The Finance 202: Tax overhaul delayed while GOP haggles over details

The Finance 202: Tax overhaul delayed while GOP haggles over details

THE TICKER House Ways and Means Committee Chairman Kevin Brady (R-Tex.). (AP /J. Scott Applewhite) Thursday is the new Wednesday. Facing a pileup of disagreements over basic elements of a tax code overhaul, House Republicans late Tuesday decided to delay the rollout of the first draft of their bill, originally set for this morning.  Now, […]

10 Most Powerful Women In Finance 2017: Leading The Tech Revolution At Old School Firms – Forbes

10 Most Powerful Women In Finance 2017: Leading The Tech Revolution At Old School Firms – Forbes

Forbes 10 Most Powerful Women In Finance 2017: Leading The Tech Revolution At Old School FirmsForbesAlthough it’s home to the vast majority of tech stocks, Nasdaq until recently has operated like a traditional financial company — making money by overseeing trade transactions on its stock and bond exchanges. But as the financial technology (or … […]

Amazon’s AWS cloud business is reshaping how the financial services industry works — Quartz

Amazon’s AWS cloud business is reshaping how the financial services industry works — Quartz

Many people believe that big technology companies will soon become major competitors to traditional banks. But Amazon has invaded their turf without offering many financial services—its mammoth cloud-computing business is instead reshaping how the financial industry works. Amazon Web Services (AWS) is the biggest provider of cloud computing, which has “massively” lowered barriers to entry […]

Best places to live in the US if you work in finance

Best places to live in the US if you work in finance

The runner-up is San Francisco.Yulia Mayorova/Shutterstock Salaries in the financial sector tend to be higher than average. In some cities, housing costs can take a large chunk of your paycheck, even if you work in finance. Adobo.com compiled a list of the best cities for finance workers based on job density and rent affordability.   […]

School mandates personal finance for graduation

School mandates personal finance for graduation

Traditionally, students must complete math, English and science credits to graduate from high school. At Oconomowoc High School in Wisconsin, seniors must now also learn about 401(k)s before they earn their caps and gowns. Starting with this year’s freshman class, personal finance will be a required course for students at Oconomowoc High School. The nine-week […]

Under Armour’s slump continues

Under Armour’s slump continues

The news in Under Armour’s (UAA) 2017 third-quarter earnings report was mostly bad. The Baltimore-based sports apparel company reported revenue of $1.41 billion, a decline of 5% vs the same quarter last year. It was its first year-over-year revenue decline as a public company. Analysts had expected revenue of $1.48 billion. Earnings per share came […]

Singapore Looks to Create Thousands of Finance, Insurance Jobs

Singapore Looks to Create Thousands of Finance, Insurance Jobs

Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. In a plan unveiled Monday, the Monetary Authority of Singapore said it aims to create 4,000 net new jobs in financial services and financial […]