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How Federal Debt May Impact Banking

South State Correspondent

Cyclical changes and their impact on the economy dominate the news and the attention of corporate boardrooms because they are immediate and need to be addressed in real-time. While the US is, and will remain, the center of innovation and risk-taking, the economy will transition to fewer small businesses and more larger enterprises.

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US to enter post-Covid boom ‘torn by income inequality,’ says JP Morgan boss

TheGuardian

Jamie Dimon says in shareholder letter economy on edge of ‘Goldilocks moment’ but upbeat news comes with caveats The US has been “torn and crippled by politics, as well as racial and income inequality” but is about to enter a post-pandemic boom, according to JP Morgan boss Jamie Dimon.

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Fed Pushes Back on Thoughts of a Dovish Pivot

South State Correspondent

First, that would pressure the value of holdings they don’t sell, and second, they still expect to receive vast quantities of dollars in foreign trade with the US and what better store for those dollars than the most liquid market in the world? Meanwhile, away from the geo-political front, St.

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Could banks be the consumers’ data champion

Chris Skinner

So Conor’s idea is this: Google gives us searches, email, storage and more for free, on the basis that we allow them to mine and use our data. They claim that they won’t be evil, but are they using our data ethically and is all above board? The question is whether banks have the gumption to actually think about doing it.

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HSBC Sees Profits Fall As Bad Debts Top $6B

PYMNTS

In addition to bad debt, HSBC has been impacted by political tensions between China and the West, the newspaper reported. It has been widely criticized for backing a new law that criminalizes “anti-government” movements and comes with long jail sentences or life in prison for “national security crimes.”. Shares of HSBC fell by 4.5

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Progressive Advocacy Groups Want Facebook Broken Up

PYMNTS

“Most of us use Facebook , Instagram, WhatsApp and Messenger. They’re important ways for us to communicate and connect with each other. “Facebook unilaterally decides the news that billions of people around the world see every day.

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Big Tech Compliance Tracker: Amazon Looks To Increase Fees With Digital Tax In Spain; Google Might Make Search Inaccessible In Australia

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Google Makes Deal to Pay Media Companies for Content in France. 21, according to the report. .

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