LINCOLN — Backers of a novel state “consumption” tax predicted Monday that a ballot initiative to adopt it would pass if it gathers enough signatures to qualify for the 2024 ballot. But getting it on the ballot is the big “if” faced by the so-called EPIC Option Consumption Tax initiative. Such signature drives typically require…

SmithCo Mfg. Inc., a La Mars, Iowa, industry leader in side dump trailer design and manufacturing, has arranged for Amur Equipment Finance to provide a custom lease-to-own (LTO) financing program for qualified SmithCo side dump trailer customers.  Amur’s commercial vehicle LTO option offers no money down with monthly payments and a defined buyout at the…

Short of a surprise Treasury health spending spree in this week’s Autumn Statement, the NHS currently faces a £2.4 billion hole in its budget by the end of the financial year in March. This is equivalent to 1.4% of its budget at a time when ministers have been keen to see NHS spending fall, rather…

  <!–> –> <!–> –> BNPL profits have increased chiefly because existing users rely heavily on this debt product, a Morning Consult survey said.  (iStock) Shoppers are using buy now, pay later (BNPL) to borrow and spend a lot; they’re also having difficulty keeping up with debt payments, according to a recent Morning Consult survey.…

Wake Forest University has named Brandon Gilliland senior vice president for finance and administration, effective January 1. Gilliland returns to Wake Forest after serving for the past six years as vice president and chief financial officer at the University of Miami. He previously served at Wake Forest from 2007 to 2017, rising to the position…

India’s benchmark stock indices closed lower for the second day in a row on Monday after swinging between gains and losses, led by decline in Bajaj Finance Ltd., Mahindra & Mahindra Ltd., and Larsen & Toubro Ltd.The S&P BSE Sensex closed 140 points down, or 0.21%, at 65,655.15, while the NSE Nifty 50 ended 38…

BEIJING, Nov 20 (Reuters) – China’s Central Financial Commission (CFC), with Premier Li Qiang in place as its head, urged stronger supervision of risks in the multi-trillion dollar financial sector as China steps up the pace towards becoming a “major financial power”.In a meeting presided by Li, the CFC called for greater focus on developing…

The Consumer Bankers Association has launched a four-part blog series “Facts Matter” to counter what it calls “misinformation conveyed by the CFPB” in its press release about the CFPB’s October 2023 report (Report) under the Credit Card Accountability Responsibility and Disclosure Act (CARD Act).  The CARD Act requires the CFPB to issue a biennial report…