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Investors Fear China Stock Market Bubble Brought On By Gov’t Stimulus To Combat Virus

PYMNTS

A surge cap in Chinese stocks, fueled by the stimulus package from the government to combat the virus-riddled economy, has brought about fears of a repeat of the 2015 market crash, according to Reuters on Wednesday (Feb. China has been working hard to inject funds into the economy, which has seen itself crippled as the coronavirus descended.

Marketing 146
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Freelancer.com And Escrow.com Aim To Ease Gig Workers’ Financial Woes

PYMNTS

In today’s digitally connected global economy, employers don’t need to think local when hiring freelancers – but thinking local still applies when paying the freelancers they employ. Payment frictions are rife in the gig economy, however. Building Stronger Cross-Border Gig Connections. contact-form-7] About the Index.

Payments 141
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Today In B2B: Xero Collaborates On API Bank Connection; Billtrust Teams With REPAY

PYMNTS

Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. Payment solution provider REPAY Holdings Corporation has connected its systems with Billtrust. 20) announcement.

Payments 212
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Top News In Payments: Chinese Tech Sector Faces Capital Crunch; US Prepares For Potential Iranian Cyberattack

PYMNTS

Who Will Shape The Future Of The Connected Economy? Today is the first business day of the first week of a new decade, which will see the shift from a mobile-centric apps economy to a commerce-centric connected one. Read our latest Subscription Commerce Index to find out more.

Capital 131
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8 Lessons From The Jamie Dimon Shareholder Letter

South State Correspondent

Jamie Dimon (Jamie) believes that the economy is being fueled by large amounts of government deficit spending and previous stimulus. World-wide remilitarization, reduced globalization, the transition to green economy may also act to keep inflation higher than the market expects.

Community 195
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As Consumers Buy Online Inflation Follows, Index Shows

PYMNTS

Online grocery sales saw a 110 percent increase in activity in April, according to Adobe’s Digital Economy Index (DEI), numbers spurred by the coronavirus ‘s push toward people avoiding human contact. That category isn’t an anomaly. Online sales as a whole continue to dwarf physical retail, the DEI stated.

Online 132
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NEW DATA: 58 Percent Of Gig Workers Don’t Hold Full-Time Jobs — And Don’t Want To

PYMNTS

The gig economy was once seen as a temporary holdover — an opportunity to earn supplemental income by taking on ad hoc work designing websites, doing yardwork or driving for a rideshare service as time allowed. Twenty-five percent cited flexibility as the top rated motivator for pursuing a career in the gig economy. percent of the U.S.

Data 105