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Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

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Big US Corporations Exceed Earnings Predictions During Economic Low Point
Big US Corporations Exceed Earnings Predictions During Economic Low Point
August 02, 2020  |  Earnings

Numerous U.S. companies are defying analysts’ predictions for a slow quarter, according to Reuters. Get the Full Story Complete the form to unlock this article...

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Minneapolis Fed President Kashkari Urges 4-6 Week ‘Hard’ Shutdown
Minneapolis Fed President Kashkari Urges 4-6 Week ‘Hard’ Shutdown
August 02, 2020  |  Economy

The U.S. economy would be best served if the nation were to be locked down for up to six weeks, Minneapolis Federal Reserve Bank President...

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Microsoft Aims To Buy TikTok’s US Arm By Sept. 15 After CEO Gets Trump’s Blessing
Microsoft Aims To Buy TikTok’s US Arm By Sept. 15 After CEO Gets Trump’s Blessing
August 02, 2020  |  Acquiring

Microsoft Corp. has resumed attempts to buy the U.S. arm of  TikTok — the popular but controversial Chinese video-sharing app owned by ByteDance — by...

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SMBs Switch Banks Post-PPP Experience
SMBs Switch Banks Post-PPP Experience
August 02, 2020  |  SMBs

When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank,...

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Facebook To Debut Music Videos In The US
Facebook To Debut Music Videos In The US
July 31, 2020  |  Facebook

Facebook is enabling official music videos on its social media platform in the United States to help users unite over music. Users will have the...

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Trump Vows To Ban TikTok From America Even As Microsoft Weighs Buying Firm’s U.S. Arm
Trump Vows To Ban TikTok From America Even As Microsoft Weighs Buying Firm’s U.S. Arm
July 31, 2020  |  Partnerships / Acquisitions

President Donald Trump said late Friday (July 31) that he plans to ban Chinese-based social-video giant TikTok in the United States even as reports emerged...

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Chinese Regulators Prepare To Crack Down On Luckin Coffee
Chinese Regulators Prepare To Crack Down On Luckin Coffee
July 31, 2020  |  Security & Fraud

Regulators in China are preparing to move against once-hot Luckin Coffee Inc., which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal...

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Trio Arrested In Twitter Hack, Including 17-Year-Old Alleged Mastermind 
Trio Arrested In Twitter Hack, Including 17-Year-Old Alleged Mastermind 
July 31, 2020  |  Security & Fraud

Three arrests were made Friday (July 31) in California, including a juvenile, the alleged mastermind, for their alleged roles in the Twitter hack that took...

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