June 22, 2025

money

Investors

Investors react to US attack on Iran nuclear sites

Saeed Azhar and Suzanne McGee  |  Reuters President Donald Trump on Saturday said that a “very successful attack” on three nuclear sites in Iran had been carried out. In a posting on Truth Social, Trump added, “All planes are safely on their way home” and he ended his posting saying, “Now is the time for

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Loans

PCC: Federal loans no longer offered starting in fall | Local News

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Loans

Morrison man sentenced to federal prison for fake PPP loans

A Morrison man was sentenced to nearly four years in prison after he illegally obtained two Paycheck Protection Program loans during the COVID-19 pandemic, federal officials announced Tuesday. Richard Nieto, 39, took a deal and pleaded guilty last month to wire fraud and money laundering in federal court, according to court records. The plea deal

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Funds

Corporate bond funds lure most inflows in over 2 years – Money News

By Christina Titus Inflows into corporate bond funds in May were the highest in the past 26 months. Mutual funds under the corporate bond category witnessed a record inflow of Rs 11,983 crore, the most since the March 2023 figure of Rs 15,626 crore, Amfi data show. Year-to-date as on May 2025, these funds registered

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Finance

How Bank-Sponsored Boats Shape SailGP

The overall winner of Sail GP NYC ’25 was team Spain, sponsored by the Spanish bank Santander. Their … More driver, Diego Botín, is a direct descendant of the bank’s founder. Getty Images New York City’s waterfront isn’t just a postcard-perfect backdrop for foiling catamarans. It is also a growing arena for business. SailGP returned

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Banking

Banking group urges customers with £10,000 in savings to move their money NOW

By JORDANA SEAL Updated: 06:35 EDT, 7 June 2025 Customers with £10,000 in savings are being urged to move their money or risk missing out on earning hundreds of pounds a year.  In the UK 8.3 million current accounts hold £10,000 or more but 80 per cent of these accounts pay no interest – meaning their

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Mortgage

Relaxed mortgage rules will boost first-time buyers but send house prices up, says report

Easing stringent mortgage stress testing rules could cause house prices and first-time buyer numbers to rise, according to research.  More relaxed mortgage stress tests could see the number of first-time buyers purchasing a home rise by 24 per cent, or more than 80,000, over the next five years, Savills claims. Its analysis suggests more relaxed

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Funds

NEA cut funds to focus on ‘AI competency.’ This SMU AI project lost funds anyway

On May 2, Jennifer Benoit-Bryan opened a distressing email. “The National Endowment for the Arts will no longer offer award funding for the project … ” Benoit-Bryan, director at Southern Methodist University DataArts, said the research center for the arts will now need to put the AI project on hold indefinitely. The project focuses on

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Finance

Martin Lewis update on car finance scandal | Personal Finance | Finance

The Martin Lewis Money Show Live made a comeback on Tuesday, with the money expert giving an update for those eagerly awaiting news on potential compensation payouts of up to £1,100 linked to undisclosed Discretionary Commission Arrangements (DCAs). The financial guru updated viewers on the current situation regarding the appeal that was heard by the

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Mortgage

Rising Mortgage Rates Aren’t Turning Away These Homebuyers

Homebuyers in today’s market are facing a tough question: buy a house now, or wait until mortgage rates and prices maybe come down? If you buy now, you can start putting money into owning what, for most people, is their biggest asset, but you could be stuck paying a high monthly mortgage rate. On the

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