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A spike in income volatility has some banks working on ways to help people cope, and now the fintech think tank Y Combinator Research is planning to test a possible solution, albiet a controversial one. Have you heard of "universal basic income" yet? You probably will.
July 31
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As an investment community, we have to realize that any system with 90% homogeneity is vulnerable, while diversity makes the system more resilient.
July 31
Big Path Capital -
The Fed’s quarterly Senior Loan Officer Opinion Survey found that demand decreased for both commercial and industrial and commercial real estate loans.
July 31 -
As much as $2.5 trillion, or nearly half of bank deposit growth since the crisis, may be attributable to the central bank's quantitative easing. If investors start drawing down on their accounts to buy back assets from the Fed, the trend could dampen liquidity at certain banks, add upward pressure on deposit prices and reshape M&A.
July 31 -
The South Pacific island's leaders have a creative solution to fix their cash-based economy that hasn't been done in the U.S. in nearly a century. But will regulators approve?
July 31 -
Hood has worked at CU near Niagara Falls since being hired as its bookkeeper in 1983.
July 31 -
Republicans need just 50 votes in the Senate to repeal the CFPB's rule banning mandatory arbitration, but some key GOP senators remain on the fence.
July 31 -
Four Republican senators are seen as possible defectors on a vote to repeal the CFPB's arbitration rule, while another senator may be absent, which will make the GOP's job harder.
July 31 -
Athletics partnerships, scholarships, environmentally friendly activities and other ways credit unions are giving back.
July 31 -
Wells Fargo & Co. customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them so far into a financial spiral that their vehicles were repossessed.
July 31







