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For all of the excitement centered around fintech over the past half-decade, most venture-backed fintech companies struggle to acclimate to public markets. LendingClub and OnDeck have plummeted since their late 2014 IPOs after several years of darling status in the private markets. GreenSky, which went public in May of this…
Video Corey Lewandowski on developments in the Cohen investigation President Trump’s former attorney Michael Cohen pleads guilty to campaign finance violation as the Trump Organization CFO and National Enquirer boss land immunity deals; reaction from Corey Lewandowski, former Trump campaign manager and senior strategist for the Great America Committee. President…
The 50th anniversary tournament will introduce a serve clock and expand Hawk-Eye to every court but the most eye-catching addition is the 14,061-seat stadium, which now has a retractable roof The US Open is serving up a number of changes as it celebrates its 50th birthday, including the introduction of…
“That’s especially true in light of the sophisticated way criminals exploit banks’ security systems – and convince customers that their money is at risk,” said Caroline Wayman, chief ombudsman and chief executive of the Financial Ombudsman Service. She said when a customer had fallen for a fraud or a scam,…
CARACAS, Venezuela – Venezuelan President Nicolas Maduro raised wages for the fifth time this year and said he wanted to peg prices to the nation’s fledgling cryptocurrency as part of a package of measures that economists say is likely to accelerate hyperinflation. Maduro made the announcement in a televised address…
Phoenix (CNN)Tallahassee Mayor Andrew Gillum will win the Democratic nomination for governor of Florida, CNN projects, scoring a major victory for the party’s progressive wing while taking another step toward becoming the state’s first black chief executive. Gillum’s victory, though, came as a stunner in a wide-open contest.Democrats in the…
Consumer debt, credit card debt, and personal loan debt are at all-time highs. Meanwhile, investors who purchase debt for cents on the dollar and then try to collect the whole amount, and the collection agencies they hire, are getting increasingly aggressive. One in four consumers contacted by debt collectors feels…
Let Twitter justice reign.Image: don emmert/AFP/Getty Images Remember back in 2015 when Trump’s lawyer Michael Cohen joked about sending Hillary Clinton to prison? It’s funny how things change. It now appears that Cohen, not Clinton, will be the one headed to prison. On Tuesday, Cohen reached a plea deal in…
Video How Cohen plea could be problematic for President Trump President Trump launches Twitter offensive against the special counsel investigation; chief White House correspondent John Roberts reports. Michael Cohen, President Trump’s longtime personal attorney, admitted Tuesday to violating federal campaign finance laws by arranging hush money payments to adult film…
Amazons adaptation of Tom Clancys novels amounts to a bewildered boy scout looking at a machine gun If you thought that the world had had its fill of fictional spies blundering through Middle Eastern hotspots picking off identikit terrorists while cities burn, think again, chumps, because Jack Ryan, the dreamboat…
The World Bank has launched the first bond on a blockchain with the Commonwealth Bank of Australia. The A$110 million ($87 million) bond-i (blockchain operated new debt instrument) — so named, I’m assuming, because of Australia’s famed Bondi Beach (bankers have the funnies!) — is the first bond to be…
Video President Trump on his relationship with Michael Cohen President Trump’s exclusive interview with Ainsley Earhardt airs Thursday, August 23 on ‘Fox & Friends’ at 6 a.m. ET. President Trump blasted his former attorney, Michael Cohen, for “flipping” on him and praised another ex-lieutenant with legal trouble, Paul Manafort, in an…