US federal debt currently stands at a staggering US$31.4 trillion (£25.2 trillion), the highest it’s ever been. That matters because it’s approaching the maximum limit that the government is legally allowed to borrow.
Each day, messages from Nigerian princes, peddlers of wonder drugs and promoters of can’t-miss investments choke email inboxes. Improvements to spam filters only seem to inspire new techniques to break through the protections.
Do you rent out your home a few weekends a year through Airbnb? Sell stuff on Etsy? Get paid for pet-sitting? If you, like many Americans, make at least US$600 a year with a side hustle of any kind, the way you pay taxes may soon change.
New rules are going to make sure the Internal Revenue Service gets more information about payments made to Venmo and other apps often used for informal work. And this new system will enhance the agency’ ability to detect any underreported taxable income.
NEW YORK - March 30, 2023 -- Leading AI-powered credit decision platform provider, Scienaptic announced today that Advantage One Credit Union is now live on its AI-based underwriting platform. As part of the deployment, Scienaptic's AI platform has been integrated with Advantage One Credit Union's Loan Origination System (LOS) MeridianLink Consumer. The deployment complements Advantage One Credit Union's lending process and helps approve more loans through highly automated, intelligent predictive signals.
NEW YORK - March 30, 2023 -- Raising capital to start a business can be challenging. Startups looking for funding need to work with professional investment firms or credit investors and fill out complex paperwork to file their applications.
Today, raising business funds is easier with crowdfunding, which allows a group of people from the general public to fund businesses. With the enactment of the Jobs Act, crowdfunding has become more popular and has opened doors of opportunities for startups to ask for support from the general public. To help startup owners find the right funding and establish their businesses the right way.
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating three entities and nine individuals, and identifying one presidential aircraft as blocked property, pursuant to Executive Order (E.O.) 14038. These designations build on sanctions imposed on individuals and entities in Belarus in response to the ongoing brutal crackdown against the pro-democracy movement and civil society surrounding the fraudulent August 2020 presidential election. These actions also underscore the United States’ willingness to hold the regime in Minsk to account for its complicity in the Russian Federation’s ongoing unjustified war of choice against Ukraine.
The recent collapse of Silicon Valley Bank (SVB), a regional US bank that funded start-up companies in the technology and innovation sector, has created a worldwide wave of financial instability.
Despite the efforts of US financial regulators to contain the potential damage by immediately providing full protection to the bank’s depositors, the collapse triggered a global dip in banking share prices.