July 17, 2025

Insurance

Funds

‘Insufficient funds’ delay State Farm wildfire check for nearly $900K

“It’s just stunning,” McDonald told CalMatters. “I’ve been working for insurance companies for more than 20 years. I’ve never had a check bounce to a claimant in 25 years of practice.” On July 10, the check finally cleared. A bank manager reportedly told McDonald the hold was due to uncertainty over whether the funds would

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Investment

India’s health care investment moment

India’s health care sector has long been seen as a sleeping giant. Over the last decade, it has begun to stir — and now, in many ways, it is fully awake. Between 2022 and 2025, the sector attracted over $20 billion in cumulative investments across private equity, venture capital, and mergers. Hospitals, diagnostics, biotechnology, insurance,

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Banking

Developing | Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai

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Finance

Saswat Finance raises $2.6m in Pre-Series A to scale agri-fintech operations

The company has also partnered with banks and NBCFs such as RBL Bank, Shivalik Small Finance Bank, Ambit Finvest, and Western Capital in order to make agricultural loans accessible to farmers. | Photo Credit: SHIV KUMAR PUSHPAKAR Rural-focused fintech platform, Saswat Finance has raised $2.6 million in a Pre-Series A funding round led by Ankur

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Banking

The truth about these 4 common banking myths

Erin El Issa  |  NerdWallet The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Banking misconceptions abound, according to a new NerdWallet survey. The survey of more than 2,000 U.S. adults, conducted

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Investors

UnitedHealth investors brace for strategic shift after missteps

DOJ criminal probe investigates UnitedHealth Group for Medicare fraud The Wall Street Journal reported the Department of Justice is investigating UnitedHealth Group for possible Medicare fraud. UnitedHealth Group UNH.N investors, stunned by missteps at the once predictable healthcare giant, are warily expecting strategic changes in its Medicare Advantage health insurance business over the next year. On Wednesday,

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Banking

Banking regulators scrap crypto-warnings, encourage innovation

Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was

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Banking

Lisa Berger and Ilaria Rawlins Open a New Type of Bank

The founders of women-owned Fortuna Bank aim to help local business owners grow and thrive. Lisa Berger and Ilaria Rawlins had experienced plenty of success in their careers, but a novel idea to start a women-owned bank was an opportunity they couldn’t turn down. Berger and Rawlins met in 2006, when Berger—at the time a

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Crypto

Why Crypto And All Biz Must Think AI First

Shopify is a leading, Canada-based company that enables online and brick-and-mortar commerce that … More has declared AI First. (Photo by Sean Gallup/Getty Images) Getty Images Shopify’s Vision: Embracing AI as an Integral Teammate Shopify could have been a feature in my AI First, Human Always book! When I first decided to write my latest

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Crypto

Crypto trader Andre Rebelo jailed for 25 years for mother’s murder

The Supreme Court of Western Australia. During sentencing, Justice Bruno Fiannaca described Rebelo’s offending as the “ultimate betrayal” of a mother who had done everything she could for her four children. “It was the betrayal of the person who brought you into this world, her children and her grandson,” Justice Fiannaca said. “You are someone

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