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Today’s Live Business News: Jobs Report, Inflation and Stocks
The United States faces a default sometime between Dec. 21 and Jan. 28 if Congress does not act to raise or suspend the debt ceiling, a Washington think tank warned on Friday. The projection from the think tank, the Bipartisan Policy Center, was a narrower window than it provided last month, and the nonpartisan group suggested that the actual deadline, or X-date, could be toward the earlier end of that range. Democrats and Republicans appear to have tempered their tone around raising the debt limit this time around. While lawmakers have not settled on a path to lifting the borrowing
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Report finds poor financial management at Kentucky State
FRANKFORT, Ky. (AP) — A report by Kentucky’s Council on Postsecondary Education has found that poor financial management by Kentucky State University leadership in recent years has resulted in significant financial losses, Gov. Andy Beshear said Friday. The report also recommended that the institution receive $23 million in special appropriations from the state budget to cover current budget shortfalls. The Democratic governor ordered the review of Kentucky’s only public historically Black university after the university’s president resigned in August. The university is currently under state oversight. “When I heard about KSU’s financial situation, I asked for a full, independent and
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APAC Master Data Management Market For Financial Services Size, Share & Trends Analysis Report 2021 – 2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “APAC Master Data Management Market For Financial Services Size, Share & Trends Analysis Report By Country (China, Japan, Australia, New Zealand, Singapore, South East Asia), And Segment Forecasts, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering. The APAC master data management market for financial services is expected to reach USD 3.49 billion by 2028. It is anticipated to expand at a CAGR of 13.4% from 2021 to 2028. The rising need for regulatory compliance in the banking and financial industry is the major driving factor of the overall market growth. The industry emphasizes regulatory
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Most ethnic minority finance workers suffer discrimination, finds UK report | Financial sector
Two in three UK finance workers from black and minority ethnic backgrounds have suffered discrimination in the workplace, according to an industry survey revealing shortfalls in the City of London’s diversity agenda. The findings from reboot. – a network of senior professionals drawn from some of the City’s biggest firms, including fund managers Legal & General and State Street – said the industry was failing to back up diversity pledges with concrete action. According to the group’s Race to Equality report, which surveyed 800 employees from 440 companies with more than £1.4tn in annual revenue between them, 66% of BAME
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Recon Software for the Financial Service Market Share Analysis and Research Report by 2025
A Research study on Recon Software for the Financial Service Market analyzes and offers ideas of exhaustive research on ancient and recent Recon Software for the Financial Service market size. Along with the estimated future possibilities of the market and emerging trends in the Recon Software for the Financial Service market. ‘ Recon Software for the Financial Service market’ report is the latest addition to the syndicated reports offering an in-depth analysis of the major drivers influencing the Recon Software for the Financial Service industry share over the forecast timeframe. The report provides a detailed overview of factors covering the
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‘Paralysis by analysis’: financial sector focused on climate data instead of action, report says | Climate crisis
The financial world is making the same mistakes regarding climate change as it did with the housing market in the lead-up to the 2008 global financial crisis, a new report warns. Degrees of Risk – co-authored by Ian Dunlop, a former head of the Australian Coal Association – found that while regulators and the financial sector had begun to grapple with the risks posed by the climate crisis, they were not moving fast enough. Instead, they were relying on modelling scenarios of 3C and 4C of global heating without properly factoring in how catastrophic they would be. Dunlop said the
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Riskalyze Fintech Report Card: August 2021
Onramp Announces $6 Million Seed Funding What Happened: Cryptocurrency education platform and integration-as-a-service provider Onramp Invest announced that it raised $6 million in seed funding. Investors include Ritholtz Wealth Management, WisdomTree, Coinbase Ventures, Gemini Frontier Fund, Eterna Capital, Fox Ventures, Galaxy Digital and Galaxy Fund Management. Why It Matters: It’s super exciting to see the passion and commitment that CEO Tyrone Ross brings to the job rewarded with a great capital raise for this up-and-coming firm. Onramp is building a fascinating set of education and management tools to try to capture “first-mover” position among advisors intrigued with crypto. Has Onramp
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India Furniture Market Report 2021: Industry Size, Growth Trends, Opportunity Company Analysis, Financial Insights 2020-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “India Furniture Market, Impact of COVID-19, Industry Size, Growth Trends, Opportunity Company Analysis, Financial Insight” report has been added to ResearchAndMarkets.com’s offering. India Furniture Market was US$ 17.77 Billion in 2020 and will rise to USD 37.72 Billion by the end of the year 2026, growing at a double-digit CAGR of 13.37% during 2020-2026. India is a place for unique and excellent creative work of furniture. The Indian furniture industry is popular in the nation and internationally because of its rich handicraft and attractive traditional art and design. The Indian Furniture market has evolved over time.
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