Simply Finance

Every day, a team of AIs deliver simple, straightforward updates from the world of finance.

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Episodes

Wednesday Aug 07, 2024

Inbank releases unaudited financial results for Q2 and 6 months 2024, showcasing impressive growth and profitability. Apollo Commercial Finance tops Q2 earnings estimates. Plus, Bank of Japan pledges no rate hike during financial market instability. FBI searches Rep. Ogles's phone as part of campaign finance probe.Sources:https://finance.yahoo.com/news/inbank-unaudited-financial-results-q2-050000110.htmlhttps://finance.yahoo.com/news/apollo-commerical-finance-ari-tops-232505173.htmlhttps://finance.yahoo.com/news/boj-uchida-says-no-rate-020431927.htmlhttps://www.washingtonpost.com/national-security/2024/08/06/andy-ogles-fbi-phone-search-campaign-finance/Outline:(00:00:00) Introduction(00:00:42) Inbank unaudited financial results for Q2 and 6 months 2024(00:03:56) Apollo Commerical Finance (ARI) Tops Q2 Earnings Estimates(00:06:51) BOJ’s Uchida Says No Rate Hike When Financial Markets Unstable(00:08:59) FBI searches Rep. Ogles’s phone as part of campaign finance probe, lawyer says

Tuesday Aug 06, 2024

Finance guru Mark Bouris issues a dire recession warning for Australians. Jio Finance app debuts in Paris, offering seamless payments at the Eiffel Tower. Plus, the rollercoaster ride of Japanese stocks and Merchants & Marine Bancorp announces impressive second-quarter financial results.Sources:https://au.finance.yahoo.com/news/finance-gurus-dire-recession-warning-for-aussies-big-problem-063006283.htmlhttps://www.livemint.com/companies/news/jio-finance-app-debuts-in-paris-by-offering-seamless-payments-at-eiffel-tower-shares-in-green-11722923367370.htmlhttps://www.economist.com/finance-and-economics/2024/08/06/why-japanese-stocks-are-on-a-rollercoaster-ridehttps://finance.yahoo.com/news/merchants-marine-bancorp-inc-announces-003400358.htmlOutline:(00:00:00) Introduction(00:00:40) Finance guru’s dire recession warning for Aussies: ‘Big problem’(00:02:41) Jio Finance app debuts in Paris by offering seamless payments at Eiffel Tower, shares in green(00:05:05) Why Japanese stocks are on a rollercoaster ride(00:07:37) Merchants & Marine Bancorp, Inc. Announces Second Quarter Financial Results

Monday Aug 05, 2024

China asks large state financial institutions to drop auditor PwC, while EDXM names a new APAC MD. Also, major cash win for Aussies if Armaguard fails, and emergency financial plan expected for Lackawanna County.Sources:https://uk.finance.yahoo.com/news/exclusive-china-asks-large-state-073358071.htmlhttps://www.financemagnates.com/executives/edxm-names-new-apac-md-former-bitgo-digital-asset-sales-head/https://au.finance.yahoo.com/news/major-cash-win-for-aussies-if-armaguard-fails-still-strong-demand-022644402.htmlhttps://www.wnep.com/article/news/local/lackawanna-county/lackawanna-county-government-emergency-financial-plan-pfm-group-consulting/523-851ae0ca-b89e-460b-b27a-e4d4423951efOutline:(00:00:00) Introduction(00:00:40) Exclusive-China asks large state financial institutions to drop auditor PwC, say sources(00:03:18) EDXM Names New APAC MD, Former BitGo Digital Asset Sales Head(00:05:23) Major cash win for Aussies if Armaguard fails: 'Still strong demand'(00:08:27) Emergency financial plan expected this month for Lackawanna County

Sunday Aug 04, 2024

Warren Buffett's Berkshire Hathaway reports a significant increase in profit while dumping a stake in Apple. Retirees' Social Security checks lose buying power, raising concerns about financial security. India faces challenges in climate finance, highlighting the need for funding. Employers hesitate to offer financial advice, impacting employees' well-being. Simply Finance covers these stories to provide valuable insights and analysis on the market, retirement, climate change, and workplace benefits.Sources:https://finance.yahoo.com/news/warren-buffetts-berkshire-hathaway-q2-180009795.htmlhttps://finance.yahoo.com/news/retirees-social-security-checks-have-lost-significant-buying-power-since-2010-a-new-report-says-123030733.htmlhttps://www.policycircle.org/opinion/climate-finance-global-warming/https://uk.finance.yahoo.com/news/employers-cautious-offering-financial-advice-230100539.htmlOutline:(00:00:00) Introduction(00:00:46) Warren Buffett's Berkshire Hathaway Q2 Operating Profit Climbs Over 15%, Cash Hoard Swells To $277B As It Dumps Significant Stake In Apple(00:03:35) Retirees' Social Security checks have lost significant buying power since 2010, a new report says(00:06:33) Climate finance: A perfect storm of challenges for India(00:09:18) Some employers ‘cautious of offering financial advice due to reputation worries’

Saturday Aug 03, 2024

Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision. Federal financial regulatory agencies propose joint data standards. Plus, Olympic gymnast Aly Raisman's financial success and Stamford finance officials to review $460 million cost for replacing Westhill High School.Sources:https://finance.yahoo.com/news/coca-cola-pay-6-billion-001528356.htmlhttps://www.pymnts.com/bank-regulation/2024/federal-financial-regulatory-agencies-propose-joint-data-standards/https://finance.yahoo.com/video/aly-raisman-she-turned-olympic-230000738.htmlhttps://ctexaminer.com/2024/08/02/stamford-finance-officials-to-review-460-million-cost-for-replacing-westhill-high-school/Outline:(00:00:00) Introduction(00:00:43) Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision(00:03:11) Federal Financial Regulatory Agencies Propose Joint Data Standards(00:05:48) Aly Raisman: How she turned Olympic victories into financial success(00:07:38) Stamford Finance Officials to Review $460 Million Cost for Replacing Westhill High School

Friday Aug 02, 2024

Can you retire comfortably with $450K in savings? Get retirement planning tips and explore a case study. QPR Software releases its Half-Year Financial Report. Plus, finance guru Dave Ramsey gives advice on finding financial contentment.Sources:https://www.griceconnect.com/local-news/finance-qa-can-you-retire-comfortably-with-450k-in-savings-a-300-pension-and-a-40k-mortgage-at-65-9244436https://finance.yahoo.com/news/qpr-software-plc-half-financial-060000214.htmlhttps://www.dailymail.co.uk/news/article-13698589/dave-ramsey-finance-woman-reality-check-friends-lifestyles.htmlhttps://www.mhi.com/news/240802.htmlOutline:(00:00:00) Introduction(00:00:46) Finance Q&A: Can you retire comfortably with $450K in savings, a $300 pension, and a $40K mortgage at 65?(00:02:59) QPR Software Plc Half Year Financial Report January-June 2024(00:05:55) Finance guru gives woman advice after moaning about her lifestyle(00:08:40) Mitsubishi Heavy Industries, Ltd. Global Website | MHI Revises Green/Transition Finance Framework and Issues The Third Series of MHI Transition Bonds

Thursday Aug 01, 2024

A finance worker who stole from deceased bank customers is caught out by social media posts. The fund finance market is experiencing significant changes. Plus, insiders buy Time Finance stock, and Customers Bank offers flexible fund finance solutions.Sources:https://www.dailymail.co.uk/news/article-13696741/Finance-worker-stole-dead-customers-fund-lavish-lifestyle-shoes-holidays-caught-girlfriends-social-media.htmlhttps://www.privatefundscfo.com/?p=125702https://finance.yahoo.com/news/pleasing-signs-number-insiders-buy-053243083.htmlhttps://www.privatefundscfo.com/customers-bank-on-the-attractions-of-flexible-fund-finance/Outline:(00:00:00) Introduction(00:00:39) Fund finance is a market in flux(00:03:07) Pleasing Signs As A Number Of Insiders Buy Time Finance Stock(00:05:49) Customers Bank on the attractions of flexible fund finance

Wednesday Jul 31, 2024

bit.bio expands executive team with the appointment of Przemek Obloj as Chief Financial Officer. Women still shy away from portfolio roles in the finance industry. State audit reveals issues with finances and teacher pay in Bessemer City Schools. TPG RE Finance Trust reports impressive Q2 earnings. Stay informed on the latest developments in finance and investment with these diverse stories.Sources:https://finance.yahoo.com/news/bit-bio-expands-executive-team-070000581.htmlhttps://amwatch.com/AMNews/Fund_Management/article17313685.ecehttps://www.wbrc.com/2024/07/31/state-audit-bessemer-city-schools-details-issues-with-finances-teacher-pay/https://finance.yahoo.com/news/tpg-finance-trust-trtx-reports-230016009.htmlOutline:(00:00:00) Introduction(00:00:44) bit.bio Expands Executive Team with Appointment of Przemek Obloj as Chief Financial Officer(00:03:57) Women still shy away from portfolio roles in the finance industry(00:07:16) State audit of Bessemer City Schools details issues with finances, teacher pay(00:10:03) TPG RE Finance Trust (TRTX) Reports Q2 Earnings: What Key Metrics Have to Say

Tuesday Jul 30, 2024

Municipality Finance issues a EUR 50 million tap under its MTN programme. JPMorgan Chase launches the LLM Suite, leading the AI revolution in finance. Plus, Nordic finance experiences M&A and partnerships fueling bank growth. Also, Ugochukwu Nwadiani honored with the 2024 Global Recognition Award for leadership in finance and sustainability.Sources:https://finance.yahoo.com/news/municipality-finance-issues-eur-50-070000068.htmlhttps://www.forbes.com/sites/janakirammsv/2024/07/30/jpmorgan-chase-leads-ai-revolution-in-finance-with-launch-of-llm-suite/https://gfmag.com/capital-raising-corporate-finance/nordic-banks-growth-mergers-acquisitions/https://markets.businessinsider.com/news/stocks/ugochukwu-nwadiani-honored-with-2024-global-recognition-award-for-leadership-in-finance-and-sustainability-1033608305Outline:(00:00:00) Introduction(00:00:41) Municipality Finance issues a EUR 50 million tap under its MTN programme(00:03:29) JPMorgan Chase Leads AI Revolution In Finance With Launch Of LLM Suite(00:06:35) Nordic Finance: M&A And Partnerships Fuel Bank Growth(00:09:08) Ugochukwu Nwadiani Honored with 2024 Global Recognition Award for Leadership in Finance and Sustainability

Monday Jul 29, 2024

Rachel Reeves unveils a staggering £20bn 'black hole' in the public finances. Oma Savings Bank releases its Half-Year Financial Report, highlighting an exceptional second quarter. Plus, UK's finance chief accuses previous government of a multibillion-pound 'cover up'. Also, Singapore shows how the finance sector can tackle climate risk.Sources:https://uk.news.yahoo.com/rachel-reeves-expected-unveil-20bn-071603730.htmlhttps://finance.yahoo.com/news/oma-savings-bank-plc-half-053000647.htmlhttps://www.aljazeera.com/economy/2024/7/29/uks-finance-chief-accuses-previous-govt-of-multibillion-pound-cover-uphttps://www.scmp.com/opinion/letters/article/3271708/singapore-shows-how-finance-sector-can-best-tackle-climate-riskOutline:(00:00:00) Introduction(00:00:44) Rachel Reeves Expected To Unveil £20bn 'Black Hole' In Public Finances(00:02:41) Oma Savings Bank Plc’s Half-Year Financial Report January-June 2024: Behind is a very exceptional second quarter – an extensive action plan is progressing as planned(00:04:32) UK’s finance chief accuses previous gov’t of multibillion-pound ‘cover up’(00:08:06) Letter | Singapore shows how finance sector can best tackle climate risk

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