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Audit finds financial reporting errors and inadequate management by USS North Carolina Battleship Commission

WILMINGTON, N.C. (WECT) – In its annual audit of the USS North Carolina Battleship Commission, the Office of State Auditor Dave Boliek identified more than $2 million worth of financial…

Fiscal Committee Members Want to Better Track State’s Financial Health

By GARRY RAYNO, InDepthNH.org CONCORD — Several members of the Joint Legislative Fiscal Committee want to prevent the state from running a deficit two years in a row. Friday, Senate…

FinCEN Encourages Financial Institutions to Share Information

The Financial Crimes Enforcement Network (FinCEN) issued guidance Friday (Sept. 5) that it said aims to encourage appropriate, voluntary cross-border sharing of information between and among financial institutions, including appropriate…

A Self-Made Millionaire’s ‘Financial Waterfall’ Strategy for Building Wealth

For years, Rose Han ignored her six-figure debt. She was carrying about a $5,000 balance on her credit card. The rest was student loans. “I felt a lot of shame,…

House-rich, cash-poor homeowners are tapping their record-high equity to cut their debts

After years of bruising inflation, Americans are carrying more debt than ever before. And more are using their homes to help them dig out. Cash-out refinances, which let homeowners withdraw…

‘Financial wellbeing’ app targets low-wage workers with high-interest loans | Borrowing & debt

Low-wage workers are being offered a controversial new type of high-interest loan of up to £25,000 through the “financial wellbeing” app Wagestream, a specialist lender that has signed deals with…