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Google wants to be your new bank

Google promises that they will not sell the account holders' financial data. Instead, this is meant to add value to customers, stores and banks even with services such as loyalty programs. In a talk with the Wall Street Journal the company's Caesar Sengupta also pointed it out as a way to further digitize the banking world. "If we can help …

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Robinhood's "infinite money" error shows the dangers of making investments a game, says an expert

Reuters / Jason Redmond Dr Cesar Albarran-Torres is a lecturer in Media and Communication at Swinburne University of Technology in Australia. He says Robinhood's "infinite money" error – which allowed premium users to borrow seemingly endless amounts of cash and make thousand-dollar deposits into million-dollar positions – showed the dangers of making investments a game. "The infinite influence feature of …

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Four-wheel drive Toyota Camry sedan returns to battle SUVs

Toyota's tear gas system designed to smoke out car thieves Toyota has applied for a system that can fill a car cabin with a custom scent based on a driver's personal profile, or release an immobilizing tear gas if it detects someone trying to steal the car. The pressure box can be integrated into the ventilation system to be released …

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Major Chesapeake investor distributed ownership to partners; Shares + 18% – Chesapeake Energy Corporation (NYSE: CHK)

Chesapeake Energy (NYSE: CHK) states that the second largest investor, NGP Energy Capital Management, "made a natural pro rata distribution of the shares" to partners in the funds. CHK gave no further clarification in the statement after yesterday's closing, but the sale of NGP's 310.8M shares may provide at least a partial explanation for the stock's fall in precipitation in …

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US consumer prices rise most in 7 months at higher gasoline prices

Getty Images Consumers paid more for gasoline and medical treatment in October, but inflation was low for most goods. Figures: Americans paid higher prices for gasoline, medical treatment and recreation in October, but inflation remained broadly low and fairly stable. The consumer price index jumped 0.4% in October, with energy accounting for more than half of the increase, the government …

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5 things to know before the stock market opens November 13, 2019

1. Dow to fall when US-China concerns creep back Traders are working on the floor of the New York Stock Exchange (NYSE) on August 23, 2019 in New York City. Eduardo Munoz Alvarez | Getty Images U.S. stock futures pointed to about a 100-point fall for the Dow Jones Industrial Average at Wednesday's Wall Street opening. Dow closed unchanged Tuesday …

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US Consumer Price Index October 2019 rises more than expected

U.S. consumer prices rebounded more than expected in October, and underlying inflation picked up, which coupled with reduced trade tensions and fears of a recession support the Federal Reserve signal of no further short-term interest rate cuts. The Labor Department said on Wednesday the consumer price index rose 0.4% last month as households paid more for energy products, health care, …

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