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Bank of England chief slams cryptocurrencies; urges action

Bank of England Governor Mark Carney has launched a withering attack on cryptocurrencies such as bitcoin Friday and urged regulators around the world to monitor them in the same way as other financial assets.

Young people overly optimistic about finances

A new survey of young New Zealanders by the Westpac-Massey Fin-Ed Centre shows that many believe their financial situation will improve in the coming year and their money management skills require no improvement.

Music site SoundCloud to start paying artists

SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify.

Why money is an impoverished metric of generosity

Philanthropy watchers such as Forbes, Business Insider and the Chronicle of Philanthropy regularly produce rankings of the most generous philanthropists in the United States.

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