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JD.com Joins China’s Central Bank To Advance Digital Currency
JD.com Joins China’s Central Bank To Advance Digital Currency
September 21, 2020  |  International

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the...

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Millions Of Americans Still Missing Stimulus Checks
Millions Of Americans Still Missing Stimulus Checks
September 21, 2020  |  Economy

Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). Get...

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US Household Wealth Hits Highs In Spite Of Economic Trouble
US Household Wealth Hits Highs In Spite Of Economic Trouble
September 21, 2020  |  Economy

Despite the struggling economy, U.S. household wealth hit new highs in 2020, according to a report by the Federal Reserve. Get the Full Story Complete the...

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Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

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HSBC To Staff: Stay Off Bank’s Social Media Accounts
HSBC To Staff: Stay Off Bank’s Social Media Accounts
September 21, 2020  |  Security & Fraud

The 233,000 worldwide employees of HSBC Holdings Plc were ordered on Monday (Sept. 21) to stay off the bank’s social media sites after a report...

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California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
September 21, 2020  |  Security & Fraud

California is putting all new unemployment benefits claims on hold for the next two weeks as it tries to sort out an epic backlog affecting...

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Report: Jeffrey Katzenberg’s Quibi Considers Sale, Other Options
Report: Jeffrey Katzenberg’s Quibi Considers Sale, Other Options
September 21, 2020  |  Business

Quibi, a streaming service app founded by media mogul Jeffrey Katzenberg, is considering its options, including a possible sale, according to The Wall Street Journal....

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Fed Moves To Revamp Community Reinvestment Act
Fed Moves To Revamp Community Reinvestment Act
September 21, 2020  |  Regulation

The Federal Reserve Board on Monday (Sept. 21) took the first step toward overhauling the regulations that affect banks’ lending in economically challenged areas. Get...

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Facebook Threatens EU Pullout
Facebook Threatens EU Pullout
September 21, 2020  |  Facebook

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial...

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