2019 US budget deficit reaches $1 trillion – highest since 2012

2019 US budget deficit reaches $1 trillion – highest since 2012

Government-sponsored lenders Fannie Mae and Freddie Mac also brought in $16 billion more to the Treasury Department than they had in the
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Bank Bounce May Not Stick

A leap in Treasury yields has markets behaving as if the worst is over for banks. But lenders still face a number of bad choices at the moment.
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China tipped to start rate cutting 'road map' as early as next week, as economic slowdown deepens

In this new system, the central bank will adjust the interest rates on its MLF, in which the central bank lends funds to commercial banks. The MLF rates
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HKEX makes US$36.6 billion surprise bid to take over London Stock Exchange to grow into a …

The combined operator would give investors 18 hours of trading between Asia and Europe. Hong Kong was the world's largest fundraising capital for
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Huge opportunity in Financial Technology (FinTech) Market 2019-2025 with Lending Club,Prosper …

Some of the key players operating in this market include: Lending Club,Prosper,Upstart,SoFi,OnDeck,Avant,Funding Circle,Zopa,Lendix,RateSetter
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Deutsche Bank sees four rate cuts by January, says the US risks 'zero rates' if trade war escalates

Recent trade optimism sparked a rebound in stocks, but Deutsche Bank warned if there's an escalation in the trade war, the U.S. could see a “mild
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Idlewild Senior Men's League Begins 'After' Season

The league thanks the community supporters who donated tournament prizes: Peninsula Title Company, Jim Strutz of Edward Jones Investments,
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HSBC Looks to Unload French Retail Bank

HSBC Holdings PLC is preparing to put its French retail bank on the sales block in one of its first strategic actions under new interim Chief Executive
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#NeverForget: raceAhead

… and work and lead and teach and punish and govern and dream, still unexamined and unremembered. #NeverForget. Ellen.McGirt@fortune.com
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Behind the '80s TV Comeback: From 'Stranger Things' to 'GLOW'

From REO Speedwagon, Bryan Adams, and Corey Hart tunes to acid washed jeans, big permed hair, and parachute pants, the '80s are back big time.
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Why I'm Worried When Home Depot Stock Gets North of $230

Thus, in the near term, Home Depot should benefit as the U.S. economy and housing market gain momentum against the backdrop of a healthy labor
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Trump Administration Plans to Order Vaping Flavors Off Market

President Donald Trump called vaping a “problem,” and his health secretary said the government would force companies to remove flavored vaping
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Nextdoor raises $47 million to continue growth

Neighborhood social network Nextdoor announced this week that it raised $47 million in new funding. Earlier this year, the company raised $123
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Caye International Bank Chaired by Joel Nagel Named Best Offshore Private Bank in Latin …

SAN PEDRO TOWN, Belize, Sept. 11, 2019 /PRNewswire/ — After naming Caye International Bank the Most Outstanding Offshore Bank in Central
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Banco de Sabadell SA Purchases Shares of 52666 Navistar International Corp (NYSE:NAV)

78.46% of the stock is owned by institutional investors. … Zacks Investment Research downgraded Navistar International from a “buy” rating to a “hold”
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We maxed out the new Apple Watch Series 5, and it costs a fortune

Over the course of a little less than two hours on Tuesday, Apple showed off a range of new products to the world. One of those was the Apple Watch
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Survey: US Banks Lag Behind Canadian, UK Counterparts in Race to Merge Fraud, Financial …

A survey of banks in 10 countries finds that U.S. banks lag behind global counterparts in integrating functions. SAN JOSE, Calif., Sept. 11, 2019
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You Can Now Put Your Gay Money in a Gay Bank

The nationally operating institution will be called Superbia Credit Union and will provide services often overlooked or neglected by massive banking
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The US isn't building enough houses — and that's not changing anytime soon, economists say

Since 1959, single-family housing starts have occurred at an average … Read more: This city's real estate market is the least likely to tank during the
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The Real Strategy for Apple's TV+ Isn't to Compete with Netflix. It Just Wants a Bit of Your Time

As Fortune reported in July, original content is key when it comes to customer loyalty, not the depth-and-breadth strategy of having a huge library like
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