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Below please find daily updates pertaining to the latest in financial, business, and tax news:


White House vows quick action as Harvey aid estimates soar

Mon, Oct 02, 2017

Estimates of the size of a Hurricane Harvey aid package for Texas and Louisiana rose on Thursday, with one proposal being drafted for $150 billion, while the White House promised to make a request for funding soon to Congress....

SEC breach can jeopardize trillions of dollars of wealth, cybersecurity expert warns

Thu, Sep 21, 2017

The U.S. Securities and Exchange Commission (SEC), Wall Street’s top market regulator and watchdog, said late Wednesday that one of its systems was breached last year, a situation that cybersecurity experts warns can impact "trillions of dollars."...

Coal CEO says Trump made new mine possible

Thu, Sep 21, 2017

Paringa Resources is taking the rare step of building a new coal mine in the U.S. The company's CEO says Trump pushed the project over the goal line....

Google, Facebook remain digital advertising kingpins

Thu, Sep 21, 2017

Google and Facebook’s overwhelming control of the digital advertising marketplace is expected to grow even larger in the coming years, according to a new analysis by eMarketer....

Three tips for smart dividend ETF plays

Thu, Sep 21, 2017

Pop quiz: What percentage of long-term stock market returns are thanks to the humble dividend?...

Toys R Us hiring holiday workers despite bankruptcy

Thu, Sep 21, 2017

Toys R Us on Thursday said it would hire thousands of part-time holiday workers, just days after the toy retailer filed for Chapter 11 bankruptcy....

Chubb CEO on flood insurance: The government distorts markets

Thu, Sep 21, 2017

Chubb CEO Evan Greenberg on the impact on the insurance industry of the recent hurricanes and earthquakes....

Road to electric car paradise paved with handouts

Thu, Sep 21, 2017

The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from a $6,000-a-year toll charge....

SEC reveals hack, possibility info was used for trading

Thu, Sep 21, 2017

The Securities and Exchange Commission says its corporate filing system was hacked last year and the intruders may have used the nonpublic information they obtained to profit illegally....

Wells Fargo CEO due to testify before Senate banking panel Oct. 3

Thu, Sep 21, 2017

Tim Sloan, the chief executive officer of Wells Fargo, is due to testify before the Senate Banking Committee on October 3, said sources familiar with the scheduled meeting....