Growing backlash in China against A.I. and facial recognition
A display for facial recognition and artificial intelligence is seen on monitors at Huawei’s Bantian campus on April 26, 2019 in Shenzhen, China. Kevin Frayer | Getty Images China’s seemingly unfettered push into facial recognition is getting some high-level pushback....
Stripe, the world’s most valuable private fintech company, is getting into lending
Stripe co-founders Patrick and John Collison Source: Stripe The world’s most valuable private fintech company is moving into a new area of banking: loans. Stripe, valued at $22.5 billion after its last funding round, announced the launch of a lending...
US second-quarter productivity unrevised at 2.3%
A worker inspects finished boots at the L.L. Bean manufacturing facility in Brunswick, Maine. Legislative bodies and companies are starting to recognize that workers need flexible paid leave policies to boost productivity and lower stress. Shiho Fukada | Bloomberg |...
US weekly jobless claims increase marginally
Betty Fernandez (L), from Macy’s department store, speaks with Paul Cunningham about job openings during a job fair put on by Miami-Dade County and other sponsors on April 05, 2019 in Miami, Florida. Joe Raedle | Getty Images The number...
Stocks making the biggest moves after hours: Slack, Cloudera and Palo Alto Networks
The Slack Technologies logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York, June 20, 2019. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares...
Stocks making the biggest moves midday: Box, Tyson Foods, Michaels, Navistar & more
Traders work on the floor of the New York Stock Exchange (NYSE) on August 23, 2019 in New York City. Eduardo Munoz Alvarez | Getty Images Check out the companies making headlines in midday trading: Box — Shares of Box soared...
NY Fed President John Williams says low inflation is ‘the problem of this era’
John Williams, president and chief executive officer of the Federal Reserve Bank of San Francisco, speaks at an event in Los Angeles, California on Sept. 28, 2015. Kevork Djansezian | Bloomberg | Getty Images New York Federal Reserve President John...
US trade deficit narrows less than expected to $54 billion
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S. trade deficit narrowed less than expected in July as the...
There’s little evidence that money is fleeing Hong Kong amid protests, Credit Suisse and UBS say
There’s little evidence to suggest that money is being moved out of Hong Kong amid ongoing unrest in the city that has lasted for months, according to two top executives. “I can say to you that we’re seeing very little...
Plunging bond yields have lifted these two stock sectors to record levels
Utilities workers helping restore power near Mobile, Alabama. Getty Images The real estate and utilities sectors are on track to close at record levels on Tuesday as investors search for yield in this low interest rate environment. Both sectors are...
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Trading education
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