The global financial messaging system has partnered with a fintech to build smart contracts that use blockchain technologies to automate the reconciliation process.
The U.S. dollar's pullback in recent days is prompting speculation about whether the currency may soon plateau. Still, few are ready to say the dollar's record-smashing rise is over.
The energy sector is one of the rare bright spots in the world's equity markets; an index of energy companies in the S&P 500 has rallied more than 40% so far this year.
In his Tax Tips column, Sidney Kess takes a comprehensive look at the Inflation Reduction Act of 2022—a "massive measure" intended to reduce inflation and lower the deficit.
Contrary to public pronouncements, an internal report prepared for the Russian government predicts that the country may face a longer and deeper recession as the impact of U.S. and European sanctions spreads.
