Forex news, Company news, Analysis

Fast-growing digital bank Revolut triples valuation to $5.5 billion

Nikolay Storonsky, chief executive of Revolut, on stage at the MoneyConf fintech event in Lisbon, Portugal. Seb Daly | Web Summit | Getty Images British financial technology start-up Revolut has ...
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The Netflix and Spotify tax: States are making streaming services more expensive

Your monthly bill for Netflix and Spotify may be going up. States are trying to capitalize on Americans' growing fervor for digital consumption of movies, TV, music and other media ...
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Buffett sees economy ‘a little softer,’ says several Berkshire businesses impacted by coronavirus

Billionaire Warren Buffett said Monday that while the U.S. economy still looks healthy, it isn't as robust as it was even half a year ago thanks to headwinds like the ...
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Coronavirus could spark a 20% tech pullback, investor Paul Meeks warns

Investor Paul Meeks is bracing for a bear market in technology. Meeks, who's known for running the world's largest tech fund during the dot-com boom, sees 20% pullback risks growing ...
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Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders

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Buffett says it’s ‘almost certain’ stocks will beat bonds over long term if rates, taxes stay low

Warren Buffett says stocks are the place to be invested in for the long haul if interest rates and corporate taxes remain near current levels. "If something close to current ...
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Fed officials downplay virus even as markets see rate cuts

When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions? Two Fed officials diverged on that issue in remarks Friday at a monetary ...
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Deere rises after tractor-maker reports better-than-expected earnings, says farming stabilizing

A Deere & Co. John Deere 9560 combine harvester unloads soft red winter (SRW) wheat during a harvest in the village of Kirkland in Dekalb, Illinois, July 9, 2018. Daniel ...
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Expectations for a rate cut will fade as coronavirus fear eases, Fed’s James Bullard says

Markets expecting an interest rate cut are reacting to the coronavirus scare and likely will reverse once the fear starts to fade, St. Louis Fed President James Bullard said Friday ...
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Fed’s Bostic says ‘we won’t have to do anything’ on rates, despite market expectations

Atlanta Federal Reserve President Raphael Bostic became the latest central banker to advocate a hold on interest rates, telling CNBC that he doesn't see a need to change given current ...
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The Federal Reserve thinks low rates have had only a ‘modest’ impact on stock market prices

The Federal Reserve's extraordinary policy moves over the last 12 years have marched arm in arm with the biggest bull market in Wall Street history. But the central bank's economists ...
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