Jason Ader reveals $240,000 bankruptcy assets amid financial turmoil
business Feb 2, 2026, 7:03 PM
Jason Ader reveals $240,000 bankruptcy assets amid financial turmoil
  • Jason Ader filed for personal bankruptcy in January 2024, disclosing $240,000 in assets amid debts of $2 million.
  • He has maintained a lavish lifestyle, residing in a high-value Miami condo and has provided substantial financial support to his family.
  • Ader's filing reveals significant personal and financial disputes, highlighting the interplay between his family conflicts and business failures.
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CFOs stress non-negotiable AI adoption for business growth
business Feb 2, 2026, 1:00 AM
CFOs stress non-negotiable AI adoption for business growth
  • Tiffany Buchanan from Dataminr states that AI adoption is essential for all business functions.
  • Dan Durn from Adobe highlights the importance of increasing organizational speed through AI integration.
  • CFOs are transitioning from AI experimentation to full-scale implementation in financial operations.
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Businesses face penalties for missing IRS tax filing deadlines
business Feb 1, 2026, 12:51 PM
Businesses face penalties for missing IRS tax filing deadlines
  • The IRS deadline for filing essential tax forms passed on January 31, 2026, requiring compliance from businesses and employers.
  • Penalties for late, incorrect, or missing filings apply, starting at $60 per return and escalating for delays.
  • Businesses must adhere to IRS requirements to avoid significant penalties and maintain financial integrity.
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UOL stock hits two-decade high after securing major property contract
business Feb 1, 2026, 6:00 AM
UOL stock hits two-decade high after securing major property contract
  • The Singapore stock market has been buoyed by positive earnings expectations and a stabile domestic currency, along with robust dividends.
  • UOL Group's stock surged 8 percent after winning a significant tender for a mixed-use development site, reaching a price not seen in 20 years.
  • Overall, both large and smaller stocks showed growth in trading activity, indicating a healthy market environment.
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Trump's Fed nominee triggers gold and silver price collapse
business Jan 30, 2026, 10:25 PM
Trump's Fed nominee triggers gold and silver price collapse
  • Stock markets declined on January 30, 2026, with the S&P 500 dropping 0.4%.
  • Gold and silver prices fell dramatically following Trump's announcement of a hawkish Fed nominee.
  • The decline in precious metals suggests investor uncertainty about future economic policies.
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Wrexham AFC caught in devastating broker collapse
business Jan 30, 2026, 4:15 PM
Wrexham AFC caught in devastating broker collapse
  • Wrexham AFC placed £4.6 million with Argentex Group, which declared insolvency in July 2023.
  • The collapse was driven by unsuccessful foreign-exchange trades exacerbated by the US dollar’s depreciation in April.
  • Wrexham AFC’s financial situation will be closely scrutinized as they aim for Premier League promotion.
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Indonesia stock exchange CEO resigns after market turmoil
business Jan 30, 2026, 12:05 PM
Indonesia stock exchange CEO resigns after market turmoil
  • The Indonesia Stock Exchange saw a decline of over $80 billion in share value on January 28 and 29.
  • Iman Rachman resigned on January 30 to take responsibility but aims to restore market confidence.
  • The government has proposed key reforms to stabilize the market and regain investor trust.
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Santander suffers major customer loss in bank switch shocker
business Jan 29, 2026, 2:01 PM
Santander suffers major customer loss in bank switch shocker
  • CASS reported over a million current account switches happened last year, showing significant customer movement among banks.
  • Most customers switched accounts between September and December, with Santander losing more than 20,000 customers in a short time frame.
  • The trend indicates that banks like Nationwide and Monzo are gaining popularity while others like Santander struggle to maintain their client base.
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UK bans Coinbase ads for misleading financial implications
business Jan 29, 2026, 12:40 PM
UK bans Coinbase ads for misleading financial implications
  • 35 complaints were received by the ASA regarding Coinbase's advertisements.
  • The ASA ruled that the ads trivialized the risks of investing in cryptocurrency.
  • Coinbase disagreed with the ASA's decision, asserting the intent was to foster discussion.
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Minnesota leads the nation with the highest average credit score
business Jan 29, 2026, 12:16 PM
Minnesota leads the nation with the highest average credit score
  • WalletHub's study revealed that Minnesota has the highest average credit score in the U.S., followed by New Hampshire and Vermont.
  • Mississippi, Louisiana, and Alabama were identified as having the lowest average credit scores in the nation.
  • Understanding these credit score variations can help individuals improve their financial health and gain access to better financial opportunities.
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Post Office guarantees cash access until 2030 amid rising usage
business Jan 29, 2026, 12:12 PM
Post Office guarantees cash access until 2030 amid rising usage
  • The Post Office has signed a five-year agreement with banks to maintain cash services until 2030.
  • Recent data reveals a 4 percent increase in cash transactions across Post Office branches in 2025, with significant growth observed in December.
  • This commitment highlights the ongoing importance of cash in the UK’s economy and reassures those who rely on cash for daily transactions.
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Santander UK closes 44 branches, risking nearly 300 jobs
business Jan 29, 2026, 8:14 AM
Santander UK closes 44 branches, risking nearly 300 jobs
  • Santander UK's decision to shut 44 branches puts 291 jobs at risk.
  • The bank's closures are attributed to the significant shift of customers toward digital banking services.
  • This move reflects a broader trend in the banking industry, indicating an ongoing transition from physical locations to digital banking.
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Nationwide Building Society leads current account switches in 2025
business Jan 29, 2026, 1:01 AM
Nationwide Building Society leads current account switches in 2025
  • The current account switch volume in the UK exceeded one million for the third consecutive year.
  • Nationwide Building Society attracted over 41,450 new customers from July to September 2025.
  • This competitive activity highlights a healthy banking market where consumers are encouraged to seek better deals.
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RAC aims for £5 billion stock market listing with Goldman Sachs at the helm
business Jan 28, 2026, 2:47 PM
RAC aims for £5 billion stock market listing with Goldman Sachs at the helm
  • The RAC has chosen investment banks including Goldman Sachs to lead their stock market flotation.
  • The company, owned by major investment firms, boasts around 15 million members and is a well-known brand in the UK.
  • The flotation plan could significantly impact the landscape of breakdown recovery services in the UK market.
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Alternative lenders outpace traditional banks in SME funding
business Jan 28, 2026, 11:13 AM
Alternative lenders outpace traditional banks in SME funding
  • Traditional banks have struggled to keep pace with the needs of SMEs, often leading to missed opportunities and blanket exclusions.
  • Alternative lenders have emerged as a significant funding source, now providing more loans than traditional banks.
  • This shift in funding dynamics highlights the need for a more flexible and responsive lending landscape for SMEs.
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Millionaire couple files lawsuit over water damage caused by neighbour
business Jan 28, 2026, 10:29 AM
Millionaire couple files lawsuit over water damage caused by neighbour
  • Samuel Wagner and Jennifer Wagner have filed a lawsuit against their neighbour Leda Sara due to persistent leaks and related issues.
  • The couple alleges they were forced to move out of their home multiple times, incurring significant repair costs and losing money on a failed sale.
  • The case raises questions about accountability for damages caused by independent contractors in residential properties.
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business Jan 27, 2026, 10:08 PM
Martin Lewis reveals job title change can lower car insurance prices
  • During the live show on January 27, 2026, Martin Lewis discussed the influence of job titles on car insurance costs.
  • He highlighted that some job titles, such as 'beautician,' may incur higher insurance premiums than alternatives like 'beauty technician.'
  • Lewis concluded that while changing job titles can save money, it must be done legitimately to avoid fraud.
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Jersey businesses face new threat from scam emails
business Jan 27, 2026, 5:43 PM
Jersey businesses face new threat from scam emails
  • Jersey businesses have been targeted by scam emails falsely claiming to be from the Jersey Financial Services Commission.
  • The JFSC has issued warnings, advising recipients to ignore suspicious emails and validate any uncertain communications.
  • Awareness of such scams is crucial for protecting businesses and ensuring the safety of financial communications.
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Tether reveals massive $187 billion market cap amid stablecoin surge
business Jan 27, 2026, 1:00 AM
Tether reveals massive $187 billion market cap amid stablecoin surge
  • Tether has established itself as a leading player in the stablecoin market, boasting a market cap of $187 billion and significant trading volumes.
  • The GENIUS Act has clarified regulations surrounding stablecoins, facilitating their integration into mainstream finance.
  • With substantial profits and diverse investments, Tether is poised to play a critical role in the future of digital finance and related industries.
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Gold prices soar beyond $5,100 amid market crisis
business Jan 26, 2026, 4:14 PM
Gold prices soar beyond $5,100 amid market crisis
  • Gold prices surpassed $5,100 per troy ounce as investors flee to safe assets amidst market instability.
  • This surge is attributed to the weakening US dollar and geopolitical tensions, including US policy shifts.
  • Analysts predict further increases in gold prices as global uncertainties persist, with projections reaching up to $6,000.
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Mike Rowe emphasizes that AI will hit white-collar jobs hardest as blue-collar roles grow
business Jan 24, 2026, 8:00 AM
Mike Rowe emphasizes that AI will hit white-collar jobs hardest as blue-collar roles grow
  • Mike Rowe warns that AI primarily impacts white-collar jobs while blue-collar skilled trades are experiencing a labor shortage.
  • The automotive and electrical industries urgently need hundreds of thousands of skilled workers, contrasting with the job insecurity faced by many white-collar professionals.
  • This emerging trend suggests a shift in the perception of vocational training and the demand for skilled labor in the face of technological advancements.
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Intel's grim outlook dampens market sentiment
business Jan 24, 2026, 7:37 AM
Intel's grim outlook dampens market sentiment
  • The Dow Jones fell by 285.30 points following a negative earnings forecast by Intel.
  • Investor confidence remains amidst geopolitical tensions despite slight declines in major indices.
  • Market volatility is anticipated to continue in 2026, particularly with significant events on the horizon.
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Citigroup announces more layoffs amid restructuring efforts
business Jan 23, 2026, 9:15 PM
Citigroup announces more layoffs amid restructuring efforts
  • Citigroup plans more layoffs in March 2026 after about 1,000 cuts in January.
  • The CEO's turnaround strategy involves boosting profits and resolving regulatory issues.
  • Upcoming layoffs mainly affect senior positions as part of a broader restructuring effort.
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UOB and OCBC bank shares soar to record highs amid market shifts
business Jan 23, 2026, 3:46 PM
UOB and OCBC bank shares soar to record highs amid market shifts
  • On January 23, 2026, UOB and OCBC bank shares surged to all-time highs amidst favorable market conditions.
  • The Straits Times Index also experienced a rise, closing at 4,891.45 as financial stocks gained traction.
  • Analysts anticipate that the positive trend will continue as banks prepare to release their earnings in February.
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Lloyds faces profit slump due to motor finance compensation woes
business Jan 23, 2026, 3:46 PM
Lloyds faces profit slump due to motor finance compensation woes
  • Lloyds Banking Group is expected to report a 7% increase in annual pre-tax profits despite previous setbacks.
  • The bank faced heavy losses, including a £800 million charge for motor finance mis-selling, which brought total compensation costs to £1.95 billion.
  • Analysts suggest that, with challenges ahead for the economy, Lloyds' strong underlying performance remains promising for future growth.
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3.3 million taxpayers face £100 fine for missing deadline
business Jan 23, 2026, 1:39 PM
3.3 million taxpayers face £100 fine for missing deadline
  • HM Revenue and Customs reports that over three million taxpayers have yet to file their returns ahead of the January 31 deadline.
  • Filing early can help prevent stress and financial penalties, as well as offer time to arrange for any payments due.
  • Taxpayers should be wary of scams and may want to seek payment plans if they anticipate issues paying their tax bills.
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Magecart attacks compromise major payment networks and steal card data
business Jan 22, 2026, 2:00 PM
Magecart attacks compromise major payment networks and steal card data
  • Web skimming is a technique where malicious code is added to checkout pages to steal payment information.
  • Major payment networks such as American Express and Mastercard are targeted by these ongoing Magecart attacks.
  • The stealthiness of these attacks emphasizes the need for consumers and merchants to enhance their online security measures.
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Barclays shifts European base from Dublin to Paris for strategic growth
business Jan 21, 2026, 4:57 PM
Barclays shifts European base from Dublin to Paris for strategic growth
  • Barclays announced plans to move its European headquarters from Dublin to Paris in early 2023.
  • The relocation aims to enhance proximity to growing European markets and is expected to complete by 2027.
  • The decision is seen as a strategic milestone that will strengthen the bank's investment banking activities.
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Salary Finance secures £460 million to help tackle UK financial concerns
business Jan 21, 2026, 2:20 PM
Salary Finance secures £460 million to help tackle UK financial concerns
  • Salary Finance, a London-based fintech, has secured an expanded £460 million credit facility from JP Morgan and Blue Owl Capital.
  • The company aims to help employees manage their financial health amidst the ongoing cost of living crisis affecting many households.
  • This funding enables Salary Finance to provide responsible credit options and integrate financial education, highlighting the need for government support in welfare advice services.
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Bridgepoint acquires stake in infrastructure finance firm Exile Group
business Jan 21, 2026, 12:31 PM
Bridgepoint acquires stake in infrastructure finance firm Exile Group
  • Bridgepoint Growth has acquired a minority stake in Exile Group, a data and intelligence provider in the infrastructure finance sector.
  • Exile Group was founded in 2013 and serves major global banks, export credit agencies, and law firms with proprietary data and insights.
  • This investment comes amid rising global infrastructure spending, which is expected to surpass $7 trillion annually.
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Singapore stocks decline as regional markets take a hit
business Jan 20, 2026, 7:50 PM
Singapore stocks decline as regional markets take a hit
  • Singapore's Straits Times Index fell 0.1%, marking a second consecutive day of declines.
  • Regional markets also saw negative performance, with declines across key indexes in Hong Kong, South Korea, and Malaysia.
  • The situation reflects broader uncertainties in the market, urging caution among investors.
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Millions overpay tax because of incorrect tax codes
business Jan 20, 2026, 8:42 AM
Millions overpay tax because of incorrect tax codes
  • A substantial number of taxpayers in the UK faced incorrect deductions due to wrong tax codes in 2023-2024.
  • 31% of UK adults have experienced being on the wrong tax code, with an average overpayment of £689.
  • It is essential for individuals to understand and verify their tax codes to avoid overpayment.
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