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Economics & Finance

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Economics & Finance

26 Jun 2019, 12:19

JPMorgan Chase To Begin Trialling JPM Coin
http://readblog.live/jpmorgan-chase-b26d7

https://redd.it/c5nlll
@r_econ

JPMorgan Chase To Begin Trialling JPM Coin | CoinBeat

Investment banking giant, JPMorgan Chase is ready to begin trials for its “JPM Coin” cryptocurrency in partnership with its corporate clients. As per a report published by Bloomberg Japan on Tuesday, JPMorgan’s head of digital treasury, Umar Farooq, stated that customers would participate in the tri...

14 1 0

Economics & Finance

26 Jun 2019, 11:19

Are you paying too much for chicken? Feds are investigating poultry price-fixing claims.
https://www.chicagotribune.com/business/ct-biz-chicken-price-fixing-investigation-20190625-smtik5dwxjfl3p5po2faihc4lq-story.html

https://redd.it/c5hjal
@r_econ

3 0 0

Economics & Finance

26 Jun 2019, 10:19

Analysis | 7 ways $1.6 trillion in student loan debt affects the U.S. economy
https://www.washingtonpost.com/business/2019/06/25/heres-what-trillion-student-loan-debt-is-doing-us-economy/?utm_term=.a7fec57d4b17

https://redd.it/c5jmip
@r_econ

- The Washington Post

3 0 0

Economics & Finance

26 Jun 2019, 09:19

Chinese buyer enquiries on U.S. property were down 27.5% in the first quarter of 2019 from the comparable year-ago period
https://www.cnbc.com/2019/06/26/the-trade-war-is-weighing-on-chinese-home-buying-in-the-us.html

https://redd.it/c5j5pq
@r_econ

The trade war is weighing on Chinese home buying in the US

The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.

1 0 0

Economics & Finance

26 Jun 2019, 08:19

The trade war is weighing on Chinese home buying in the US
https://www.cnbc.com/2019/06/26/the-trade-war-is-weighing-on-chinese-home-buying-in-the-us.html

https://redd.it/c5jt7l
@r_econ

The trade war is weighing on Chinese home buying in the US

The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.

2 0 0

Economics & Finance

26 Jun 2019, 07:19

JPMorgan's Jamie Dimon: Student lending in the U.S. is a 'disgrace' and it's 'hurting America'
https://finance.yahoo.com/news/jpmorgan-ceo-jamie-dimon-calls-student-loans-a-disgrace-171749043.html

https://redd.it/c5kiz5
@r_econ

JPMorgan's Jamie Dimon: Student lending in the U.S. is a 'disgrace' and it's 'hurting America'

"Is there an issue with student debt? There is, but you’ve got to stop the creation of bad debt," Dimon said.

2 0 0

Economics & Finance

26 Jun 2019, 06:19

BofA commodity arm fined by DOJ for trading practices
https://www.reuters.com/article/us-bofaml-probe-idUSKCN1TQ2Z9?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5d12b475b35fc8000145e13a&utm_medium=trueAnthem&utm_source=twitter

https://redd.it/c5hvqx
@r_econ

BofA commodity arm fined by DOJ for trading practices

(Reuters) - Bank of America Corp’s commodity arm Merrill Lynch Commodities Inc has agreed to pay $25 million to resolve a probe into its trading practices, the U.S. Department of Justice said on Tuesday.

2 0 0

Economics & Finance

26 Jun 2019, 05:19

How Discount Brokerages Make Money
https://www.kalzumeus.com/2019/6/26/how-brokerages-make-money/

https://redd.it/c5j39z
@r_econ

r/economy - How Discount Brokerages Make Money

0 votes and 0 comments so far on Reddit

2 0 0

Economics & Finance

26 Jun 2019, 04:19

Just a friendly reminder that nobody knows what the fuck they're talking about (from the same Google Finance newsfeed)
https://redd.it/c5fu1w
@r_econ

1 0 0

Economics & Finance

26 Jun 2019, 03:19

Insurance Companies Say They're Not Allowed to Plan for the ‘New Normal’ of Intense Wildfires
https://www.voiceofsandiego.org/topics/science-environment/insurance-companies-say-theyre-not-allowed-to-plan-for-the-new-normal-of-intense-wildfires/

https://redd.it/c5hh2i
@r_econ

Insurance Companies Say They're Not Allowed to Plan for the ‘New Normal’ of Intense Wildfires - Voice of San Diego

Insurance companies says state regulators aren’t letting them plan for climate change and the so-called “new normal” of intense wildfires. They warn of price spikes and more people being denied coverage. Regulators worry the industry’s models aren’t credible, and could be manipulated to overcharge c...

1 0 0

Economics & Finance

26 Jun 2019, 02:19

Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
https://www.reuters.com/article/us-bombardier-m-a-mhi/bombardier-exits-commercial-aviation-with-550-million-sale-of-regional-jets-to-mitsubishi-idUSKCN1TQ1IR

https://redd.it/c5g9mb
@r_econ

Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

(Reuters) - Bombardier Inc said it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker’s exit from commercial aviation.

1 0 0

Economics & Finance

26 Jun 2019, 01:19

Farmers are 'casualties' of Trump's trade war, admits agriculture secretary
https://www.nbcnews.com/business/economy/farmers-are-casualties-trump-s-trade-war-admits-agriculture-secretary-n1021376

https://redd.it/c59pad
@r_econ

Farmers are 'casualties' of Trump's trade war, agriculture secretary admits

"You can't pay the bills with patriotism," Sonny Perdue said.

2 0 0

Economics & Finance

26 Jun 2019, 00:19

The dilemma.
https://redd.it/c5er9z
@r_econ

2 0 0

Economics & Finance

25 Jun 2019, 23:19

WSJ: Don’t Pick a Fight With the People’s Bank of China
https://www.wsj.com/articles/dont-pick-a-fight-with-the-peoples-bank-of-china-11561366004?emailToken=fedd184c98deef1f1d62bc33e9d34798uDnLwCYvAOgir3PjBbBl8qntyNJUoeAo60LXA2Xtc/eLLPVoCG2+msInuvrKtS6tsphgM26z6cjlyh6uprpAVE601CUV6TAMeIVYlmdkKow%3D&reflink=article_imessage_share

https://redd.it/c5cfnd
@r_econ

Don’t Pick a Fight With the People’s Bank of China

Speculators shorting the yuan have been burned. Betting against the Korean won is a safer way to make the same wager.

2 0 0

Economics & Finance

25 Jun 2019, 22:19

G20 nations triple coal power subsidies despite climate crisis
https://www.theguardian.com/environment/2019/jun/25/g20-nations-triple-coal-power-subsidies-climate-crisis

https://redd.it/c59g2r
@r_econ

G20 countries triple coal power subsidies despite climate crisis

Major economies pledged a decade ago to phase out all aid for fossil fuels

3 0 0

Economics & Finance

25 Jun 2019, 21:19

A newspaper bucks layoff trend, and hopes readers respond
https://www.apnews.com/18b77380f83e43b7b38e3961e2d2c966

https://redd.it/c58vr6
@r_econ

A newspaper bucks layoff trend, and hopes readers respond

PITTSFIELD, Mass. (AP) — These days, the news about local news seems relentlessly bad: Newsroom employment, down by nearly half over the past 15 years. Waves of layoffs continuing to hit...

3 0 0

Economics & Finance

25 Jun 2019, 20:19

U.S. Sanctions: Economic Sabotage that is Deadly, Illegal and Ineffective
http://www.socialisteconomist.com/2019/06/us-sanctions-economic-sabotage-that-is.html

https://redd.it/c59uu4
@r_econ

U.S. Sanctions: Economic Sabotage that is Deadly, Illegal and Ineffective

✑ Medea Benjamin & Nicolas J.S. Davies. Whether in Iran, Venezuela, Cuba, North Korea or one of the 20 countries under the boot of U.S. sanctions, the Trump administration is using its economic weight to try to exact regime change or major policy changes in countries around the globe

4 0 0

Economics & Finance

25 Jun 2019, 19:19

China considers blacklisting FedEx after Huawei delivery errors
https://www.straitstimes.com/asia/east-asia/china-considers-blacklisting-fedex-after-huawei-delivery-errors

https://redd.it/c59nit
@r_econ

China considers blacklisting FedEx after Huawei delivery errors, East

East Asia News -BEIJING (BLOOMBERG) - China is considering adding FedEx Corp to a list of so-called unreliable entities, people familiar with the matter said, a move that would escalate tensions with

4 0 0

Economics & Finance

25 Jun 2019, 18:19

When ‘co-living housing’ is just a fancy name for exploiting a crisis
https://thespinoff.co.nz/auckland/21-06-2019/when-co-living-housing-is-just-a-fancy-name-for-exploiting-a-crisis/

https://redd.it/c591p7
@r_econ

When ‘co-living housing’ is just a fancy name for exploiting a crisis

Don't fall for the spin that presents this latest revision of a historical hostel building type as some kind of genuinely community-based housing, argues Mark Southcombe ‘Co’ is hip and cool. It’s fashionable as a prefix for all sorts of community-based and community-led, co-operative, collaborat

4 0 0

Economics & Finance

25 Jun 2019, 17:19

Facebook Faces Trial Over Data Breach Affecting 30mn Users
https://www.yuvnews.com/12200/facebook-faces-trial-over-data-breach-affecting-30mn-users

https://redd.it/c54sgh
@r_econ

Facebook faces trial over data breach affecting 30mn users

In a setback, a US court has rejected Facebook's claims to block a lawsuit against it in a data breach that affected nearly 30 million users in September last year. According to a report in Seeking Alpha on Monday, US District Judge William Alsup in San Francisco dismissed Facebook's request, say...

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