Fed dissenters speak: Why they backed higher interest rates
Inflation has topped the Fed’s 2% target for more than five years
Fed’s Kashkari and Hammack explain their dissents at the last meeting. Inflation too high
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Best Free Software to Create Logos You Need to Try
Creating a strong logo is essential for your brand’s identity. If you’re looking for free tools to design your logo, start with options like Canva or Adobe Express. These platforms offer user-friendly interfaces and plenty of templates. You can customize elements to fit your vision. Next, explore DesignEvo and Wix Logo Maker for additional features. […]
Banks Move Credit Decisions to the Transaction Level
For most of modern banking, credit and commerce have occupied separate systems. A lender evaluated a borrower, assigned a limit and established terms. The customer then spent against that pool of credit across hundreds or thousands of purchases. Outside of asset-linked products such as mortgages, the original underwriting decision may have little connection to what […]
What is Return-of-Premium Life Insurance and How Does It Work?
An insurance policy generally isn’t something you can return for your money back. But there’s one exception: return-of-premium (ROP) life insurance. This type of coverage reimburses you for the money you paid in premiums if you don’t die during the term. Some insurers offer it as a stand-alone policy, though it’s commonly sold as a […]
PIK: The Hidden Risks of Payment-in-Kind
Liquidity relief today, balance-sheet strain tomorrow: The very structures that make private credit nimble—PIK loans—could also mask risk until it’s too late. When GoHealth Inc. filed for Chapter 11 bankruptcy protection on June 7, the writing had been on the wall for two years. The Chicago-based health insurance marketplace had inked a payment-in-kind (PIK) deal […]
Oil price: Strait of Hormuz crude flows recover, Trump’s Iran tariff push
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices were moderately higher on Friday as investors monitored a recovery in crude flows through the Strait of Hormuz, which earlier eased supply concerns, following the resumption of hostilities between U.S. […]
Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Jakub Porzycki | Nurphoto | Getty Images Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepening crypto winter despite its efforts to diversify revenue. Here’s how Coinbase performed in its quarter ended June 30, compared with what Wall […]
Skip the Penalty: 3 Smart Ways to Reduce or Eliminate RMDs Without Getting Burned
Key Points While moving funds from your retirement account into a Roth IRA may save you money, it can be complicated and require professional assistance. Qualified charitable distributions allow you to do two things at once: save money on taxes and do something good for a worthy charity. The “still working” exception can help postpone […]
CSA, CIRO warn dealers: foreign ETF marketing can trigger prospectus rules
For wealth managers and fund managers, the notice’s central message is about marketing. Staff wrote that actively promoting a foreign ETF in Canada – through wholesaling to dealers, paid incentives, advertising in Canadian or social media, listing the fund on a Canadian affiliate’s research tools, or cross-listing it on a Canadian exchange – could count as a distribution and trigger the […]