Business News
Goldman Sachs Profit Rises on Deal Bonanza
Wall Street Journal - 15 Oct 2021 15:48
The Wall Street bank said third-quarter profit jumped 60% to $5.38 billion as its investment bankers had their second-best quarter on record.
A New Way to Tackle This Market Moment
Wall Street Journal - 15 Oct 2021 17:00
Stocks are sky-high and bond yields are near zero. A strategy called "return stacking" can free up part of your portfolio to put to work in a quieter part of the investing world.
Shoppers start to use new £100 contactless payment limit
BBC - 15 Oct 2021 03:19
But retailers say it could take months to update terminals so people can spend up to £100 without a Pin.
Execs peeved at Goldman CEO for moving to floors with 'rank-and-file' workers
New York Post - 15 Oct 2021 01:54
Goldman Sachs CEO David Solomon’s long-delayed initiative to move senior executives at the firm’s headquarters closer to the rank-and-file has finally come to fruition — and it’s rankling higher-ups and underling...
Tether Hit With $41 Million Fine in Latest Crypto Crackdown
Wall Street Journal - 15 Oct 2021 20:31
The CFTC accused the stablecoin giant of falsely claiming that it backed each of its digital tokens with an equivalent amount of U.S. dollars. Tether said the issues have since been corrected.
Wyndham Rewards Earner® Plus Credit Card Review
Money Crashers - 15 Oct 2021 19:00
The Wyndham Rewards Earner Plus Card is great for frequent Wyndham guests who don't want to have to "hack" complex travel rewards programs to redeem points for free stays. It's also among the best travel rewards cards fo...
Comedian Sydnee Washington on the Need for Jokes Now More Than Ever
The New York Times - 15 Oct 2021 18:00
When live performance moved online, Ms. Washington started a cooking show on Instagram. Now she's back in front of audiences, who seem eager to hear jokes in person again.
Economic Report: U.S. consumer sentiment slips to near decade lows as confidence in Biden policies 'significantly' declines
Market Watch - 15 Oct 2021 16:55
The University of Michigan's gauge of consumer sentiment fell to a preliminary October reading of 71.4 from a final September reading of 72.8. Economists polled by the Wall Street Journal expected a reading of 73.
Tucker Carlson mocks Pete Buttigieg's paternity leave as 'learning how to breastfeed'
Business Insider - 15 Oct 2021 16:055 Questions to Build Your Company's Capacity for Innovation
Harvard Business Review - 15 Oct 2021 14:15
It’s a discipline that must be learned and repeated, like any other core business competency.
: Credit union CEO says smaller lenders also need to merge to prosper
Market Watch - 15 Oct 2021 14:04
Southern California's University Credit Union CEO David Tuyo steers company toward $1 billion-plus in assets under management as it continues its acquisition approach, amid pressure to consolidate in the credit union bus...
Bitcoin briefly hits $60,000 for the 1st time since April as crypto ETFs look set for watershed SEC approval
Business Insider - 15 Oct 2021 13:37The SEC is ready to allow bitcoin futures ETFs to start trading next week, report says
Business Insider - 15 Oct 2021 13:36ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development
Bitcoin.com - 15 Oct 2021 13:30
ETC Group, an ETF issuer company, released a report last month about the evolution of Bitcoin Cash in the years after the hard fork that created it. While the company acknowledged the asset price is lagging compared to i...
The Elizabeth Holmes trial: The defense gets smacked down twice in one day
Business Insider - 15 Oct 2021 12:00The science behind 7 great leadership principles
Fast Company - 15 Oct 2021 07:00
From Indra Nooyi and Ursula Burns to Larry Fink, these leaders embody successful principles, whether they are doing so consciously or not. Some people are born leaders in the sense that they instinctively know how to ral...
American Consumer Delinquencies Fall to a Record Low Amid Economic Recovery
Time - 15 Oct 2021 04:36
It's at the lowest level since the American Bankers Association started collecting data in 1993
SEC Tweets About Funds Holding Bitcoin Futures -- Expectations of Impending Bitcoin ETF Approval Soar
Bitcoin.com - 15 Oct 2021 03:00
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoi...
'Boomerang employees' who quit jobs during pandemic may soon beg for them back
New York Post - 15 Oct 2021 02:37
"We're going to see lots of [these] employees, who a year from now miss their jobs and decide their novel isn't going as well as expected," an expert claimed.
The Sausage Making: Manchin And Sinema Continue To Be Difficult In Their Own Special Ways
TPM - 15 Oct 2021 23:57
While Congress is in recess this week, we'll be watching negotiations on the infrastructure bill and presenting them to you...
A major logistics company is 'effectively sold out' of warehouse space as supply chain issues grow
Business Insider - 15 Oct 2021 23:51
Prologis said 98% of its warehouse spaces was leased as of September 30 amid soaring demand that led to "record increases" in rent prices.