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Tag: News


News, Uncategorized

Facebook shares dive 19%, shedding $120 billion in market capitalization

July 26, 2018

Via: USA TODAY

SAN FRANCISCO — Facebook shares dove 19 percent Thursday, with the social networking giant shedding about $120 billion in market value after the company warned of slowing sales growth. The decline marked Facebook’s largest stock market decline ever, eclipsing a […]


News

The U.S. Economy May Be Booming, But Americans Aren’t Saving

June 20, 2018

Via: Fortune

Despite recent job gains, rising wages and falling unemployment, almost a quarter of Americans said they still have no emergency savings, according to an annual Bankrate.com report released Wednesday. The number of Americans who said they have no money readily […]


financial technology, fintech

The Fintech Effect: An Ecommerce Merchant’s Guide for 2018

January 26, 2018

Via: Aberdeen Essentials

Like most things that arrive suddenly and unexpectedly, the wave of financial technology startups that appeared at the start of the decade was met with skepticism, apprehension — even contempt. This so-called Fintech Revolution threatened to take down the financial […]


Finance Tech, News, Trading

Global shares down as US economy takes center stage

December 6, 2017

Via: ABC News

Global stock markets mostly fell Wednesday following the latest retreat on Wall Street and as investors awaited a run of U.S. economic data culminating at the end of the week with the latest nonfarm payrolls report. KEEPING SCORE: In Europe, […]


Finance Tech, News, Trading

We talked to an economist who predicted the Great Recession about the next financial crisis

December 1, 2017

Via: Business Insider

Jim Rickards, the author of “Currency Wars,” “The Death of Money,” and “The New Case for Gold,” and most recently “The Road to Ruin,” is no stranger to financial meltdowns. As general counsel for the hedge fund Long-Term Capital Management […]


News

Meet the next Fed boss. Same as the old boss? Jerome Powell to face Senate glare

November 27, 2017

Via: Market Watch

Wall Street and Main Street will get their first big clue this week on how the next leader of the Federal Reserve plans to safeguard the U.S. economy and set the cost of borrowing for consumers and businesses. Jerome Powell, […]


Industries, Others

The Yin and Yang of Budgets: Why a Balance of Flexibility and Inflexibility is Vital to Your Business

November 10, 2017

Via: Aberdeen Essentials

When selecting a business solution, whether it’s for managing inventory, supply chains or customer relationships, you’ll hear the buzzword “flexibility” thrown around quite a bit as a main value proposition. While I absolutely agree that flexibility is key, when it […]


Industries, Manufacturing, News

Price-Fixing Inquiry Moves From BMW to Daimler and Volkswagen

October 23, 2017

Via: The New York Times

BRUSSELS — European Union investigators searched the offices of the German automakers Daimler and Volkswagen on Monday — the second such action in recent days as part of an inquiry into allegations of illegal collusion by the country’s car giants. […]


News

Thousands of people are getting refunds for a bogus supplement that claimed to treat drug addiction

October 4, 2017

Via: Business Insider

More than 5,000 Americans are about to get a check in the mail, after regulators discovered that a Florida-based supplement maker was peddling an herbal drink mix that it claimed could help treat addiction. The company, Sunrise Nutraceuticals, marketed its […]


Industries, Retail & Wholesale

Nordstrom Talks to Go Private Could Be in Trouble

October 2, 2017

Via: TheStreet

Shares of Nordstrom, Inc. (JWN – Get Report) tumbled over 5% in premarket trading Monday, Oct. 2, after insiders said talks to take the Seattle-based retailer private could be in danger of failing, according to the New York Post. The […]