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A Company's Tweets Can Help Make It Creditworthy
Banks use credit scores and similar metrics to assess creditworthiness. A company called Kabbage that lends working capital to small businesses does some of that but also relies on unconventional measures, using real-time data from things like UPS shipments, eBay, Facebook and Twitter.
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3:48
'Brexit' Aftermath: Resignations, Financial Fallout And A Petition To Redo
The U.K.'s credit rating has been cut, another government official has resigned and a new petition has gathered more than 1 million signatures calling for another vote.
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3:25
Key Senate Republicans Offer Their Plan To Replace Obamacare
"Obamacare just isn't working," Sen. Orrin Hatch, R-Utah, said on the Senate floor Monday afternoon. So he and two of his more influential Republican colleagues have proposed yet another plan to rewrite the Affordable Care Act.
Fed Goes All Out To Keep Economy Alive During Coronavirus Shutdown
The Federal Reserve has moved quickly and creatively to pump money into the rapidly shrinking U.S. economy in hopes of keeping it afloat long enough to outlast the coronavirus pandemic.
It's likely to be a frustrating tax season, deputy treasury secretary says
The understaffed and overworked Internal Revenue Service is bracing for difficulties. COVID-19 relief, child tax credits and a backlog of 2020 returns will only complicate matters.
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5:29
'Black is Beautiful' photographer Kwame Brathwaite has died at 85
Kwame Brathwaite spent some six decades chronicling Black life, culture and activism. He's credited with helping found the "Black is Beautiful" movement.
Bailing out Bear Stearns
J.P. Morgan bought its collapsing rival Bear Stearns after the Federal Reserve intervened. The Fed took several unusual moves, including approving the purchase over the weekend instead of waiting until a March 18 scheduled meeting.
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0:00
Nearly 71 Million People Forcibly Displaced Worldwide As Of 2018, U.N. Report Says
The record number headlined the U.N. High Commissioner for Refugees' annual "Global Trends" report published Wednesday, just a day before World Refugee Day.
Banks Come Under Fire For Filling In The Payday Loan Gap
Federal regulators are cracking down on banks that are offering services called deposit advances. Many argue that the service is the same as payday loans and could lead consumers into a cycle of debt.
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6:04
Farmers Got A Government Bailout In 2020, Even Those Who Didn't Need It
Total payments to farmers reached $46 billion, a record. Many received more than $100,000, yet didn't necessarily need the help.
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4:06
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