United States

Your network is equal to your net worth: Soon, Facebook can approve loans based on your friends' credit scores

Facebook patented a social network system that could advance search results, identify spam messages and sort offensive topics. It could also distinguish if a potential borrower is capable of paying debts through the user's network connections.


Look forward to your retirement: Some tips on how to retire smarter

Retirees typically are concerned with their income and safety when old age comes. And while there are plenty of retirement investments to choose from, choosing one can be confusing and not to mention daunting. Finance experts consider market investments a better choice for a safer retirement than insurance products.

White House hosts first-ever Demo Day for startups; KIND founder Daniel Lubetzky invested $3M on three startups owned by women

Daniel Lubetzky, Presidential Ambassador for Global Entrepreneurship and KIND CEO is investing $3M on three startups; EatPops, 479 Degrees, and GimMe Health Foods.

IMF review recommends delaying currency basket adoption of yuan

The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end the Chinese currency's chances of an early inclusion.


Latest News

Ambitious as it may seem, New Yorkers are not impressed with Governor Andrew Cuomo's plan to redesign the city's battered and poorly-maintained La Guardia Airport.
The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.
In an interview, the CEO of $2.4B worth Slack app and Flickr co-founder, Stewart Butterfield, admitted he is a 'terrible manager'.
Gravity Payments and CEO Dan Price made the headlines over three months ago after an announcement was released within the company, stating that the minimum wage for its 120-member staff will be raised to a staggering $70,000 within a three-year period. Not only the company staff but the whole world took notice and cited the move as humane and revolutionary.
The Match Group, operators of the dating app Tinder and matchmaking websites Match.com and OkCupid along with several others, is headed for an initial public offering. This was revealed by Barry Diller, Chairman and Senior Executive of InterActiveCorp (IAC), who owns the business unit.
Since 2009, the University of Phoenix has received $488 million from its online programs that are popular to military veterans with GI Bill benefits. The Federal Trade Commission is investigating the University for unfair and deceptive practices involving veteran students.
Chime Communications plc shares on London Stock Exchange (LSE) soared to 361 pence per share on Thursday as the board approved the GBP365 million takeover offer from Providence Equity Partners and WPP.
John Swan & Sons' shares went up by 15 percent prior to H&H Group's £8.2m acquisition, about 1,350p per share of the livestock business.
Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.
Barclays Plc (BARC.L) is cutting about 150 staff from its investment bank as part of the British bank's attempt to cut costs and improve profitability in the business, a person familiar with the matter said.
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