Study: Americans Overestimate Their Financial Literacy

Study: Americans Overestimate Their Financial Literacy

Share Tweet Share Share Share Print Email A new study reveals that while Americans are generally overconfident in their financial knowledge, only a few could score a top grade on a financial quiz. The “Financial Literacy: Prosperity Begins with Knowledge” study from Raddon, a provider of innovative research, also found that the vast majority have […]

General Electric dips, Microsoft up slightly, Mylan under pressure

General Electric dips, Microsoft up slightly, Mylan under pressure

Let’s check out the Yahoo Finance charts of the day. General Electric (GE): Shares are down in early trade, at around .68%. GE was urged by France’s finance minister to stick to its commitment to create 1,000 jobs at energy producer Alstom. The company made the commitment in 2015 when it bought Alstom’s energy business, […]

Shepherd's Finance, LLC Reports First Quarter 2018 Results

Shepherd's Finance, LLC Reports First Quarter 2018 Results

JACKSONVILLE, Fla., June 13, 2018 (GLOBE NEWSWIRE) — Shepherd’s Finance, LLC (“Shepherd’s” or the “Company”) announced its operating results for the first quarter ended March 31, 2018. 2018 Financial Highlights to Date Earnings Growth – Net income increased approximately $0.1 million, or 50.2%, to $0.3 million for the quarter ended March 31, 2018 compared to net […]

Free personal finance classes can help you avoid expensive mistakes

Free personal finance classes can help you avoid expensive mistakes

(Pexels Photo) PHOENIX — When it comes to personal finance, a lack of knowledge can lead to expensive mistakes. That’s where the free MoneySKILL financial literacy program comes in. “The name speaks for itself. It’s to teach life skills about managing money,” Tim Stanley, board chair of the American Financial Services Association Education Foundation, told […]

Digitization Has Yet To Prove Its Worth For Banks' Trade Finance Operations

Digitization Has Yet To Prove Its Worth For Banks' Trade Finance Operations

Share Tweet Share Share Share Print Email The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. As covered by Global Trade Magazine in reports in Monday (June 11), the […]

Envision Healthcare on an upswing, Southwest Airlines jump, DSW's up

Envision Healthcare on an upswing, Southwest Airlines jump, DSW's up

Let’s check out the Yahoo Finance charts of the day. Envision Healthcare (EVHC): Shares are up in early trade, at around 2.7%. Private-equity firm KKR has reached a deal to buy Envision Healthcare Corp., a provider of services to hospitals, for about $5.5 billion in cash. Southwest Airlines (LUV): Shares are up here, 2.6%. According […]

Systemic risks feared as Amazon cloud eats finance

Systemic risks feared as Amazon cloud eats finance

Technology experts have raised fresh concerns about the financial sector’s over-reliance on Amazon after it emerged several large asset managers have started using the e-commerce giant’s cloud platform. Financial News has learnt that the US technology company, which already counts a slew of banks, regulators and fintech firms among its customer base, also works with […]

Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong’s former financial chief John Tsang Chun-wah on Saturday took a dig at politicians of all stripes – including the pro-democracy camp which supported him in last year’s chief executive race – accusing them of causing “deep and irreparable injury” to the city’s systems. He was particularly critical about the goings-on in the Legislative […]

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

THE TICKER Chinese men pass by a ZTE building in Beijing. (AP Photo/Ng Han Guan, File) The Trump administration’s failure to extract any meaningful concessions from Beijing in return for salvaging Chinese telecom giant ZTE is more than just a tactical defeat.  It portends a broader collapse of the U.S. push to force systemic reforms […]

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