There was “no single moment” that made her want to quit, but speaking with fintech entrepreneurs in Australia and the United States gave her a realization of how she wanted to change retail banking. “I started thinking about a bank that really focused on doing a couple of things well, that was all about everyday
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What is encouraged, however, are investments that fall along the lines of China’s “One Belt, One Road” framework. That giant foreign policy plan seeks to invest billions abroad and shore up influence by strengthening China’s infrastructure and trade links with the rest of the world. Beijing is also supporting investments in energy resources exploration, agriculture,
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Ron Paul’s sell-off prediction just got more severe. The former Republican Congressman from Texas believes escalating dysfunction in Washington will create even more pain for Wall Street. “A 50 percent pullback is conceivable,” Paul said on “Futures Now” recently. “I don’t believe it’s ten years off. I don’t even believe it’s a year off. “
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Online lending startups looking to raise money now have to answer one important question that didn’t get asked much in the past: how do avoid the fate of early pioneers like Lending Club or On Deck, which have lost nearly 80 percent of their value since going public in 2014. At least that’s what Bluevine
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Target is expanding its clothing line for kids, this time catering to those children with special needs. Stemming from the success of Target’s private label, Cat & Jack, the retailer has rolled out a sensory-friendly selection for kids with processing sensitivities. The pieces include heat-transferred labels in place of tags, flat seams, and one-dimensional graphic
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The bitcoin offshoot, bitcoin cash, soared Friday after indications the alternative digital currency could achieve its goal of speeding up transactions. Bitcoin cash rose 40 percent from Thursday’s close of $460.53 to briefly hit $655 Friday afternoon, according to CoinMarketCap. That’s the highest since bitcoin cash touched $756.93 on Aug. 2, the day after bitcoin
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While the attention is on leaked emails, that’s not to say Hollywood isn’t worried about piracy. On online forums where criminals “advertise their ill-gotten gains,” there is now entertainment content “popping up as basically sections of these websites,” Rasmussen said. Some people believe that video leaks can help gin up media and viewer attention for
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President Donald Trump‘s popularity is falling due to his controversial comments about the white supremacist rally in Charlottesville, Virginia. That will have negative implications for the administration’s agenda this year, according to a Goldman Sachs economist. The firm cited Trump’s poll approval ratings, which fell to 37 percent on average this week versus 38 percent
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Any shake-ups in the Trump White House won’t fundamentally change the story in stocks, money manager and popular blogger Josh Brown told CNBC on Friday. U.S. stocks turned higher Friday after a report by The New York Times said that President Donald Trump has removed his chief strategist, Steve Bannon. Axios first reported that Bannon
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Bitcoin has had a stellar year and one of Wall Street’s top strategists thinks it can rise 40 percent more by next year. Tom Lee, co-founder of Fundstrat Global Advisors, established a mid-2018 target of $6,000 on the cryptocurrency. Bitcoin traded at $4,284.14 on Friday, according to Coindesk. For the year, bitcoin has surged nearly
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Blackstone’s Byron Wien, who’s been working on Wall Street for more than a half-century, thinks the recent stock market weakness on diminishing prospects for President Donald Trump’s business-friendly agenda is nothing for investors to panic about. “I’m worried he won’t get a lot of his program through, but offsetting that is the economy doing better
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