Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday. People claiming to have knowledge of the matter told the Journal that Apple’s contract with the banking giant will end “in the next roughly 12-15 months,” bringing to an end a troubled tie-up …
Credit scores and credit reports are among the most widely discussed subjects in the realm of finance and banking. Whenever you use a payment app or visit a bank or fintech’s website, they suggest checking your credit score and reading your credit report carefully. So, what are these things, and are they really important? The …
The two founders and co-CEOs of Bitwise Industries turned themselves into authorities Thursday after being federally accused of conspiracy to commit wire fraud in a scheme prosecutors say took in more than $100 million from various businesses and individuals. Defendants Irma Olguin Jr. and Jake Soberal, who expanded the Fresno-based tech hub to Bakersfield before using …
Bakersfield’s elected will hear a resolution Wednesday night over whether they will choose to enforce any future COVID-19 mandates in the event of another outbreak. The resolution comes at the referral of Ward 3 Councilman Ken Weir, who said at the Sept. 13 Bakersfield City Council meeting that these mandates have come with consequence to …
Kern County will now accept bids to build a new composting facility officials say will save taxpayers millions of dollars and meet looming state deadlines to cut emissions. Chuck Magee, the Kern Public Works manager, said that after seven years, this moves the facility one step closer to being realized. “A lot has occurred over …
This month, payments on student loan debt for millions of borrowers across the country restarted after the three-year pandemic pause. California has some of the lowest tuition rates in the nation, but the state’s residents carry higher than average student debt balances, risky graduate school debt, and have a unique reliance on parent-held debt, according …
People unable to buy a place of their own, as a general rule, rent one from someone else — which may help explain why Bakersfield’s apartment market reversed direction in the third quarter, back toward extremely low vacancies. A new report by local multifamily real estate specialist Marc Thurston shows the city’s apartments are again pushing the …
In less than 20 years’ time, the San Joaquin Valley could become a patchwork of vast swaths of vacant, weed-filled lands interspersed with a few single-crop mega farms that employ only a small fraction of those who currently work in agriculture. Or, it could be thriving with robust solar operations, thousands of water recharge basins, …
Washington, DC CNN — In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy. For now, the economy’s …
Mumbai: Liquidity in the banking system has slipped into its deepest deficit in almost six months, inflating borrowing costs, as outflows due to corporate advance taxes and the Reserve Bank of India’s likely actions to stabilise the rupee have drained lenders of funds. As of September 16, the RBI infused ₹68,785.94 crore into the banking …