Fintech start-up Stripe notches eye-popping $35 billion valuation after new funding round
Fintech company Stripe is climbing the ranks of the most valuable Silicon companies. Stripe, a San Francisco-based payments...
Leon Cooperman says the Fed made a mistake cutting rates: ‘You’re screwing the savers’
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is “screwing the savers” by...
US existing home sales rise to 17-month high in August
A “For Sale” sign is seen in front of a home on May 30, 2019 in Miami, Florida....
The CEO of Pimco, which manages $1.8 trillion, says the US economy will slow to just 1% growth
NEW YORK — The U.S. economy will have a tough time at the start of 2020, Pimco CEO...
Here’s why regulators are so worried about Facebook’s digital currency
A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra....
Disney CEO Bob Iger: I believe if Steve Jobs were still alive, we might have combined with Apple
Steve Jobs shows off the first iPhone. SHAUN CURRY | AFP | Getty Images Disney CEO Bob Iger...
Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis
Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a...
Powell says it’s possible the Fed will have to resume balance sheet growth
Federal Reserve Chairman Jerome Powell said Wednesday that the Fed may have to resume the organic growth of...
Powell says a ‘sequence’ of rate cuts could be needed if economy turns, but doesn’t see that now
Jerome Powell, chairman of the U.S. Federal Reserve, waits for the start of a House Financial Services Committee...
Europe’s banks may be at risk of failing if negative rates continue: EIU
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, an...

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