May 31, 2025

business

Finance

Successful launch of Midlands SME finance collaboration at Birmingham expo

Midlands SME Finance, organised by six leading West Midlands finance providers who specialise in lending to businesses unable to secure finance from high street banks and loan companies, hosted 120 delegates at Edgbaston Stadium in Birmingham on May 20. From left, Andy Green – Frontier Development Capital, Paul Stokes – FlexABL, Steve Grice – UKSE,

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Mortgage

High mortgage rates lead to tough choices for home buyers

Mortgage rates continued to increase across the United States, with experts attributing the rise to more real estate inventory. But on Long Island, inventory remains low and continues to put buyers in a financial bind.  The average 30-year fixed mortgage rate rose to 6.86% nationally as of Thursday, mortgage giant Freddie Mac’s weekly Primary Mortgage Market Survey

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Investment

‘Investment, not tariffs,’ says Ishiba after telephone call with Trump before third round of talks

TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold “productive” discussions at an upcoming tariff talks between the two sides. “Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop all

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Finance

Aurio Expands Integrated Business Services Portfolio with New Finance Operations Segment

Cherry Hill, NJ, May 23, 2025 (GLOBE NEWSWIRE) — Aurio, an innovative business services company, has expanded its offerings with the launch of a new Finance Operations segment, delivering a full finance stack to help clients manage financial performance with a strategic focus. The segment, which debuted last month, offers a comprehensive suite of financial

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Investors

Trump hosts top crypto investors as some industry leaders fear he’s putting personal profits first

WASHINGTON — President Donald Trump rewarded top investors in one of his cryptocurrency projects with a swanky dinner on Thursday night, an event that showed the ascendance of an emerging financial industry — and also the president’s willingness to mix public office with personal profit. Some 220 of the biggest investors in the $TRUMP meme

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Loans

Californians are late paying 18% of their student loans – The Mercury News

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency

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Loans

Californians are late paying 18% of their student loans – Orange County Register

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency

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Finance

Trump’s tariffs will test unity among allies at G7 finance ministers’ summit

The Trump administration has reached an initial trade deal with one G7 member, the United Kingdom, and is engaged in talks with Japan and the European Union. But Canada still faces 25% duties on many of its exports to the United States, including autos, and the other three G7 members — France, Germany, and Italy

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Funds

EU will provide emergency funds to help keep Radio Free Europe afloat after US cuts

BRUSSELS — The European Union agreed Tuesday to provide emergency funds to help keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet, accusing it of promoting a news agenda with a liberal bias. Radio Free Europe/Radio Liberty started broadcasting during the Cold War. Its programs are aired in

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Crypto

Senate advances legislation to regulate stablecoins, a form of cryptocurrency

WASHINGTON — The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday’s 66-32 procedural vote keeps one of President Donald Trump’s top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent

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