Financial literacy — the ability to understand how money works in your life — is considered the secret to taking control of your finances. Knowledge is power, as the saying goes, but information alone doesn’t lead to transformation. In putting financial literacy above all else, many in the personal finance […]
Finance
Bill requiring students take personal finance class at Michigan high schools clears legislature
LANSING, Mich. (FOX 2) – It won’t just be math, English, writing, and reading required to graduate from high school in Michigan. A bill headed for a likely signature from the governor will now require students to complete a personal finance course before they can graduate. Under the bill, students […]
Michigan lawmakers pass bill requiring high school personal finance class | Education
LANSING, Mich. (WJRT) – Michigan lawmakers passed a bill this week requiring high school students to complete a personal finance course before graduation. The Michigan House and Senate both passed House Bill 5190, which would mandate all students pass a half-credit financial literacy class to graduate. It would cover topics […]
Michigan will be 14th state to mandate personal finance education
Governor of Michigan Gretchen Whitmer poses at an event where General Motors announced an investment of more than $7 billion in four Michigan manufacturing sites on January 25, 2022 in Lansing, Michigan. Jeff Kowalsky | AFP | Getty Images High school students in Michigan will soon be guaranteed a personal […]
World Finance Earns 2020 Top Workplace Recognitions Across the Nation
GREENVILLE, SC / ACCESSWIRE / October 12, 2020 / World Finance, a people-focused finance company that provides personal installment loan solutions and personal tax preparation services, today announced that it has been honored as a 2020 Top Workplace in states and cities across the country, including in New Mexico, South […]
World’s largest banks in commodity trade financing creating digital finance registry in Singapore: report
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SINGAPORE – Some of the world’s biggest banks in commodity trade financing are creating a digital trade finance registry in Singapore to try and mitigate the risk of trade fraud and boost transparency after losing billions of dollars […]
Remarks by World Bank Group President David Malpass at the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action
Thank you, Kristalina. I’m very pleased to join the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action. The COVID-19 pandemic is not just impacting health, livelihoods, and economies. It has demonstrated—with deadly effect—that national borders offer little protection against some calamities. The pandemic has underscored the deep […]
Digital finance for a fairer post-pandemic world
By Maria Ramos and Achim Steiner Johannesburg/New York Today’s unprecedented Covid-19 crisis has prompted billions of people to work, socialise, and consume digitally. This shift creates a historic opportunity to unlock the potential of digitalisation to finance more inclusive, sustainable development.Digitalisation is transforming every aspect of finance. More than 1bn […]
World Bank’s ‘Mobilising Finance for Development’ not financing development
The World Bank leadership must urgently abandon its “Maximising Finance for Development” (MFD) hoax. Instead, it should resume its traditional multilateral development bank role of mobilising funds at minimal cost to finance developing countries. Funding is urgently needed for Covid-19 containment, relief and recovery efforts, to prevent recessions from becoming […]
Navigating bonus culture in the finance sector
Former and current governors of the Bank of England, Mark Carney and Andrew Bailey  When COVID-19 swept across Spain this spring, the country’s second-largest lender, Banco Bilbao Vizcaya Argentaria (BBVA), did not waste time proving its social responsibility credentials. The bank announced on March 30 that its executives would forgo […]
Yili tops Brand Finance list of world’s most valuable dairy brands
Looking beyond the food & drink sector, however, the value of the 500 most valuable brands in the world, ranked in the Brand Finance Global 500 2020 league table, could fall by an estimated $1tn as a result of the coronavirus outbreak. Brand Finance assessed the impact of COVID-19 based […]
Blockchain can shield banks from billion-dollar trade finance scandals, says exec
The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down a rabbit hole. To add to the already critical situation, recent trade finance scandals involving major players such as Hin Leong, ZenRock, Agritrade and Hontop Energy […]