This Week in Finance News: 7 Stories You Need to See

A roundup of the week's most newsworthy financial industry press releases from PR Newswire

NEW YORK, Oct. 21, 2022 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

1. IBM Study: Consumers are Ready to Celebrate and Spend for the Holidays but Uncertainty Looms
   While 59% of consumers surveyed say they will be less concerned about COVID-19, two in three say they will be more concerned about the economy. 59% of respondents report worrying more about supply chain disruptions that could make holiday shopping harder or more expensive.
2. New PayPal Rewards Program Helps Consumers Save Money in Time For the Holiday Season
   PayPal consumers in the US can now earn points towards cash back through merchant offers, deals, and other discounts with the ability to redeem when checking out with PayPal.
3. Fox Corporation Forms Special Committee to Begin Exploring a Potential Combination with News Corporation
   The Special Committee has not made any determination at this time, and there can be no certainty that the Company will engage in such a transaction.
4. Three in Four Generation X Adult Children Want Their Parents to Retire in the Comfort of Their Own Home
   AAG's Adult Children Survey shows Generation X adult children are not emotionally or financially prepared to care for their parents in later years.
5. RE/MAX National Housing Report for September 2022
   Typical for this time of year, September home sales declined 9.7% from August across the report's 53 metro areas. That led to inventory climbing to two months' supply for the first time in nearly two years – an encouraging sign of a more balanced market to come.
6. Seasoned Insurance and Cannabis Industry Veterans Form Frontier Risk Group to Develop First Tech-Enabled Insurance Solution for the Cannabis Sector
   "While the Biden Administration hints at further regulatory progress, the reality is the cannabis industry is stuck in the past on several fronts, perhaps most of all in insurance when it comes to commercial issues," said Frontier Risk Founder and Chief Executive Officer James Whitcomb.
7. Forrester: Money -- Not Ethics -- Will Fuel Green Market Opportunity
   Forrester estimates that the U.S. and the EU alone are currently spending $1.4 trillion toward environmental sustainability and climate adaptation; there is $17.5 billion in VC funding for green tech; and the market for green financial instruments globally is $658 billion.

Read more of the latest finance-related releases from PR Newswire and stay caught up on the top press releases by following @PRNfinance on Twitter.

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

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• Customization: Create a customized newsfeed that will deliver relevant news right to your inbox. Customize the newsfeed by keywords, industry, subject, geography, and more.
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• Subject Matter Experts: Access ProfNet, a database of industry experts to connect with as sources or for quotes in your articles.
• Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines, for media news roundups, writing tips, upcoming events, and more.

For more than 65 years, PR Newswire has been the industry leader with the largest, most comprehensive distribution network of print, radio, magazine, television stations, financial portals and trade publications. PR Newswire has an unparalleled global reach of more than 200,000 publications and 10,000 websites and is available in more than 170 countries and 40 languages.

PR Newswire for Journalists (PRNJ) is an exclusive community that includes over 20,000 journalists, bloggers and influencers who are logging into their PRNJ accounts specifically looking for story ideas. PR Newswire thoroughly researches and vets this community to verify their identity as a member of the press, blogger or influencer. PRNJ users cover more than 200 beats and verticals.

For questions, contact the team at [email protected].

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