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Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind
Business

Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind

Listen to article (2 minutes) Americans’ growing paychecks surpassed inflation for the first time in two years, providing some financial relief to workers, while complicating

Factbox-Canadian companies halt ads on Facebook, Instagram after Meta blocks news access By Reuters
Finances

Hamas unable to pay salaries in Gaza after Qatari aid delay, officials say By Reuters

4/4 © Reuters. A general view of Gaza City, July 16, 2023. REUTERS/Mohammed Salem 2/4 By Nidal al-Mughrabi GAZA (Reuters) – The Gaza Strip’s Hamas

Student-Loan Borrowers Brace for a Pay Cut
Finances

Student-Loan Borrowers Brace for a Pay Cut

Listen to article (2 minutes) Tens of millions of federal student-loan borrowers will soon owe monthly payments for the first time in more than three

ICE marks highest trading volumes in Euribor derivatives for 10 years
Finances

Sigma Broking to pay monetary penalty of $125,000 for alleged ICE rule violations

ICE Futures US has published a disciplinary notice regarding Sigma Broking Ltd. On July 12, 2023, a subcommittee of the Exchange’s Business Conduct Committee (BCC)

Union fears Hollywood actors
Stock Market

Union fears Hollywood actors’ digital doubles could live on ‘for one day’s pay’ By Reuters

© Reuters. By Dawn Chmielewski (Reuters) – Like a plot from the anthology television series “Black Mirror,” the Screen Actors Guild says it is battling

Goldman Sachs to pay $15M to settle CFTC charges about violation of business conduct standards
Finances

TP ICAP E&C agrees to pay $110,000 fine for alleged ICE rule violations

TP ICAP E&C Limited has agreed to pay a fine of $110,000 to settle ICE Futures US charges. On July 12, 2023, a subcommittee of

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Business

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link

Individuals behind Bespoke Markets Group get prison terms
Finances

Merrill Lynch to pay $6M to settle SEC charges for failure to file Suspicious Activity Reports

The Securities and Exchange Commission (SEC) today announced charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated and its parent company BAC North America Holding

Unstable markets drag Canadian M&A, debt issuance to four-year low By Reuters
Stock Market

Bank of America agrees to pay $250 million over junk fees, other violations By Reuters

© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019.

Bank of America Ordered to Pay $250 Million Over Wrongful Fees
Finances

Bank of America Ordered to Pay $250 Million Over Wrongful Fees

The CFPB also said the bank withheld credit card rewards and opened accounts without consent. Source link