Federal Reserve officials meeting with Fed Up, a coalition of community groups, said that if the central bank acts too slowly to raise interest rates, it could cause the economy to overheat and then fall […]
The futures market is indicating a 32% chance that the Federal Reserve will raise interest rates in September, twice the probability signaled two weeks ago. The implied probability of a rate hike rose after more […]
The world’s first self-driving taxis are picking up passengers in Singapore. Select members of the public began hailing free rides Thursday through their smartphones in taxis operated by nuTonomy, an autonomous vehicle software startup. nuTonomy […]
Location-based shopping service Retale is taking advantage of Facebook Messenger’s new option to send subscription messages with the launch of RetaleBot. Retale describes the bot as a personal assistant with the potential to outperform the […]
Pinterest has bought Instapaper, the app that lets consumers save content to view later. The deal gives Pinterest access to more behavioral data, enabling it to better target content and upping its capabilities to rival […]
Four major banks have teamed up with broker ICAP (OTCPK:IAPLF) to create a digital currency called the “utility settlement coin.” UBS (NYSE:UBS), Deutsche Bank (NYSE:DB), Santander (NYSE:SAN) and BNY Mellon (NYSE:BK), as well as ICAP, […]
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