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Venmo Launches Ability to Buy, Sell, and Hold Cryptocurrencies Like Bitcoin

Payment app Venmo will now let users buy, sell, and hold four cryptocurrencies, including bitcoin, ethereum, litecoin and bitcoin cash, according to a press release…

Continue Reading... Venmo Launches Ability to Buy, Sell, and Hold Cryptocurrencies Like Bitcoin
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Cannabis banking act passes U.S. House with bipartisan support

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement)…

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Posted in ! #Headlines #Banking #Congress #Economy #Education #Government #Money #Newsfeed #Political #Politico #Politics #Trending biden trump college

$50K of student loan forgiveness would wipe out federal debt for 36M, new data shows

More than 36 million Americans would have their federal student loans completely erased if the Biden administration were to accede to progressive demands to cancel…

Continue Reading... $50K of student loan forgiveness would wipe out federal debt for 36M, new data shows
Posted in ! #Headlines #Banking #Biden #Congress #Education #Government #Money #Newsfeed #Politics college

Rep. Ayanna Pressley Urges President To Act On Student Loan Debt As Biden Considers Executive Action

Long reluctant to erase student loan debt by executive order, President Joe Biden may be shifting his position. Education Secretary Miguel Cardona was asked to…

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Posted in ! #Headlines #Banking #Booze #Government #Newsfeed #USPS

‘A win-win solution’: Banking and booze could save the U.S. Postal Service, advocates say

“Postal banking is an elegant solution that would provide the USPS upwards of $9 billion a year in revenue and would address the high cost…

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The Cash app’s parent company is now running its own bank

Jack Dorsey, the CEO of both Twitter and Square, tweeted today that the “Bank now open.” What he’s referring to is that now, about a…

Continue Reading... The Cash app’s parent company is now running its own bank
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Fed glitch shuts down wire transfers, direct deposits, other services

Enlarge / The Federal Reserve Building in Washington, DC. (credit: Rudy Sulgan / Getty Images) Federal Reserve electronic systems that enable US banks to send…

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Mastercard will support cryptocurrency payments later this year

Mastercard has become the latest payment company to give cryptocurrencies its blessing. The financial services firm has begun preparations to support select cryptocurrencies later this…

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Dow tumbles 700 points amid GameStop mania, on pace for worst day since October

There are fears that the GameStop frenzy is a sign of a larger bubble in the market. Source: https://www.nbcnews.com/business/markets/dow-tumbles-700-points-amid-gamestop-frenzy-pace-worst-day-n1256186 Droolin’ Dog sniffed out this story…

Continue Reading... Dow tumbles 700 points amid GameStop mania, on pace for worst day since October
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Bank cop halts Trump rule boosting loans to private prisons, energy industry

A key bank regulator on Thursday halted a last-minute, Trump-era rule that would prevent big banks from denying loans and other services to entire industries…

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Mastercard to raise fees to EU firms by 500% for online sales to UK shoppers

Change from October could lead to higher prices for those paying with UK-issued cards Mastercard is to increase the fees it charges EU firms to…

Continue Reading... Mastercard to raise fees to EU firms by 500% for online sales to UK shoppers
Posted in ! #Headlines #Axios #Banking #BusinessNews #Money #Newsfeed #TwoAmericas

Banks cash in as Wall Street blows out Main Street

America’s big banks capped off a winning year, led by soaring Wall Street-facing business lines. Why it matters: Banks cashed in on the white-hot IPO…

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Posted in ! #Headlines #Banking #Biden #BusinessNews #Money #Newsfeed #Political #Politico #Politics #Trending #Warren biden trump

Biden’s Wall Street backers face new threat from Warren

Private equity firms went all out for Joe Biden in the 2020 election, giving his campaign six times more money than they donated to President…

Continue Reading... Biden’s Wall Street backers face new threat from Warren
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New Zealand central bank says data system hacked

Investigation launched into “malicious attack,” said Governor Adrian Orr. Source: https://www.nbcnews.com/news/weird-news/new-zealand-central-bank-says-data-system-hacked-sensitive-information-n1253652 Proactive Computing found this story and shared it with you. The Article Was Written/Published…

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Posted in ! #Headlines #Banking #Cryptocurrency #Money #Newsfeed bitcoin

Bitcoin hits $20,000, an irresistible investment in an unstable economy

This time around, large funds and even CEOs of publicly traded companies are fueling bitcoin’s 2020 run. Source: https://www.nbcnews.com/business/business-news/bitcoin-hits-20-000-irresistible-investment-unstable-economy-n1250211 Droolin’ Dog sniffed out this story…

Continue Reading... Bitcoin hits $20,000, an irresistible investment in an unstable economy
Posted in ! #Headlines #Banking #BusinessNews #Newsfeed #Pornography #Trending new york nyc NY nypd nyfd

Pornhub: Mastercard and Visa to block use of cards on site after child abuse allegations

Companies respond as investigation finds videos of rape and revenge pornography Mastercard and Visa said on Thursday they would block their customers from using the…

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PayPal says all users in U.S. can now buy, hold and sell cryptocurrencies

PayPal announced today it’s dropping the waitlist to buy, hold and sell cryptocurrency in the U.S. With the move, all customers in the U.S. will…

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Posted in ! #Headlines #Banking #Money #Newsfeed #Political #Politics #Trump #TrumpLiesMatter

Deutsche Bank seeking to offload three Trump loans: report

Deutsche Bank is aiming to end any financial ties to President Trump after the United States elections due to negative attention the bank has received…

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JPMorgan puts $30B toward fixing banking’s ‘systemic racism’

JPMorgan Chase says it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what…

Continue Reading... JPMorgan puts $30B toward fixing banking’s ‘systemic racism’
Posted in ! #Headlines #Banking #Biden #Election2020 #Money #Newsfeed #Political #Politico #Politics #Trending #TrumpLiesMatter bernie sanders biden trump

Bankers back Biden despite gains under Trump

Executives and employees at the nation’s biggest banks are giving a boost to former Vice President Joe Biden’s campaign for the White House, despite economic…

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Posted in ! #Headlines #Arctic #Axios #Banking #Energy #Environment #FossilFuels #Money #Newsfeed #ThePlanet

Trump’s energy chief: Banks are ‘redlining’ oil and gas investments

Bank restrictions on the financing of oil and gas drilling in the Arctic are akin to past practices —known as redlining — of not loaning…

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Posted in ! #Headlines #Banking #BusinessNews #CoronaVirus #Economy #Energy #FossilFuels #Money #Newsfeed

Brent falls 10%, WTI below $30 as coronavirus spreads

Brent fell by 10% on Monday, and U.S. crude to below $30, as emergency rate cuts by the U.S. Federal Reserve and its global counterparts…

Continue Reading... Brent falls 10%, WTI below $30 as coronavirus spreads