Chime is now worth $14.5 billion, surging past Robinhood as the most valuable US consumer fintech
Chime CEO Chris Britt Source: Chime The fintech world has a new heavyweight. Chime, the start-up that delivers...
Bullish market activity in 2021 will cost jobs, $7 billion money manager predicts
Money manager Kevin Nicholson expects the stock market to stabilize and rise in early 2021. But the co-chief...
Climate change is fueling wildfires in the West, ravaging local economies
Bobcat fire approaches Sierra Madre and Arcadia communities in California, U.S., September 13, 2020 in this picture obtained...
Jobless claims were lower than expected but employment growth is still sluggish
First-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical...
Fed picks its side in inflation debate and sends market a message — no rate hikes for years
The Fed does not expect to see inflation pick up for years, and it is willing to keep...
All-star investor Rich Bernstein: ‘We want to be somewhat optimistic’ and play offense
Institutional Investor Hall of Famer Richard Bernstein predicts more momentum in stocks closely tied to the economy. He...
Fed leaves rates unchanged – Three experts on what that means
The Fed left rates unchanged in its last meeting before the 2020 presidential election in November. It also...
Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as...
Fed holds rates steady near zero and indicates it will stay there for years
The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised to keep rates...
Activist ValueAct played a key role in speeding up Citigroup CEO’s retirement, sources say
CEO Michael Corbat answers questions at Citi’s 2017 Investor Day. Source: Citigroup.com Three years ago, Michael Corbat strode...

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