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Massachusetts Throws Daily Fantasy Sports A Bone

PYMNTS

The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. The latest development, however, seems to fall in favor of the pro-daily fantasy sports camp.

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DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience

PYMNTS

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. Apply the local sales tax and the new total is $48.07.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. This should be a standard operating procedure at every bank. In general, banks will be focusing more on deposits.

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. As of the end of the week, at least one firm, Mattervest, said it had shuttered operations.

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COVID-19’s Chilling Effect on Summer Vacation Rentals

PYMNTS

And as Logie noted, in Massachusetts, amid the self-quarantining, as businesses shutter and restaurants embrace takeout and delivery, and shop shelves are bare, life on Cape Cod has become a “day by day, week by week situation.”. As of right now, states have varied their approaches to battling COVID-19.

New York 183
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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

First of all, if they continue to buy securities, they are removing many of the high quality securities from the marketplace, possibly causing a disruption or shortage in the markets. trillion of securities amassed during QE1 and QE2. Or should I say “manipulate” interest rates lower? So stay tuned!

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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Biggest Branch ITM User Award : The Security Guard. Executioner’s Tax (Swing of the Ax) – Power Trip.