A four-day atmospheric river-fueled storm that walloped California caused estimated damages of up to $11 billion and put the state’s aging infrastructure to the test. The preliminary damage estimate of up to $11 billion by AccuWeather accounts for damage to homes, businesses, infrastructure, facilities, roadways and vehicles, as well as over 900,000 reported power outages
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Loading… Loading… During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates. Additionally, economic data released Thursday morning revealed a robust labor market, with unemployment benefits registering well below expectations for
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Loading… Loading… Public, a modern-day fractional investing platform, officially launched options trading, sharing 50% of its options trading revenue directly with members. Jannick Malling,co-founder and co-CEO of Public expressed the motivation behind this move, telling Benzinga, "We are excited to turn the payment for order flow model on its head for the benefit of our
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Loading… Loading… Mizuhoanalyst Dan Dolev provided his 2024 FinTech & Payments outlook. The analysts top picks includedAffirm Holdings, IncAFRM ,Fidelity National Information Services, IncFIS ,Robinhood Markets, IncHOOD , andBlock, IncSQ . Dolev noted that AFRM is more than just Buy Now Pay Later (BNPL). In his view, AFRM is an alternative payment network competing with
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Loading… Loading… KeyBancanalyst Alex Markgraffs consumer fintech survey addresses key topics and debates surrounding some of the most relevant sector debates, including digital wallet share, tax preparation and filing tendencies, direct deposit and card adoption, BNPL trends, and more. After years of scaling users, the analyst noted the consumer fintech category has firmly entered an
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Loading… Loading… Visa Inc V and Mastercard Inc MA are two of the biggest players in the U.S. credit card space. While Visa is reporting fourth-quarter (Q4) earnings on Jan. 25, Mastercard is reporting on Jan. 31. The two firms compare well in terms of scaleand market performance. Let's take a quick look at how
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Loading… Loading… PayPal Holdings, Inc. PYPL shares,consolidating under $100 since April 2022, gained volume momentum in mid-January, sparking discussions on social media platforms and chatrooms, fueling speculation about its emergence as a new meme stock. Stock Trajectory: PayPals stock, regarded as a COVID-19 play during the pandemic, reached an intra-day record of $310.16 on July
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A US Department of Justice report on Thursday cast Joe Biden as a “well-meaning, elderly man with a poor memory” in a damaging portrayal of the president even as he was spared from criminal charges following a months-long probe. The report from special counsel Robert Hur, who oversaw the DoJ’s investigation into Biden’s handling of
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Ex-IFS Securities trader Keith Wakefield committed securities and wire fraud when, as the broker-dealer’s head of fixed income, the Chicago resident made forbidden speculative trades and embezzled hundreds of thousands of dollars over a two-year period, an Illinois federal court jury found this week. According to the U.S. Attorney’s Office for the Northern District of
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Pin Share Tweet Email SHTFPreparedness may collect a share of sales or other compensation from the links on this page. Just like consist of industries, technologies are changing the way dental treatment is practised and how people take care of their crooked smile at home. Out of 3D-printing prosthetics to teledentist consultation, these technologies are
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Two JetBlue planes collided on the tarmac at Bostons Logan International Airport on Thursday morning, disrupting the travel plans of all the passengers onboard. Flight 777s left winglet struck the right horizontal stabilizer of Flight 551 around 6:40 a.m. while on the deicing pad, the Federal Aviation Administration said. No injuries were reported. One passenger,
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BRUSSELS — The world just experienced its hottest January on record, continuing a run of exceptional heat fueled by climate change, the European Union’s Copernicus Climate Change Service (C3S) said on Thursday. Last month surpassed the previous warmest January, which occurred in 2020, in C3S’s records going back to 1950. The exceptional month came after 2023 ranked
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