Your Guide to Quick Tax Refunds As tax season approaches on January 27, many taxpayers are looking for ways to expedite their refund process. To streamline receiving your tax refund and avoid the hassle of paper checks, consider filing electronically and opting for direct deposit. With this method, your tax refund is typically processed within … Read more
The world of cryptocurrency is experiencing significant upheaval. Bitcoin (BTC-USD) plunged to a disappointing $91,600 on Thursday, marking its lowest point since November. This downturn follows a remarkable surge that occurred after Donald Trump’s electoral victory in early November, when Bitcoin initially ascended past the $100,000 threshold and later peaked above $108,000. The recent decline … Read more
Shifts in Microsoft Holdings: A Closer Look Benedict Financial Advisors Inc. has trimmed its stake in Microsoft Corp. (NASDAQ: MSFT) by 4.5% as revealed in the latest 13F filing with the SEC. The firm now holds 39,756 shares after offloading 1,887 shares in the last quarter, with Microsoft constituting approximately 4.0% of its portfolio—making it … Read more
Consumer Rights Under Fire The Consumer Financial Protection Bureau (CFPB) has taken legal action against Walmart and fintech company Branch Messenger, alleging they coerced over a million delivery drivers into using costly deposit accounts for paycheck access. The lawsuit claims these companies set up accounts without the drivers’ consent, using personal information such as Social … Read more
A clash unfolded between the CEOs of Banco Sabadell and BBVA as they debated the viability of a potential merger. The CEO of Banco Sabadell dismissed the merger as nonsensical, citing the significant overlap in their exclusive SME clientele. On the other hand, the CEO of BBVA touted the merger as a strategic move that … Read more
The Spanish economy experienced a growth of 0.8% in the second quarter, slightly lower than the previous quarter, reveals recent data from the National Statistics Institute. The growth was primarily driven by domestic demand, contributing 0.7 points, with a minor contribution from external demand (including exports and imports) adding 0.1 points. Household consumption saw a … Read more
Real Betis has successfully closed a significant financing agreement with a leading financial entity, Goldman Sachs, securing an impressive sum of 125 million euros in collaboration with financial advisor Bibium Capital. This funding injection is poised to empower the club in reshaping its debt structure, enhancing liquidity, and ensuring financial stability for the forthcoming years. … Read more
The housing market is set for a period of expansion as mortgage interest rates continue to decline. According to industry experts, the decrease in rates is expected to provide a significant boost to the real estate sector. Financial analyst, Antonio Luis Gallardo, highlights the shift in market dynamics, stating, “With interest rates steadily decreasing over … Read more
A group of minority shareholders of a leading financial institution have recently come together to establish an association aimed at safeguarding their interests amid a potential takeover bid. They are pushing for a more diverse range of financial options to support economic growth and resist the formation of monopolies. The association, headquartered in the historic … Read more
Spanish Treasury has achieved success in its latest bond auction, raising 5.561 million euros across different bond maturities, all of which were sold at lower interest rates compared to previous auctions. Most notably, 2.384 million euros were allocated to seven-year bonds, with a reduced marginal yield of 2.701% from the previous 3.135%. Additionally, 1.773 million … Read more