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The Solution To The Fintech IPO Shortage

The Solution To The Fintech IPO Shortage

Forbes | Ron Shevlin | July 1, 2019 OBSERVATIONS FROM THE FINTECH SNARK TANK A Seeking Alpha article titled Why Fintech May Not Be Fit For Public Consumption states: The year 2019 seems set to be a record-setting one for venture capitalist exit value capture by means of tech IPOs. But fintech doesn't seem to be a part

7 years ago
Exclusive: Fed's Mester weighing argument for U.S. rate cut

Exclusive: Fed's Mester weighing argument for U.S. rate cut

One Federal Reserve policymaker who opposed the Fed's recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade war and global slowdown could derail the economy.



7 years ago
Oil rises alongside equities, but downbeat OPEC outlook caps gains

Oil rises alongside equities, but downbeat OPEC outlook caps gains

Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns.



7 years ago
Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.



7 years ago
Wall Street jumps on German stimulus hopes

Wall Street jumps on German stimulus hopes

Technology shares led Wall Street's advance on Friday as a waning bond rally and news of potential German economic stimulus brought buyers back to the market at the close of a turbulent week.



7 years ago
U.S. judge urges VW, SEC to resolve civil Dieselgate suit

U.S. judge urges VW, SEC to resolve civil Dieselgate suit

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate emissions scandal.



7 years ago
Lower rates could boost housing stocks, but risks remain

Lower rates could boost housing stocks, but risks remain

Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook.



7 years ago
Weight of history: Chongqing Steel and China's state sector dilemma

Weight of history: Chongqing Steel and China's state sector dilemma

A year and a half ago, Chongqing Iron and Steel Corp (CISC) , China's oldest steelmaker, was rescued from the brink of bankruptcy in a deal hailed as a shining example of how struggling state companies can be revamped.



7 years ago
Oil edges up as recession fears ease but OPEC outlook weighs

Oil edges up as recession fears ease but OPEC outlook weighs

Crude oil prices rose on Friday, recovering from two days of declines, after data showing a rise in U.S. retail sales helped to ease recession concerns, although a bearish outlook from OPEC capped gains.



7 years ago
Take Five: Fed in a hole

Take Five: Fed in a hole

On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July's quarter-point rate cut.



7 years ago
Technology stocks lift Wall Street at open

Technology stocks lift Wall Street at open

U.S. stocks opened higher on Friday in broad-based gains led by technology stocks, on easing bond market rally and China's plans to boost economic growth.



7 years ago
OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply.



7 years ago
Deere trims earnings forecast on trade war woes

Deere trims earnings forecast on trade war woes

Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for its farm machines, forcing the company to revise down its full-year profit and sales growth forecasts.



7 years ago

Here are the biggest analyst calls of the day: Merck, Intel, Dow & more

Here are the biggest calls on Wall Street on Friday

7 years ago

Ray Dalio says he wouldn't rule out China weaponizing its massive US Treasury holdings

Others observers have dismissed the suggestion that China would sell U.S. Treasurys to gain an upper hand in the trade war.

7 years ago