Category: Finance
Written by Gabriel HerveyFebruary 10, 2021
Elizabeth Warren vows to introduce wealth tax after landing spot on Finance Committee
Finance Article
After announcing that she had landed a spot on the powerful Senate Finance Committee, Sen. Elizabeth Warren, D-Mass., on Tuesday said she plans to immediately introduce legislation to impose a wealth tax on individual fortunes above $50 million with the goal of reining in soaring inequality and funding “needed investments for working families.” “I’m very pleased to
Written by Gabriel HerveyFebruary 9, 2021
Debating reform after GameStop, regulators eye POS lending, and the ‘divergent economic fortunes’ caused by vaccine delays: This Week in Finance
Finance Article
Welcome to This Week in Finance, your weekly roundup of the conversations trending among financial professionals on LinkedIn. Click Subscribe to be notified of each edition. This week: Is reform needed after GameStop? As investors and the public catch their breath and start to analyze the GameStop stock-market saga, the conversation is turning to what comes next. Ideas
Written by Gabriel HerveyFebruary 8, 2021
Is Finance Still In Crisis Mode?
Finance Article
This is the channel “Trends in Finance and Accounting” which has 87,000 subscribers! Click “Subscribe” to receive a notification and an e-mail when I publish new articles on this channel every Thursday and occasional Saturday. If you want to join me for a discussion of today’s article you can do so on Clubhouse at 14:00
Written by Gabriel HerveyFebruary 6, 2021
Italy’s Renzi May Seek New Finance Minister to Back Conte
Finance Article
(Bloomberg) — Former Italian Premier Matteo Renzi is pushing for Finance Minister Roberto Gualtieri to be replaced as part of an attempt to forge a new coalition government led by Prime Minister Giuseppe Conte, according to people familiar with the talks. Load Error Renzi brought down the Conte-led government by pulling out of the coalition
Written by Gabriel HerveyFebruary 5, 2021
Could CDFIs Be One Way To Finance Economic Justice?
Finance Article
Brighter Beginnings, a Bay Area nonprofit benefited from a loan from a low-Income designated credit … [+] union that serves working families and underserved communities CNote Profit-driven investing has often fueled extractive capitalism, damaging the environment and harming marginalized communities. Impact investing is so named because it has infused positive social and environmental impact alongside
Written by Gabriel HerveyFebruary 4, 2021
‘I am a supporter of bitcoin’
Finance Article
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Elon Musk is doubling down on his flirtation with bitcoin. Early Friday, the billionaire Tesla boss added the hashtag #bitcoin to
Written by Gabriel HerveyFebruary 3, 2021
Robinhood’s bid to ‘democratise finance’ collides with Wall St reality
Finance Article
Robinhood’s ambition to “democratise finance” is set for one of its biggest tests after a week of chaotic trading that pushed it to seek an urgent injection of $1bn and infuriated many of its most loyal clients. The tumult has exposed the competing priorities the popular trading app faces between pleasing its users and the
Written by Gabriel HerveyFebruary 3, 2021
German Lawmakers Turn Sights on Finance Ministers in Wirecard Fraud Fiasco | World News
Finance Article
By John O’Donnell and Tom Sims FRANKFURT (Reuters) – Fresh from toppling the head of Germany’s top financial regulator last week, lawmakers are turning their fire on finance minister Olaf Scholz and his deputy Joerg Kukies. As their inquiry into the collapse of Wirecard gathers pace, it has put Germany’s biggest fraud centre stage in
Written by Gabriel HerveyFebruary 3, 2021
Elizabeth Warren to join Senate Finance Committee, responsible for tax legislation
Finance Article
(Bloomberg) — Senator Elizabeth Warren will join the Senate Finance Committee, an A-list Senate panel that oversees tax, trade and health care legislation, she announced on Tuesday. My first order of business on the @SenateFinance Committee – the committee that leads tax and revenue policy in the Senate – will be to introduce legislation for
Written by Gabriel HerveyFebruary 3, 2021
Yellen and Mexican finance minister discuss digital taxation
Finance Article
Yellen and Mexican finance minister discuss digital taxation MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera on Tuesday discussed with U.S. Treasury Secretary Janet Yellen the need for an international agreement on taxing the digital economy, Mexico’s finance ministry said. ©
Written by Gabriel HerveyFebruary 3, 2021
These Are the Misconceptions Minorities Have About Personal Finance
Finance Article
TheStreet sat down with Lauren Simmons, the youngest-ever female trader on the New York Stock Exchange to discuss misconceptions about finance that minorities should avoid. “I think finance has got this facade that it’s not inclusive,” says Simmons, “and it can be and it’s a lot easier than people think it is.” Simmons, 26, who
