Chinese police are using a new anti-fraud app installed on more than 200m mobile phones to identify and question people who have viewed overseas financial news sites, according to individuals summoned by the authorities. The app was launched in March by the public security ministry’s National Anti-Fraud Centre and blocks suspicious phone calls and reports
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Water sustainability is a growing concern for many investors.
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
Our city has many lives. September 11, 2001, started like any other Tuesday. We had office meetings planned; they were to begin at 9:30 AM. But by 9:15, the day had switched from normal to surreal. As we watched, the endless loop of the planes crashing into the towers, and then the towers falling, began
People queue to undergo nucleic acid testing for the Covid-19 coronavirus in the city of Ruili which borders Myanmar, in China’s southwestern Yunnan province on July 5, 2021. STR | AFP | Getty Images China’s zero-Covid approach could worsen the debt situation of the country’s companies, some of which are already in financial distress, says
Job growth in Idaho and Utah is markedly exceeding pandemic-related job loss and the recovery experienced in other states, according to Fitch Ratings. Idaho was doing well enough that Gov. Brad Little, a Republican, approved income tax refunds totaling $445 million on June 30 as part of a tax relief package approved by the Legislature.
sponsored ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge
Municipals were little changed, underperforming a U.S. Treasury rate reversal from Wednesday as all eyes were on the primary with Minnesota selling $897 million of general obligation bonds to strong reception. Triple-A benchmarks were unmoved while the 10-year UST fell four basis points and the 30-year five. As such, ratios rose slightly with the 10-year
Beijing wants to break up Alipay, the 1bn plus-user superapp owned by Jack Ma’s Ant Group, and create a separate app for the company’s highly profitable loans business, in the most visible restructuring yet of the fintech giant. Chinese regulators have already ordered Ant to separate the back end of its two lending businesses, Huabei,
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters From e-commerce-driven pet healthcare, to cybersecurity, to online sports gaming, upside potential lies in many sectors of the stock market. Financial data
In this article MRNA SAM GME LULU LESL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading. Moderna — Shares of the drug maker rose more than 7% after announcing it’s developing a two-in-one vaccine
Bitcoin (BTC) is witnessing a tough tussle between the bulls and the bears near the 200-day simple moving average, which is considered as an important level by institutional investors attempting to decide whether the asset is bullish or bearish. Along with this, crypto investors are also watching the formation of a golden cross in Bitcoin.
Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem. The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts
Everything’s coming up roses for the Shubert Organization. As the Broadway landlord begins to reopen its 17 Broadway theaters for the first time in 18 months during the COVID-19 pandemic, it will also receive more than $82.3 million from a blockbuster real estate deal. Shubert recently agreed to sell two vacant lots on Eighth Avenue
GeorgePeters | Getty Images The number of borrowers in both government and private sector Covid mortgage bailout programs is falling fast, but for those still in trouble, the future is not as bleak as originally thought. Extraordinarily high levels of home equity, thanks to the recent runup in home prices, has struggling borrowers in a
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What stocks should you buy that blew up in the Archegos meltdown last week?
California Gov. Gavin Newsom announced the release of $2.75 billion to support the state’s Homekey project Thursday. The program provides money to local governments to build permanent supportive housing for unhoused people. It’s estimated the additional funding could build up to 14,000 housing units for people exiting homelessness, said Newsom, who called it the largest