greenback dollar to his presidential campaign. His fellow candidate Vivek Ramaswamy is offering a 10 percent commission to anyone who brings in donations. A super PAC supporting Miami Mayor Francis Suarez is offering one donor a year of free college tuition.

Critics have long pointed out how big money distorts politics, but these fundraising stunts demonstrate how now even small money has come to warp campaigns. These GOP

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Gun violence intervention and other initiatives were overlooked while the councilman gained

Councilman W. Howard Myers, front and center, walks into the Petersburg District Court for a hearing on Thursday, Feb. 16, 2017.

Councilman W. Howard Myers, front and center, walks into the Petersburg District Court for a hearing on Thursday, Feb. 16, 2017.

PETERSBURG—During the pandemic, the federal government dispersed billions of dollars throughout the states to help them respond to the economic impacts and shore up infrastructure.

The money had to be spent in four areas: to replace lost public sector revenue for government services, to respond to the negative health and economic impacts of Covid-19 by supporting small businesses, households, nonprofits, or other impacted industries, to provide additional pay for essential workers, and to invest in water, sewer, and broadband

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‘The Bear’ Season 2: Six Pressing Financial Questions

The Bears is not a show about crime, per se—it’s just one in which there happens to be a lot of it. A partial list of malfeasance in 2022’s debut season includes aggravated assault, a stabbing, drugging an entire birthday party’s worth of children with Xanax, selling cocaine, Explicitly directing an employee to keep selling cocaine, driving with a suspended license, failing to pay spousal support, and something loosely described as “gangster shit” perpetrated by characters named Crooked John and Mr. Carl. Also, a variety of shenanigans involving a handgun.

Then there are the financial misdeeds. As in its first

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Layer-2 DeFi Project Rodeo Finance Hacked for 472 Ethereum

Arbitrum-based Rodeo Finance has lost $888,000 in a recent attack.

A “Force Investment” hack was deployed, allowing the attacker to steal 472 Ethereum ($888,000). The wallet later sent 150 ETH into the Tornado Cash mixer, leaving 371 ETH remaining in the wallet.

The exploiter originally funded 50 ETH from Tornado Cash to execute the hack.

Arbitrum is a popular layer-2 scaling solution for the Ethereum network that uses optimistic roll-up technology.

Blockchain security firm PeckShield first highlighted the attack on Twitter with a link to the attack transaction commenting, “Hi, @Rodeo_Finance you may want to take a look.”

The attacker

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Financial gifts: Everything you need to know before helping your loved ones financially

Financial gifts: Everything you need to know before helping your loved ones financially

From taxes to family tension around the inheritance, does your plan cover everything?


Approaching retirement is undoubtedly an exciting time for many, as their decades-long journey of diligent savings and hard work is rewarded with new and exciting pursuits. However, over the past few years, the feeling of excitement has been dampened by economic uncertainty around interest rates, inflation and housing markets. This is especially true for those who are balancing the desire to help their children get ahead financially, while also ensuring they have their

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Coping with the crushing reality of the sandwich generation

Five tools to manage stress when it hits

Published July 02, 2023 • Last updated 5 days ago • 5 minute read

Caring for aging parents while raising young children is challenging.
Caring for aging parents while raising young children is challenging. Photo by Getty Images/iStockphoto

There is a perception that my role as an investment and wealth adviser is to focus on “the numbers.” In reality, that could not be further from the truth. Managing wealth

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As housing costs soar, some financial analysts advise scrapping the 30% rule

If you have ever applied for social housing or a mortgage, or even tried to figure out your budget, you probably have come across this figure: 30 per cent.

That’s the often-touted maximum percentage of your income that you should spend on a home. But in an age where the average one-bedroom apartment in Vancouver rents for $2,787 a month (new window)is that number still realistic?

It depends on who you’re asking. But generally, the answer is: sort of.

The benchmark doesn’t apply anymore, said Credit Canada CEO Bruce Sellery by email.

Housing costs have increased dramatically, everywhere. And

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