DIRS.INFO The most relevant business & tech news

☆ Elon Musk's battle with Brazil over content on X may be drawing to a close — as soon as he pays the last bill
▼ + stars: | 2024-09-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Last week, Elon Musk's X agreed to comply with orders from Brazil's Supreme Court. Reuters reported Friday that the Brazilian courts hit X with one last fine of $1.8 million. AdvertisementIt looks like Elon Musk's battle with Brazil's Supreme Court over content moderation concerns on X may finally be drawing to a close, a week after the social media platform agreed to comply with orders from Brazil's high court. AdvertisementWith the latest $1.8 million fine, de Moraes is "making a final demand on Elon Musk," Sérgio Botinha, an international business lawyer in Brazil, told Business Insider. AdvertisementGreg Barnett, an American lawyer who helps US clients solve business and legal problems in Brazil, agreed that Musk's saga of challenging de Moraes is likely over.

Persons: Elon Musk's, —, Elon, There's, Musk, Alexandre de Moraes, de Moraes, Jair Bolsonaro, Starlink, Elon Musk, Botinha, you've, he's, Greg Barnett, X, Moraes, Barnett Organizations: Brazil's, Reuters, Service, Business, Brazilian Supreme, Elon Locations: Brazil's, Brazil, American

☆ This AI-powered financial advisor has quickly gained $20 billion in assets
▼ + stars: | 2024-07-31 | by ( Hugh Son | ) www.cnbc.com time to read: +5 min

Westend61 | Getty ImagesAn automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could be for the wealth management industry. The world's largest wealth management firms have rushed to implement generative AI after the arrival of OpenAI's ChatGPT, rolling out services that augment human financial advisors with meeting assistants and chatbots. "People are fed up with cookie-cutter portfolios," Harmsen told CNBC. Global Predictions targets people with between $100,000 and $5 million in assets — in other words, people with enough money to begin worrying about diversification and portfolio management, Harmsen said. After realizing it could have a broader use, Harmsen began building a team for Global Predictions, including three former employees of Bridgewater Associates, the world's largest hedge fund.

Persons: PortfolioPilot, Alexander Harmsen, OpenAI's, Morgan Stanley, Harmsen, we'll Organizations: Global, Morado Ventures, NEA Angel Fund, CNBC, Bank of America, Bridgewater Associates Locations: San Francisco

Best Banks for Avoiding ATM Fees of 2024Axos Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase Bank: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesCompare the Top Banks for Avoiding ATM FeesThe best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. Here are the best banks for avoiding ATM fees as picked by Business Insider editors in 2024. up to $500 Pros Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits." Methodology: How Did We Choose the Best Banks for Avoiding ATM Fees?

Persons: Banks, Charles Schwab, Cash, you'll, Chase, Chase Sapphire, Schwab, you've, JP Morgan Chase, Jeffrey Epstein's, it's, You'll, Mykail James, Sophia Acevedo, Tania Brown, Roger Ma, James, Sophia, Axel Springer, Education Sophia, Evelyn, Read Organizations: Credit, Chase Bank, Best, Bank, Business, Axos, Axos Bank, Credit Union, Connexus Association, Chase, Start, JPMorgan Chase Bank, Chase Sapphire Banking, Chase Sapphire ℠ Banking, Chase Mobile, Chase Sapphire, Chase Sapphire ℠, Schwab, Charles, Charles Schwab Bank, Bank Best, East Coast, TD Bank, FDIC, NBKC Bank, U.S . Virgin, SEC, Alliant Credit Union, Ally, Bank5, Bethpage Federal Credit Union, CIT Bank, Connexus Credit Union, Discover, NBKC, Salem, Service Credit Union, SoFi, TIAA Bank, MasterCard, Finance, Savings, Education, California State University Fullerton, Angeles, Personal Finance Locations: Connexus, Minnesota , Ohio, Wisconsin, Alaska, Hawaii, Puerto Rico, United States, East, East Coast, Connecticut , Delaware, Florida , Maine , Maryland , Massachusetts, New Hampshire , New Jersey , New York, North Carolina , Pennsylvania, Rhone Island, South Carolina, Vermont, Chevron, Bethpage, NBKC Bank, U.S, California

☆ Mortgage companies could intensify the next recession, US officials warn
▼ + stars: | 2024-05-13 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Unlike traditional banks, nonbank mortgage companies like Rocket Mortgage are heavily exposed to swings in the mortgage market, depend on funding that can dry up during times of stress and don’t have stable deposits to rely on as a safety net. Despite the wonky term, nonbank mortgage companies have become vital players that make most home mortgages in the United States today. As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. “Nonbank mortgage firms are thinly capitalized, which makes them vulnerable to failure if they lose financing or mortgage defaults spike,” said McCoy, a former mortgage regulator. “Starting in early 2007, we saw a tsunami of nonbank mortgage firms fail precisely for these reasons.”

Persons: Janet Yellen, FSOC, Cooper, ” FSOC, Ginnie Mae, Bob Broeksmit, Patricia McCoy, ”, McCoy Organizations: New, New York CNN, Rocket, Mortgage, Mortgage Bankers Association, ABA, Boston College Law School, “ Locations: New York, United States

☆ Alex Murdaugh is scheduled to be sentenced today for nearly 2 dozen financial crimes
▼ + stars: | 2024-04-01 | by ( Dakin Andone | Dianne Gallagher | ) edition.cnn.com time to read: +5 min

CNN —A federal judge on Monday is scheduled to sentence Alex Murdaugh – the 55-year-old former attorney already serving two life sentences for the murders of his wife and son – for nearly two dozen financial crimes following his guilty plea last year, according to the US Department of Justice. Murdaugh denies the claim, and his attorneys asked the judge to disregard the government’s motion during sentencing Monday. In a filing last week, prosecutors recommended Murdaugh be sentenced to between 17.5 and almost 22 years in prison. While Murdaugh insists he is innocent of the murders, he has admitted to the financial crimes, saying he was maintaining a yearslong opioid addiction. In exchange for his guilty plea, federal prosecutors agreed to recommend Murdaugh’s sentence be served concurrently with the one imposed in South Carolina, court filings show.

Persons: Alex Murdaugh –, –, Murdaugh, Maggie, Paul –, “ ‘, ’ confiding, Van der Sloot, Natalee Holloway, ”, Richard M, Gergel Organizations: CNN, US Department of Justice, US, Office, District, FBI Locations: District of South Carolina, South Carolina, Murdaugh

"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.

Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, —, Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut

☆ South Carolina lawyer convicted of murder gets 27 years for financial crimes
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Alex Richard Murdaugh is seen in this police mugshot photo in Orlando, Florida, U.S., October 14, 2021. Murdaugh has appealed his murder convictions and maintains he is innocent of the killings. At his murder trial, prosecutors said Murdaugh killed his wife and son to distract from his financial crimes, through which he stole millions of dollars used to support a years-long opioids addiction and lavish lifestyle. He pleaded guilty to bank fraud and other financial felonies in a separate federal case in September. Reporting by Steve Gorman in Los Angeles; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Alex Richard Murdaugh, Richard, Alex, Murdaugh, gunning, Maggie, Paul, Steve Gorman, Sonali Paul Organizations: ORANGE COUNTY, REUTERS, Thomson Locations: Orlando , Florida, U.S, South Carolina, Charleston, Los Angeles

High-yield savings accounts have seen huge APYs in recent times, but those rates may not last forever. Earn top savings rates and manage it all with a single secure login. But when should you ease up on your savings accounts and consider investing your money instead? That can make investing much more attractive than a savings account — even in a high-yield savings account — if you have a longer time horizon. Alternatives to HYSAsYou don't have to decide between a savings account and investing in a retirement savings account — like a 401(k) or an IRA — or a taxable brokerage.

Persons: —, Banks, Laura Mattia, Steve Oniya, Oniya, Tony Corsino, Mattia, you'd Organizations: Treasury, Service, Federal Reserve, Advisors, OM Investments, Zen Financial

REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Oct 18 (Reuters) - Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, although rising loan loss provisions and deposit retention costs crimped margins. Shares of several regional banks fell, including M&T Bank and US Bancorp. Regional banks remain a focus of investor scrutiny. The KBW regional banking index (.KRX) is down nearly 24% year-to-date, while the S&P regional bank (.SPCOMBNKS) has also dropped 33% in the same period. Citizens Financial Group (CFG.N) and First Horizon Corp (FHN.N) both reported a decline in their third quarter profit weighed down by rising credit loss provisions and deposit costs.

Persons: Brendan McDermid, Chris Marinac, Janney Montgomery Scott, Marinac, Citizen Financial's, Chibuike Oguh, Michelle Price, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, U.S, T Bank, US Bancorp, T Bank Corp, Wall, Bank, Citizens Financial, Horizon Corp, Citizens, Citizen, Thomson Locations: New York, U.S, Silicon

See Insider's best bank account bonuses>>How to get a U.S. Bank Business Checking account bonusHere are the steps you need to take to qualify for a Business Checking account bonus at U.S. Bank. You can open the U.S. Bank Silver Business Checking Package, U.S. Bank Gold Business Checking Package, or U.S. Bank Platinum Business Checking Package. Enroll in U.S. Bank business online banking or the U.S. Bank Mobile AppWithin 60 days of opening your Business Checking account, you also must enroll in U.S. Bank business online banking or the U.S. Bank Mobile App. Other business checking accounts to considerIf you're not eligible for the promotional offer or want to consider other business checking accounts, check out our best free business checking accounts guide. What to know about U.S. Bank Business Checking accountsU.S. Bank has three types of small Business Checking accounts: U.S. Bank Silver Business Checking Package, U.S. Bank Gold Business Checking Package, and U.S. Bank Platinum Business Checking Package.

Persons: you've Organizations: . Bank, U.S . Bank, Bank, U.S . Bank Mobile, Axos, Mastercard, Citizens Bank, U.S, Bank Payment Solutions Merchant, Our U.S . Bank Locations: Arizona , Arkansas , California , Colorado , Idaho , Illinois , Indiana , Iowa , Kansas , Kentucky, Minnesota , Missouri, Montana , Nebraska , Nevada , New Mexico, North Carolina , North Dakota , Ohio , Oregon, South Dakota , Tennessee , Utah, Washington , Wisconsin, Wyoming, U.S, East Coast, Midwest, Our

Below, you'll find our top picks for the best banks for avoiding ATM fees. The best banks for avoiding bank ATM fees have free regional or national ATM networks, so you won't be charged for using an ATM. The Best Banks for Avoiding ATM FeesLendingClub Bank: Best online bank for avoiding domestic ATM feesConnexus Credit Union: Best credit union for avoiding domestic ATM feesChase: Best national bank for avoiding domestic ATM feesCharles Schwab: Best institution for avoiding international ATM feesTD Bank: Best regional bank for avoiding domestic ATM feesBetterment: Best online banking platform for avoiding domestic ATM feesWe've included brick-and-mortar banks, online banks, credit unions, and online banking platforms, so you can choose from a variety of options. Unlimited refunds on out-of-network ATM fees Check mark icon A check mark. You could also refer to the schedules of fees document to review ATM fees and ATM withdrawal limits."

Best interest rates for savings accountsUFB Preferred Savings 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.55% (as of 02/22/2023) Minimum Deposit Amount $0 View Full Details Learn moreUFB Preferred Savings 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.55% (as of 02/22/2023) Minimum Deposit Amount $0 View Full Details Learn more on UFB's site. Best interest rates for CDsCFG Bank CD 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.50% to 5.15% Minimum Deposit Amount $500 View Full Details Learn moreCFG Bank CD 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.50% to 5.15% Minimum Deposit Amount $500 View Full Details Learn more On CFG's website. Alliant Certificate 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.25% to 5.00% Minimum Deposit Amount $1,000 View Full Details Learn moreAlliant Certificate 4 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4 out of 5 Stars Annual Percentage Yield (APY) 4.25% to 5.00% Minimum Deposit Amount $1,000 View Full Details Learn more Alliant Credit Union, NCUA insured. Primis Premium Checking 4.5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.5 out of 5 Stars Annual Percentage Yield (APY) 4.35% Minimum Deposit Amount $1 Fees no monthly service fees View Full Details Learn morePrimis Premium Checking 4.5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.5 out of 5 Stars Annual Percentage Yield (APY) 4.35% Minimum Deposit Amount $1 Fees no monthly service fees View Full Details Learn more Primis Bank, FDIC Insured. Capital One 360 Performance Savings 4.5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.5 out of 5 Stars Annual Percentage Yield (APY) 3.40% (as of 02/02/23) Minimum Deposit Amount $0 View Full Details Learn moreCapital One 360 Performance Savings 4.5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.5 out of 5 Stars Annual Percentage Yield (APY) 3.40% (as of 02/02/23) Minimum Deposit Amount $0 View Full Details Learn more On Capital One's site.

Organizations: & $

Organizations: & $

Organizations: & $

Pros Check mark icon A check mark. Check writing included Check mark icon A check mark. Pros Check mark icon A check mark. Pros Check mark icon A check mark. High APY Check mark icon A check mark.

Organizations: & $

Pros Check mark icon A check mark. Pros Check mark icon A check mark. High interest rate Check mark icon A check mark. Pros Check mark icon A check mark. High APY Check mark icon A check mark.

Organizations: & $

Pros Check mark icon A check mark. High APY Check mark icon A check mark. No monthly service fee Check mark icon A check mark. Virtual debit card, physical debit card, and access to Apple Pay, Google Pay, Samsung Pay Check mark icon A check mark. Pros Check mark icon A check mark.

Organizations: & $

Organizations: & $

Organizations: & $

Organizations: & $

Pros Check mark icon A check mark. Check writing included Check mark icon A check mark. Virtual debit card, physical debit card, and access to Apple Pay, Google Pay, Samsung Pay Check mark icon A check mark. Check writing included Check mark icon A check mark. Pros Check mark icon A check mark.

Organizations: & $

Pros Check mark icon A check mark. Pros Check mark icon A check mark. Virtual debit card, physical debit card, and access to Apple Pay, Google Pay, Samsung Pay Check mark icon A check mark. Check writing included Check mark icon A check mark. Pros Check mark icon A check mark.

Organizations: & $

Organizations: & $

Pros Check mark icon A check mark. Competitive interest rate Check mark icon A check mark. Virtual debit card, physical debit card, and access to Apple Pay, Google Pay, Samsung Pay Check mark icon A check mark. Check writing included Check mark icon A check mark. Pros Check mark icon A check mark.

Organizations: & $

Search resuls for: "Zen Financial"

25 mentions found