The next deflationary front: Amazon dips its toes into banking

The WSJ reports that Amazon is in talks to launch a type of checking account. Before you sell all your bank stocks. It looks like this is a very limited move and they're partnering with JPMorgan. “It is too early to say exactly what the product will look like, including whether it would give customers the ability
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Folk2Folk, a peer-to-peer (P2P0 lending platform for local and rural businesses, announced on Monday it has now lent £200 million, providing a valuable source of capital to hundreds of local businesses across the UK. According to the online lending, this milestone demonstrates the strong demand in
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While the rains might help soil moisture a bit, it's widely expected that it's too little, too late for most of the Argentine soybean and corn crops. The likely lower amount of soybeans coming out of Argentina has many grain markets participants optimistic that international buyers will switch their demand to
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“Our broken housing market is down to a lack of supply resulting from restrictive planning laws that . . . prevent the necessary number of homes being built,” it added. The Department for Housing, Communities and Local Government said councils “should” follow the rules in the national planning policy
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Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. These factors drive the profitability and cash flows of real
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An enormous retail development. New hotels, condos and townhomes. Office spaces reimagined. Historic downtown buildings purchased ahead of redevelopment projects. These are just a few of the projects honored in this year's edition of the BBJ Commercial Real Estate Deals of the Year.
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This week, the Senate could do something we haven't seen in the nation's capital in a long time. The Senate will have the chance to show that bipartisanship is alive and well, and that Congress can get things done for the American people when lawmakers of good faith work together for the common
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The Infatuation revealed on Monday that it would buy Zagat, but did not disclose the price. Reuters first reported that Google was looking to sell Zagat in January. “We're thrilled by this opportunity to acquire such a pioneering and trusted restaurant guide as Zagat,” The Infatuation CEO Chris Stang said
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Union Law Minister Ravi Shankar Prasad on Monday hit out at the Congress, saying that under the UPA government, the entire banking system was allowed to be derailed because of “interventions, pressure and patronage.” Speaking at a press conference in New Delhi, Mr. Prasad also raised
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A recent survey by the Federal Reserve Bank of Boston offers an overview of mobile banking and mobile payment adoption, unveiling that “Among FIs offering and tracking business mobile banking adoption, more than half (55 percent) still have adoption rates less than five percent.” According to this
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To tally housing permits, the researcher pulls new permit figures for each county, including any permitting departments from cities or towns within those counties. While most of The Market Edge's markets posted permit totals below 5,000 in 2017, Charlotte's size and permit counts most closely compare to
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Kabbage, an online lender to small businesses, has taken a strong stand on gun control. The Atlanta company said Monday that it will not fund “any businesses that we identify as a seller of firearms or ammunition to individuals under 21 or that sell or manufacture any form of assault-style weapon.
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The Government is backing plans for much-needed new housing in Eastwood after a successful bid for £1 million in funding by Nottinghamshire County Council. The money, announced by Housing Minister Dominic Raab, is from the Land Release Fund (LRF) and will be used to prepare the site of the
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Public Employees Retirement System of Ohio raised its holdings in Encore Wire by 1.6% in the second quarter. … The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company manufactures
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A United Airlines aircraft passes by a Continental Airlines aircraft as it taxis to takeoff from the runway of Ronald Reagan National Airport August 16, 2006 in Washington, DC. (Photo by Alex Wong/Getty Images). Alex Wong Getty Images. By Aric Jenkins. 2:39 PM EST. United Airlines appears to have had
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MADISON, N.J., March 5, 2018 /PRNewswire/ — Century 21 Real Estate LLC, franchisor of the iconic CENTURY 21® brand, today unveiled a rebranding campaign that represents a complete overhaul of one of real estate's most recognizable icons. Complacency and mediocrity have taken hold of the
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Before the mortgage financing is finalized, you will collect written quotes for the repairs or improvements to be done. When the application for financing is submitted, the request is made for 95 per cent of the purchase price plus 95 per cent of the cost to complete the improvements. It is important to know
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New research by Quayle Munro, the mergers and acquisitions advisory firm recently acquired by Houlihan Lokey, shows a clear uptick in M&A activity within the real estate software, data & analytics sector. According to Quayle Munro's analysis, the number of transactions in the sector grew at a
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The survey of 2 500 banking customers in six African countries, including SA, found that 40% of respondents preferred using digital channels, while 25% of customers choose price as the most important factors in choosing banks. Equally important is convenience, also cited by 25% of customers. Service
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Netflix is gearing up for Season 6 of House of Cards, the final run of the popular show that will have one distinct difference from previous seasons: no Kevin Spacey or his character, former President Frank Underwood. The company aired the first teaser for the season during the Academy Awards on
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