Coronavirus Has Thrown Around 100 Million People Into Extreme Poverty, World Bank Estimates

The coronavirus pandemic has thrown between 88 million and 114 million people into extreme poverty, according to the World Bank’s biennial estimates of global poverty. WSJ.com: World News BEST DEAL UPDATE: SPECIAL NEWS BULLETIN: Click today to request your free … Read more…

Cuomo admin. blames bank for New Yorkers not getting their jobless benefits

The Cuomo administration is still getting inundated with complaints from frustrated jobless New Yorkers who haven’t received federal pandemic-related unemployment benefits that officials promised to transfer into their accounts last week. “Everybody’s struggling, we all need our money,” said Elizabeth … Read more…

Tristan Thomas, Monzo's long-standing VP of Marketing, is departing the challenger bank

Tristan Thomas, Monzo’s long-standing VP of Marketing — who joined the challenger bank almost five years ago when it had less than 15 employees! Over on Extra Crunch, we delve into the most recent published financials for U.K. challenger bank rivals, … Read more…

Video shows California man being robbed of $200K life savings outside bank | New York Post

New York Post SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of … Read more…

Saxo Bank says gold will ‘reward the patient investor’ this quarter, sees record high on the horizon

Spot gold futures traded at $ 1,772 per ounce on Thursday afternoon, up around 0.2% for the session. Europe News BEST DEAL UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…

House Democrats demand big bank CEOs disclose documents about small business loans in coronavirus bailout

The lawmakers want big banks to provide “all formal or informal guidance” from the administration about PPP requirements, and the “prioritization or exclusion” of loan applicants in underserved or rural markets. Small Business BEST DEAL UPDATE: A way to Pay … Read more…

Bank of England adds another £100 billion to bond-buying program to combat coronavirus slowdown

The Bank of England on Thursday added another £100 billion to its quantitative easing program in a bid to shore up the U.K. economy amid the fallout from the coronavirus crisis. International: Top News And Analysis SPECIAL NEWS UPDATE: Click … Read more…

Former World Bank chief economist on how US economy can recover from coronavirus outbreak

Joseph Stiglitz, former World Bank chief economist, joins “Closing Bell” to discuss the state of the coronavirus outbreak. Wealth SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your … Read more…

World Bank, IMF Push to Consolidate Patchwork Approach to Coronavirus Crisis

In addressing the coronavirus pandemic, the international financial community has lacked a unified approach, observers say. But the IMF and World Bank are pushing world leaders to coordinate more closely. WSJ.com: World News SPECIAL NEWS UPDATE: Click today to request … Read more…

2.18.20 Reverse mortgages are disastrous; Fake high-interest bank accounts; Money-saving travel tips

Reverse mortgages have been a caller topic for Clark for 2 decades. When people are house rich and cash poor, reverse mortgage -wherein the mortgage company sends you a check every month while you still live in the home, appears to … Read more…

His first mistake was robbing a bank, police say. His second was allegedly fleeing on an electric scooter.

An Austin teenager is accused of robbing a bank before fleeing on an electric scooter. The device –– which is tracked using GPS and contains a user’s personal information –– helped police identify and charge the suspect with a crime. … Read more…

EMERGING MARKETS-EM stocks fall on trade deal doubts; Lira firms on central bank comments

Emerging markets stocks fell on Friday on worries that a new U.S. law backing Hong Kong protesters could hinder progress in resolving the Sino-U.S. trade war, while comments from the Turkish central bank breathed new life into the lira. Reuters: … Read more…

Apple Card is just ‘another credit card with a few innovative features,’ Russian bank exec says

Sberbank's David Rafalovsky said he challenges anyone "to give me an example of great ground-breaking innovation in consumer banking." World News & Analysis SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to … Read more…

Trump — not the Fed — is the biggest threat to the US economy, ex-India central bank chief says

Former Indian central bank chief Raghuram Rajan warned that the biggest threat to the U.S. economy will come from President Donald Trump's trade policies. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription … Read more…

BE, Bank of America Honor Black Board Members of Largest Corporations at National Museum

Scores of black board members who represent the corporate elite made a bit of history Wednesday night as they were honored at the spectacular National Museum of African American History and Culture (NMAAHC) in Washington, D.C. BLACK ENTERPRISE saluted those … Read more…

Regulator approves overhaul of ‘Volcker Rule,’ which restricts risky bank moves

A US banking regulator announced Tuesday he had approved a final rule simplifying the “Volcker Rule,” which restricts risky profit-seeking trades by banks. Joseph Otting, the comptroller of the currency, said in a statement he approved the rule, which addresses … Read more…

Capital One data breach exposes tens of thousands of Social Security numbers, linked bank accounts

Capital One says a data breach identified earlier this month exposed personal information of its customers, including social security details and bank account numbers. Tech BEST DEAL UPDATE: Shop the latest electronics deals direct from Samsung

Judge says Deutsche Bank, Capital One can give Trump financial records to House Democrats

Deutsche Bank and Capitol One can turn over financial documents related to President Donald Trump and his businesses in response to subpoenas from House Democrats, a judge said. Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your … Read more…

Mike Novogratz’s Crypto Bank Galaxy Digital Posts $272.7 Mln Loss In FY18

Billionaire Michael Novogratz’s crypto investment bank Galaxy Digital Holding Ltd. reported a loss of $ 272.64 million in fiscal 2018 reflecting significant loss on digital assets amid the weakness in cryptocurrency market. Novogratz said, “The first few months of 2019 … Read more…

Ex-Fed’s Dudley: Wall Street should stop blaming the central bank every time stocks drop

Dudley, who retired from the Fed in June 2018, said the central bank's actions have become a "convenient whipping boy." Economy ECONOMY NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off … Read more…

WATCH: World News 01/23/19: At Least 5 Dead After Suspect Allegedly Opens Fire At Bank

Theranos owner: ‘We made so many mistakes’ with test devices; Nurse accused of impregnating nursing-home patient in vegetative state ABC News: World News Tonight SPECIAL NEWS BULLETIN: http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of … Read more…

At least 5 dead after suspect allegedly opens fire at bank: Police

ABC News SPECIAL NEWS BULLETIN: http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release … Read more…

Fed’s Bullard becomes first on central bank to suggest delaying December rate hike

St. Louis Federal Reserve President James Bullard says the central bank could consider postponing its widely anticipated December rate hike by one month because of an inverted yield curve. Economy ECONOMY NEWS UPDATE: Click today to request your free ACRX … Read more…

German Crypto Exchange Bitcoin Group SE Buys Investment Bank Tremmel

German cryptocurrency exchange Bitcoin Group SE acquired investment bank Tremmel Wertpapierhandelsbank GmbH, aiming to significantly expand its service portfolio. The purchase price was not disclosed, but the company said it is in the lower seven-digit euro range. With the acquisition, … Read more…

Bank of America earnings’ jump, topping Wall Street estimates, as consumer credit improves

Chief Executive Officer Brian Moynihan, 59, has focused on cutting costs while looking for profit opportunities that fit his "responsible growth" mantra.  Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…