Reading time: 2 minutes Attendees of the inaugural Innovations in Financial Intermediation Symposium The Shidler College of Business at the University of Hawaiʻi at Mānoa hosted its inaugural Innovations in Financial Intermediation Symposium (IFIS), marking a significant milestone for the college. The conference in June 2024 focused on financial intermediation, particularly the growing field of
TAMPA, Fla. — Enterprising Latinas is making access to capital easier for Latinas looking to venture into the business world. It is thanks to funding from the National Association for Latino Community Asset Builders and is helping residents like Alejandra Pacheco. For her, creating a charcuterie food board is a labor of love. “I had a
The average rate for a 30-year fixed mortgage fell to 6.47% this week, its lowest level since May 2023, as investors’ bleaker outlook on the economy helped push down rates. The average fell just more than a quarter of a percentage point, a significant drop in a single week, from 6.73% last week, according to mortgage
NEW YORK — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country’s “ tuna bond ” scandal and swept into a U.S. court. A federal jury in New York delivered the verdict. Chang was accused of accepting payoffs to put his African nation
ATLANTA — The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company’s bid to build up key parts of the solar supply chain inside the United States. The loan from the U.S. Energy Department, announced Thursday, will be key to funding a
It’s been a rough few days on Wall Street. Stocks tumbled to start the week after a disappointing July jobs report on Friday sparked fears of an incoming recession, a concern that worsened over the weekend amid a global market sell-off. Japan stocks are in a confirmed bear market, with the Nikkei plunging 12.4% and
By Beto Yarce Updated: 49 minutes ago Published: 49 minutes ago (iStock/Getty Images) President Biden’s strategy to build the American economy from the middle out and bottom up has already garnered extraordinary results. This includes an unprecedented number of applications to start businesses than our nation has ever experienced: more small business applications have been
Former President Donald Trump has laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term By KIMBERLEE KRUESI Associated Press July 27, 2024, 5:51 PM ET • 3 min read NASHVILLE, Tenn. — Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a
Finance ministers from leading rich and developing nations have agreed to strive toward effectively taxing the super-rich By ELÉONORE HUGHES Associated Press July 26, 2024, 5:55 PM ET • 3 min read RIO DE JANEIRO — Finance ministers from leading rich and developing nations agreed Friday to strive toward effectively taxing the super-rich, a joint
Elon Musk at the Milken Institute’s Global Conference at the Beverly Hilton Hotel on May 6, 2024 in Beverly Hills, California.Photo: Apu Gomes (Getty Images) After announcing that supercluster training has started at his “gigafactory of compute,” Elon Musk is asking if his artificial intelligence startup should get an investment from one of this other