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American kids of undocumented immigrants could get $1,000 'Trump Accounts' under late changes to GOP...
The proposed legislation includes a provision that would allocate $1,000 payments to children of undocumented immigrants, highlighting a notable and unexpected financial benefit wi...
Read Full Article →Village Hotels in the red after takeover by Blackstone
In 2024, Village Hotels reported a pre-tax loss of £23.5 million, largely attributed to unusual expenses incurred following its acquisition by an American investment firm.
Read Full Article →Hallmark: Greeting cards giant halves headcount in two years
The UK division of Hallmark significantly reduced its workforce over two years to improve financial performance and move towards profitability, as indicated by recent official comp...
Read Full Article →Mounjaro and Wegovy demand helps Chemist4U sales double
The growing popularity of weight management injections contributed to a nearly twofold increase in revenue for the company operating Chemist4U, reaching a turnover of £59.5 million...
Read Full Article →Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X
The sudden removal of accounts associated with several Solana-based crypto trading platforms on X may impact user access and trading activity, potentially influencing market dynami...
Read Full Article →Dozens of memecoin-related X accounts including Pumpfun suspended for unknown reasons
The suspension of multiple memecoin-associated accounts on X, including key figures, could disrupt market activities and investor confidence within the cryptocurrency ecosystem.
Read Full Article →Group owned by Dragons’ Den star Touker Suleyman makes just £3,000 profit
The fashion company associated with Touker Suleyman reported a modest pre-tax gain of £3,000 in 2024, marking a financial turnaround following a substantial loss the previous year.
Read Full Article →Volvo issues warning despite record UK sales
Although Volvo's UK division achieved substantial revenue growth and a significant increase in profit in 2024, the company has cautioned investors about potential challenges ahead...
Read Full Article →How hackers use fake X links to steal crypto, and how to spot them
Cybercriminals exploit impersonated social media accounts to distribute deceptive links, tricking users into visiting fraudulent websites or interacting with harmful smart contract...
Read Full Article →Criminals stole £47mn in phishing attack on UK tax agency
A cybercrime incident targeting a UK tax authority resulted in the unauthorized access of numerous payroll accounts, leading to a substantial financial loss estimated at tens of mi...
Read Full Article →Binance claps back against traders using bots to cheat the Alpha Points program
Binance has implemented stricter measures to address automated trading abuses, aiming to protect the integrity and value of its reward system by penalizing accounts that exploit th...
Read Full Article →Wells Fargo just got a green light from the Fed to grow. Here’s what it means for its business and i...
With regulatory approval now secured, Wells Fargo can pursue expansion strategies that may enhance its operational capacity and influence investor confidence in its future financia...
Read Full Article →Yo! Sushi loses over £20m as costs rise
The recent financial statement indicates a significant deficit exceeding £20 million for Yo! Sushi during the period surrounding its acquisition, highlighting increased operational...
Read Full Article →Canadians still can’t access information about TFSA accounts in latest CRA website glitch
The ongoing website issue has prevented Canadians from viewing their Tax-Free Savings Account details, potentially delaying financial planning and account management for many users...
Read Full Article →Study finds 80% of crypto users quit blockchains within 90 days
The rapid decline in user retention within blockchain platforms highlights potential challenges for sustained revenue generation and investor confidence in the cryptocurrency marke...
Read Full Article →Hey DIY investors, here are three tactics to stop tinkering with your investment portfolio
Frequent changes to your investment holdings can lead to increased costs and reduced long-term returns, so implementing disciplined strategies may help preserve the overall financi...
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase may result in financial liabilities ranging from $180 million to $400 million, prompting a notable decline in the company’s stock value durin...
Read Full Article →Telegram Pulls Plug on Haowang Guarantee Crypto Crime Syndicate
The removal of numerous accounts tied to a major crypto crime group on Telegram may disrupt illicit activities temporarily, yet emerging factions could continue impacting the digit...
Read Full Article →Profit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closure
Petroineos experienced a notable decline in earnings before the shutdown of its Grangemouth refinery, reflecting challenges related to market instability, disrupted supply chains,...
Read Full Article →The O2 owner’s touring and festivals arm almost doubles sales
The UK-based live entertainment division responsible for tours and festivals reported a substantial increase in revenue and profits in 2024, nearly doubling its turnover compared t...
Read Full Article →GoDaddy recovers from huge loss as revenue jumps
GoDaddy’s European division improved its financial performance in 2024 by achieving a pre-tax profit of $4.2 million, reversing the previous year’s significant deficit of over $68...
Read Full Article →Interactive Investor creates hundreds of jobs as trading booms
Interactive Investor significantly expanded its workforce by nearly 200 employees, contributing to a rise in pre-tax profits to £89.7 million in 2024, up from £84.2 million the pre...
Read Full Article →Fidelity login glitch kept some investors out of their accounts as market rallied
The temporary access issues experienced by numerous users during a market upswing highlight potential risks for investors seeking timely portfolio management and emphasize the impo...
Read Full Article →Fidelity users report technical issues trying to check their accounts after U.S.-China trade deal se...
Following the U.S.-China trade agreement, increased market activity led to account access difficulties for many Fidelity customers, potentially impacting their ability to monitor i...
Read Full Article →Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
The proposed shift to an EVM-exclusive system is expected to streamline operations and potentially attract more developers, which could influence Sei's overall economic activity an...
Read Full Article →Stripe Unveils Stablecoin Payment Accounts, AI Features During Annual User Event
By introducing stablecoin payment options and advanced AI-driven fraud detection, Stripe aims to enhance transaction efficiency and security, potentially attracting more users and...
Read Full Article →Mowgli Street Food returns to profit as it creates over 100 jobs
Mowgli Street Food, led by Nisha Katona, has achieved a pre-tax profit of £512,178 for the year ending July 31, 2024, while generating over 100 new job opportunities.
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