Editor’s Picks

Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 

Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
June 16, 2022  |  Investments

The pandemic-driven heyday is over for no-fee online stock trading startup Robinhood, whose market value is eroding as quickly as the cash on its balance...

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Bain-Led, $350M Funding Round Signals Next-Gen Food Delivery Has Arrived
Bain-Led, $350M Funding Round Signals Next-Gen Food Delivery Has Arrived
June 15, 2022  |  Investments

As consumers increasingly expect to get their needs met on demand, food delivery is evolving beyond the aggregator. Get the Full Story Complete the form...

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Is Tether Stablecoin Due for $80B Day of Reckoning?
Is Tether Stablecoin Due for $80B Day of Reckoning?
June 15, 2022  |  Cryptocurrency

Tether’s day of reckoning could be approaching, and if the top stablecoin issuer cannot calm years-long doubts about the state of the cash reserves backing...

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PayPal Answers Apple with BNPL Expansion
PayPal Answers Apple with BNPL Expansion
June 15, 2022  |  BNPL

The buy now, pay later (BNPL) space is relatively young. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022  |  Cryptocurrency

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long...

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Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
June 15, 2022  |  Cybersecurity

First-party misuse — known as “friendly” fraud — can be difficult to detect, and reducing it is a delicate matter of telling true policy abusers...

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Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

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Shoppers Return to H&M Stores as COVID-19 Fears Subside
Shoppers Return to H&M Stores as COVID-19 Fears Subside
June 15, 2022  |  Retail

The lifting of quarantines and other pandemic-related restrictions across Europe and around the world led shoppers to return to the brick-and-mortar locations of fashion retailer...

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