#reserves

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www.nytimes.com
4 months ago
California

Newsom Seeks to Close $37.9 Billion Deficit by Cutting Spending and Using Reserves

Gov. Gavin Newsom announced a $37.9 billion budget deficit in California and asked lawmakers to address it by cutting spending and using reserves.
The deficit is lower than projected, and Newsom plans to cover nearly half of it with reserves and delay spending commitments into the next fiscal year. [ more ]
Coindesk
5 months ago
Cryptocurrency

Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant

Bitcoin is flowing from Binance to Coinbase, with Coinbase's reserves increasing and Binance's decreasing.
The decrease in Bitcoin reserves on Binance is attributed to retail outflows and nervousness about recent legal issues.
Analysts believe that Binance's settlement with the U.S. Department of Justice increases the likelihood of a spot Bitcoin ETF approval. [ more ]
www.theguardian.com
8 months ago
Business intelligence

The lifeblood of SMEs: five steps to improve cashflow

Many small businesses are actively looking for ways to improve their cashflow management.
Understanding finances and cashflow modeling are crucial for effective cashflow management.
Building up reserves is essential to navigate through unforeseen economic fluctuations. [ more ]
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