Finance

Coinbase is a popular option for buying bitcoin and other cryptocurrencies. Todd Haselton | CNBC Watch out social media, finance apps are becoming a more popular form of entertainment on people’s phones. Trading platforms Robinhood and Coinbase grabbed the top two spots in Apple’s app store this week as Americans turn their attention to stock
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Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Cryptocurrencies are largely for making bets on price increases and haven’t reached the status of payment mechanisms yet, Federal Reserve Chairman Jerome Powell said Wednesday. “They’re really
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Federal Reserve Chairman Jerome Powell Kevin Lamarque | Reuters Despite what he sees as a rapidly recovering economy, Federal Reserve Chairman Jerome Powell on Sunday reaffirmed the central bank’s commitment to keep loose monetary policy on place. That includes a statement of near-certainty that interest rates won’t be going anywhere as inflation remains tame and
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JPMorgan building in New York. Scott Mlyn | CNBC JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts, CNBC has learned. The company said that 18% of its corporate and investment bank summer
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U.S. stock futures moved higher in overnight trading on Thursday after the S&P 500 notched a fresh record in the regular session. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.17%. The major averages rose on Thursday, bolstered by gains in technology stocks. The Dow Jones Industrial
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