Author: Fioney Staff
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Top 10 Personal Finance Articles of the Month — April 2020
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. Given the lasting impacts of the COVID-19 situation, we’ll start by looking at the realities of money in 2020. Then we’ll explore a few paths for reaching your savings goals…
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Goldman Sachs Survey Shows COVID-19’s Impact on Small Businesses
Even as some areas of United States are looking for ways to begin reopening businesses amid the coronavirus pandemic, many American small businesses are still struggling and are uncertain of what’s ahead. Now the situation has been quantified in a new survey from Goldman Sachs that highlights some of the issues that small businesses are…
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Investment App Stash Announces $112 Million Round
Late last year, the discount brokerage world saw a sea change as Charles Schwab and several other firms announced that they were dropping their trade commissions to $0. Although the move was likely aimed at FinTechs like Robinhood that had already been offering fee-free trades for years, it seems that it only widened the net…
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United States Gross Domestic Product Falls 4.8% in Q1
Ever since mandated lockdowns and shelter-in-place orders related to the COVID-19 pandemic began, it was clear that the virus would take a toll on the United States economy. Sure enough, the past few weeks have brought multiple rounds of record-breaking jobless claims that now total more than 26 million in five weeks. Now the U.S.…
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Uphold Introduces Stablecoin Center, Adds Support for Tether and More
As the concept of cryptocurrencies has crept into the mainstream, it’s come with concerns from outsiders. In addition to regulators who worry about market manipulation and money laundering, there have also been investors who fret over the severe volatility of such assets. Look no further than the famous Bitcoin run that saw prices skyrocket to…
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Paychex Partnering with Trio of FinTechs for PPP Loan Assistance
Several weeks ago, President Trump signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. This bill not only authorized direct payments to millions of American families but also included the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) intended to help small businesses and their employees. Famously, the initial $349 billion earmarked…
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SoFi Invest Expands to Hong Kong with Acquisition of 8 Securities
SoFi’s big year just got even bigger. This week the company not only announced that it would be bringing its SoFi Invest product to Hong Kong but also that it was acquiring the online brokerage firm 8 Securities in the process. The deal still needs to meet closing conditions but, once it’s complete, the current 8…
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Uber Introduces Courier Service in Select Markets, Putting Drivers to Work
Regardless of whether small businesses have been deemed “essential” or “non-essential” by their local governments, there’s no doubt that their operations have been impacted. While some essential businesses have been making adjustments and even hiring more to meet demand, those in the non-essential category have had to get creative in hopes of producing revenue and…
