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I’m a Financial Planning Expert: Here’s Why Everyone Should Calculate Their Net Worth
Viktor Cvetkovic / Getty Images What is your net worth? In simple terms, your net worth represents your overall financial value — not just how much money you have, but how much you are worth. It provides an at-a-glance summary of where you currently stand financially. Your net worth will go up and down over…
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Years of ‘devastating’ deficits projected for Dracut
DRACUT — The Board of Selectmen heard a chilling forecast about the town’s finances as Town Manager Ann Vandal laid out what may be ahead beginning in fiscal 2025. Without a long-term solution, Dracut faces years of projected budget deficits, she told selectmen.And these continuing deficits would have “devastating” consequences for all town departments, Vandal…
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Investors Are Hungry for Risk—And Holding Record Cash Sums
Nov. 26, 2023 5:30 am ETListen(2 min)Stocks and bonds have surged in November. With record investor balances in money-market funds, some analysts are optimistic that they have more room to run.Everything from technology stocks to junk-rated company debt has been rising after an encouraging inflation report reinforced bets that the Federal Reserve can achieve a…
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Which Taunton candidates failed to report campaign finances prior to election?
TAUNTON — No fewer than 15 Taunton candidates failed to file their mandatory campaign finance report prior to the Nov. 7 election.The city’s Election Department sent letters out on Nov. 8 to the 15 candidates saying they had missed the Oct. 30 deadline and warning them that if they did not file within 10 days…
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‘Dark money’: Cyr, Fernandes back bill for town meeting campaign finance transparency
A bill recently filed by Massachusetts legislators aims to close a loophole in the commonwealth’s campaign and political finance law that lawmakers have said permits the use of so-called “dark money” to influence warrant articles going before voters at town meetings. The proposed legislation comes at a time of increased external political influence in seasonal communities…
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Durham Police blames financial pressures for Thinford hub delay
Copyright 2023 BBC. All rights reserved.
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Exclusive video: Saphyre founders outline changes in finance
‘Disruption is coming’The question Saphyre asks is “why not T-0?”This brings Stephen and Gabino on to ‘Project Zero’, the firm’s proposed solution for financial institutions. Saphyre leverages patented AI and its memory of digitised pre-trade account data, allowing clients to eliminate redundant post-trade activities and reduce trade exceptions management from hours to minutes.Gabino adds: “We’ve been…
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AFG reports rapid asset finance growth
ASX-listed aggregator Australian Finance Group (AFG) has revealed that it has seen strong growth in its asset finance operations. At its annual general meeting on Friday (24 November), the chair of the group, Greg Medcraft, flagged that asset finance settlements had “nearly doubled from the previous year” and that the group “see[s] significant growth continuing…
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China launches probe into struggling shadow bank Zhongzhi
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Islamic Development Bank Institute Delivers High-Level Islamic Finance Executive Program Sessions
The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) successfully coordinated and delivered high-level knowledge-sharing sessions under the theme ‘Islamic finance and socioeconomic development’ on 14 November 2023. The sessions were part of the 6th edition of the Saudi-Spanish Center for Islamic Economics and Finance (SCIEF) Islamic Finance Executive Program. IsDBI collaborated with King Abdulaziz University (KSA)…
