Author: Fioney Staff
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S&P 500 Enjoying its Best June Since 1955
June 2019 may not have been the smoothest for the stock market but it is at least on track to end things on a high note. As CNN Business notes, the S&P 500 is likely to see its best June in more than six decades. This comes after weeks of rises and falls that hinged…
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Two Small Business Optimism Surveys Show Diverging Trends
Small business optimism is on the rise once again — or is it? As it turns out it depends on who you ask. Recently two reports that look to quantify businesses sentiment have come to diverging conclusions.
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20% of Americans Believe the Next Recession Has Already Begun
Looking to when the next recession will hit, 55% of experts said it would arrive in one to two years while 44% estimated it would take two years or more. However, although the top response among everyday Americans was “two or more years” with 26%
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Automated Finance App Tally Raises $50 Million
When Silicon Valley looks at FinTech, they still see dollar signs. At least that’s what the recent string of investments would suggest, with the automated finance app Tally being the latest recipient. As Fortune reports, the app has just closed a $50 million funding round. The Series C round was led by Andreessen Horowitz (a16z)…
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Bitcoin Price Returns to $10,000+
For the first time in more than a year, the price of a single Bitcoin is now higher than $10,000. While that’s nearly half of its all-time high, it’s more than double where it was late last year and into early this year. So could the world’s largest cryptocurrency be making a comeback? At the…
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Google My Business Announces New Features Including Welcome Offers
If you’ve ever Google’d services in your area, there’s a good chance you’ve encountered Google My Business (GMB). These listings provide users with basic information about a location, providing hours of operation, photos, and more. While some of these listings simply pull data from available sources, Google also allows businesses to claim their listings and…
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Google, PayPal Reportedly Nixed OCC Bank Charter Opportunity
It’s now been nearly a year since the Office of the Comptroller of the Currency opened up applications for their Special Purpose National Bank charters — more commonly referred to as FinTech bank charters. In that time state regulators have taken issue with the plan, with some filing lawsuits against the agency. Meanwhile few firms…
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Facebook Officially Unveils Libra Cryptocurrency Plans
After months of speculation, reports, and some incorrect guesses to what its name would be, yesterday Facebook finally announced plans for its cryptocurrency – Libra. As expected the project includes partnerships with multiple brands and companies that will accept the token. Meanwhile Facebook will launch a wallet called Calibra for users to hold the currency,…
