Financial News

• How This Former White House Staffer Is Breaking The Glass Ceiling For Black Women In Politics
  
  Founded in 2019, Black Girl 44 is funded by Dyer and other Black women who served during the Obama administration. Finances should not be a reason why Black students cannot pursue internships. ...
  Forbes.  Tuesday, 11 May 2021.
• Would you benefit from a salary advance scheme or could it get you into more debt?
  
  With many people facing financial difficulties in lockdown, some could be tempted to turn providers who offer the chance to access pay early.
  Daily Mail.  Tuesday, 11 May 2021.
• Greensill: Watchdog to probe 'potentially criminal' collapse of firm
  
  The financial watchdog has begun a probe into the Liberty Steel backer which collapsed in March.
  BBC News.  Tuesday, 11 May 2021.
• CoreLogic (CLGX) Q1 Earnings Beat Estimates, Increase Y/Y
  
  Operating leverage, favourable business mix and expansion of productivity fuel drive CoreLogic's (CLGX) March-end financials.
  Zacks.  Tuesday, 11 May 2021.
• Voya Financial's (VOYA) Q1 Earnings Miss, Revenues Beat
  
  Voya Financial's (VOYA) first-quarter 2021 results reflect strong growth in Wealth Solutions and Investment Management segments, partially offset by weakness in Health Solutions segment.
  Zacks.  Tuesday, 11 May 2021.
• Revealed: The texts ex-PM Cameron sent to Sunak, Gove and top officials to lobby for Greensill
  
  David Cameron told the Treasury's top civil servant it was "bonkers" that a financial services firm he was lobbying for had been denied access to government-backed COVID loans.
  Sky News.  Tuesday, 11 May 2021.
• Albert Einstein was right - it pays to reinvest dividends
  
  The power of compound interest, especially in the world of investing. It's a financial phenomenon that Einstein had a view on. He described it as the 'eighth wonder of the world'.
  Daily Mail.  Tuesday, 11 May 2021.
• Many who chase Olympic glory face harsh financial reality
  
  Winter Olympic athletes defy gravity and impress audiences around the world, but many struggle financially on the road to the Games. But the U.S. Olympic Committee, a non-profit, reported $339 million in revenue in 2016. ...
  CBS News.  Tuesday, 11 May 2021.
• Sen. Blackburn moves to cut off funds for terrorists targeting Israel
  
  The unrest in Jerusalem has prompted Tennessee Senator Marsha Blackburn to introduce "The Hezbollah Money Laundering Prevention Act of 2021" to try and choke off the financial flow into the terrorist group
  Fox News.  Monday, 10 May 2021.
• Lex Greensill prepares for questions from MPs over lobbying scandal
  
  Lex Greensill, the billionaire founder of the now bankrupt finance firm Greensill Capital, is to be questioned by MPs later in relation to the ongoing Westminster lobbying scandal.
  Sky News.  Monday, 10 May 2021.
• Consumer watchdog agency rediscovers its teeth under Biden
  
  NEW YORK (AP) - The nation's consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being on a tight leash. ...
  Washington Times.  Monday, 10 May 2021.
• 4 Attractive Low-Debt Stock Buys
  
  A strong financial position is far more important than whether a company "beats consensus."
  Forbes.  Monday, 10 May 2021.
• Op-ed: Make financial literacy in underserved communities a national priority
  
  Household income was increasing and poverty declining before the pandemic. Now financial education is more important than ever to avoid a national crisis.
  CNBC.  Monday, 10 May 2021.
• Our America: Poverty's disproportionate impact on New York's Asian American community
  
  There is a stereotype that all Asian Americans are doing just fine financially, but they have some of the highest poverty rates in all of New York.
  ABC News.  Monday, 10 May 2021.
• Malaysia's 1MDB, former unit file suits to recover $23 bln
  
  KUALA LUMPUR (AP) - Malaysia's finance ministry said Monday that sovereign wealth fund 1MDB and a former subsidiary have filed 22 lawsuits to recover assets worth over $23 billion from various institutions and individuals. ...
  Washington Times.  Monday, 10 May 2021.

Financial Services News Headlines and News Summaries