Pro bono is short for the Latin phrase pro bono publico, which means “for the public good.” The term generally refers to services that are rendered by a professional for free or at a lower cost. Professionals in many fields offer pro bono services to nonprofit organizations. These organizations include hospitals, universities, national charities, churches,
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In today’s environment, financial institutions face challenges that include: ● New and more complex calculations due to regulatory demands (i.e., FRTB) and climate risk● Explosive data growth and the need to move and analyze this data● Limited on-premise compute capacity● Need to improve time to value by accelerating risk model deployment to production To help
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Gov. Phil Murphy signed New Jersey’s largest budget into law Thursday. As the nation faces an economic slowdown, Murphy addressed a joint session of New Jersey legislators and told them that the record $50.6 billion spending package, which follows strong consecutive tax seasons and includes a $7.8 billion surplus, avoided using “temporary windfalls for long-term
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Pretty soon we’ll be looking at the “Two Dollar Tree”, and the financial impact on the general population will be…  by Craig Hemke via Sprott Money News You’ve seen these places, right? They’re all over the U.S. south and other sparsely-populated spots. They’ve recently moved into urban areas, too. Everything is priced at $1.00…or at
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The Supreme Court’s ruling Thursday limiting the Environmental Protection Agency’s (EPA’s) ability to regulate carbon emissions could ultimately lead to decisions that impact the federal government’s ability to regulate everything from climate change to tech. In a 6-to-3 decision, the court ruled that the EPA overstepped its authority by passing rules to cut power plant
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Several economists took the knife to their second-quarter GDP forecasts in the wake of a disappointing consumer spending report that has added to concerns about a slowdown for the US economy. Some forecasters even think the world’s biggest economy will contract for the second consecutive quarter, passing the threshold for a technical recession. Personal consumption
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This week, Docupace’s turn-key Advisor Transitions Program hit a milestone it has been building to since its launch in 2017.  The California-based fintech focused on helping financial professionals on the move “re-paper” all client accounts at one time has successfully transitioned more than 500,000 clients for advisors going to new wealth management providers. Docupace CEO
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Facing record-high year-over-year rates of inflation, the Fed has been trying to combat it with a series of rate hikes that many Americans haven’t seen in decades. Rising mortgage rates have certainly had an impact on housing markets in the United States, with the number of home sales nationally declining by 7.4%, from 636,507 home
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Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News
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A year-long dispute over nine Puerto Rico-based investment funds that hold municipal securities has intensified over the past few weeks, raising issues of disclosure, investment fund shareholder voting, and Securities and Exchange Commission regulations. Puerto Rico-based Ocean Capital said it is trying to gain control of several tax-free Puerto Rico-based income funds through fairly electing
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The First Company to Issue Stock The Dutch East India Co. holds the distinction of being the first company to offer equity shares of its business to the public, effectively conducting the world’s first initial public offering (IPO). It also played an integral role in modern history’s first stock market crash. Often referred to by the
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