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Goldman Sachs’ Vice Chair Says Labor Market Even Weaker Than Figures Suggest, Predicts When the Fed Could Announce a Rate Cut
Goldman Sachs Vice Chairman Robert Kaplan believes that the US labor market is even worse than the job data shows. Kaplan, the former president of the Federal Reserve Bank of Dallas, tells CNBC in a n...
Hong Kong’s first HKD stablecoin race begins as Standard Chartered files early
Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for a license to issue a Hong Kong dollar-backed stabl...
US Bank Says New Bull Market Underway After Silent Recession Expired in April
The US economy is in “a new bull market,” according to Mike Wilson, Morgan Stanley’s chief US equity strategist. Wilson says in a new interview with Bloomberg TV that Morgan Stanley believes the...
U.S. Bank Tackles SMB Anxiety With Free Business Hub
The economic landscape for small- to medium-sized businesses (SMBs) is uncertain, marked by persistent inflation, the complexities of evolving tariffs and high interest rates. [contact-form-7] ...
Middle-Market America Sees Tariffs as the New Status Quo
Better get used to it. Maybe for a long time. [contact-form-7] As a new wave of U.S. tariffs on regions and countries, including Europe and South Korea, took effect on Thursday, business exe...
How Banks Are Making Instant Payments Interoperable
The future of instant payments in the United States hinges on a balance, as financial institutions navigate the complexities of fragmented networks by embracing dual-rail strategies. [contact-form...
Lenders Face a New Reality: Instant Payouts or Lose Customers
Speed is becoming the defining feature of lending, and borrowers are setting the pace. With inflation pinching household budgets and emergencies around every corner, consumers no longer consider insta...
Healthcare Executives See Rising Risk From Outdated Payment Systems
While many sectors have embraced the swift currents of digital innovation, a significant portion of the U.S. healthcare industry remains anchored in outdated payment practices, creating inefficiencies...
FinTech IPO Index Moves 3.1% Higher in Earnings-Fueled Rally
Earnings reports were the key determinants of the FinTech IPO Index’s fortunes this week, with the platforms sharply in focus. [contact-form-7] No matter the direction of stock prices, a f...
The Rise of Crypto Paychecks: USDC Takes the Lead
As blockchain firms and decentralized organizations reshape compensation models, more employees worldwide are receiving parts of their salaries in cryptocurrencies. According to a recent survey by...
Newswire > Tag: digital
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