Time is running out to recognize the women leading Canada’s wealth management industry forward. Nominations for Wealth Professional’s Leading Women in Wealth 2026 close this Friday, July 31, and this is your last opportunity to ensure the right leaders are seen. From driving innovation and delivering exceptional client outcomes to mentoring teams and shaping strategy,…
Key Points: Mediators involved in the Middle East conflict reportedly believe the U.S. and Iran are nearing an agreement that would revive a previously failed memorandum of understanding. According to The Times of Israel, cited by Fox News, negotiators from Pakistan, Egypt, and Qatar have been working to clarify how shipping through the Strait of…
To counter major cyber threats, Danmarks Nationalbank is pioneering an offline emergency payment system. This article appears in the July/August issue of Global Finance Magazine. Danmarks Nationalbank, the Danish central bank, has launched a financial systems security project to establish a Dormant Emergency Bank (DEB) to serve as a robust reserve bank in the event…
Amazon is reportedly phasing out several in-house artificial intelligence (AI) models in a larger AI overhaul. The tech giant is also reorganizing teams and having engineers focus on a new strategy that involves competing at the frontier level, Business Insider reported Tuesday (July 28), citing sources familiar with the matter. The report noted that these…
Fund and asset management is expected to be completely changed by artificial intelligence (AI). What is interesting, though, is the rapidity of this change, as it is predicted to undergo a transformation in the next 12 months. ClearWater Analytics anticipates that the entire fund management stack will be completely different. ClearWater Analytics is a natively…
Key insight: PayPal’s earnings beat analyst expectations amid rumors the company may be sold. Expert quote: “We remain open and objective. If we see levers that will create superior value to shareholders we will of course carefully consider them.” —Enrique Lores, president and CEO of PayPal. Forward look: PayPal raised its outlook for the rest…
Investors should focus more on earnings growth and less on capital expenditures, says Catalyst Funds’ chief investment officer.
Ford at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC DETROIT — Ford Motor is set to announce second-quarter results after the markets close Tuesday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by LSEG: Earnings per share: 35 cents adjusted Automotive…
The Austin Independent School District’s board approved an $887 million fiscal 2027 budget last month that included $205 million in operating cuts. Rich Saskal As Texas public schools gear up for the coming school year, some are facing financial pressures that have led to negative underlying rating actions, while competition for students could heat up…
PayPal’s turnaround hinges on a digital rebuild that includes stabilizing the checkout button consumers know today while preparing for a commerce environment in which artificial intelligence agents, digital identity and financial services could change what that button needs to do. During the company’s second-quarter earnings call Tuesday (July 28), PayPal CEO Enrique Lores laid out…