Report: Taxpayers Face $400B Hit On Bad Student Loans
Report: Taxpayers Face $400B Hit On Bad Student Loans
November 22, 2020  |  Economy

U.S. taxpayers stand to absorb a hit of about $435 billion from borrowers’ failure to repay student loans currently on the federal government’s book, the...

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Vaccine May Spark Inflation Jump As Consumers Spend More
Vaccine May Spark Inflation Jump As Consumers Spend More
November 22, 2020  |  Economy

Consumers freed by a COVID-19 vaccine from the last eight months of disease-related restrictions could unleash enough spending on services such as travel and dining...

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Bain Capital Nets $800M For Business Impact Funding
Bain Capital Nets $800M For Business Impact Funding
November 22, 2020  |  Investments

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or...

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Danske Bank Debuts Payment Automation For Corporate Cards
Danske Bank Debuts Payment Automation For Corporate Cards
November 22, 2020  |  B2B Payments

Danske Bank, the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards,...

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How Retailers Are Talking Turkey This Thanksgiving
How Retailers Are Talking Turkey This Thanksgiving
November 21, 2020  |  Retail

Perhaps against all odds, Thanksgiving is happening in 2020. On Thursday morning, millions will rise early to make the coffee, slide the turkey into the...

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Big Bank Bids Likely Headed For Capitol Hill Hearings
Big Bank Bids Likely Headed For Capitol Hill Hearings
November 20, 2020  |  Regulation

Tech mergers have been in the crosshairs for lawmaker scrutiny – particularly over antitrust concerns. Now, it may be the banks’ turn. Earlier this week,...

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Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform
Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform
November 20, 2020  |  Investments

Investors just delivered another $90 million into the coffers of Loadsmart, a digital freight startup, the company announced Friday (Nov. 20). BlackRock led the Series...

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Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal
Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal
November 20, 2020  |  Investments

African FinTech Chipper Cash has landed a whale of an investor. Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold...

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EU Digital Services Act Discussion Could Be Start Of Seismic Policy Change
EU Digital Services Act Discussion Could Be Start Of Seismic Policy Change
November 20, 2020  |  Regulation

For Big Tech, there’s just a hint of a bit of a reprieve in Europe. News came this week that a (virtual) meeting between regulators...

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