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Posts Tagged ‘Credit’
Credit Suisse Shares Soar After Central Bank Aid Announced
GENEVA (AP) — Credit Suisse’s shares soared 30% on Thursday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe. It was a massive swing from a day […]
European bank stocks plunge, dragged down by Credit Suisse
On the Paris stock exchange, French bank Société Générale fell by 10.6% and BNP Paribas by 10.3% – marking the biggest decline in the session since 24 February 2022 for Société Générale and since 16 March 2020 for BNP Paribas. Source
Credit Suisse Unease Sparks Fresh Selloff in World Stocks
LONDON—Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader European shares sliding once more. Signs of calm and stability in banking stocks, that have tanked in the past week, following the collapse of […]
Fauci Jealous As China Getting All The Credit For Creating COVID
WASHINGTON, D.C. — According to several unnamed sources, Dr. Anthony Fauci has grown increasingly irritated as China appears to be getting blamed for creating COVID-19 — an accomplishment for which Fauci believes he deserves at least partial credit. Source
Gun Shops And Customers Claim Credit Card Firms “Restrict” Firearm Purchases
In September, Visa, Mastercard, and American Express all said they would adopt the MCC code to categorize sales at gun shops; months later, several social media posts of alleged gun stores and customers claim they experienced card issues. Twitter account “Battlecock Tactical” tweeted, “Federal Firearms License [gun shop] in a Facebook group shared this. Looks […]
A Brief on Credit Suisse and Credit Suisse Values
One of the oldest financial institutions in the world, Credit Suisse has a turnover of $22.65 billion, and is the second-largest bank within the Swiss banking system. It provides a wide range of financial services through its two main private and investment banking divisions. The banking giant has recently come into the spotlight after a […]
Canadian Bank Launches Credit Card Linked to Carbon Emissions
A bank in Canada has become the first in the country to launch a credit card that tracks a customer’s carbon emissions, amid concerns that such a scheme could one day be used to restrict purchases. In an effort by the credit union to display its commitment to ‘climate action’, Vancity will offer a credit […]
Credit Card That Can Track Carbon Emissions, Launched By Canadian Bank
A Canadian bank has launched a credit card that can track a customer’s carbon emissions. Vancity is offering a credit card that links purchases to carbon emissions and allow customers to compare their monthly carbon […] The post Credit Card That Can Track Carbon Emissions, Launched By Canadian Bank appeared first on News Punch. Source
Right Wing Round-Up: All the Credit, None of the Blame
Adrian Blanco, Daniel Wolfe and Amy Gardner @ The Washington Post: Tracking which 2020 election deniers are winning, losing in the midterms. Christopher Mathias@ HuffPost: Waiting For God At Doug Mastriano’s Election Night Watch Party. Kate Riga @ Talking Points Memo: Lauren Boebert Unexpectedly In The Fight Of Her Life For Reelection. Li Zhou @ […]
Adidas Ends Partnership With Kanye Amid ‘Anti-Semitism’ Accusations, ADL Takes Credit For ‘Pressure’ Campaign
Adidas announced on Tuesday morning that they’re formally ending their partnership with Ye, formerly known as Kanye West, for violating their company’s “values of diversity and inclusion.” Source
Gun Control Group Wants Credit Card Companies to Flag Firearm Purchases
A gun control advocacy group is seeking to make credit card companies flag “suspicious purchases” of firearms, suggesting that restricting such activities might end up saving lives. “The shooters in at least five mass shootings have stockpiled guns and ammo using credit cards and killed 145 people. @Visa, @Mastercard, @americanexpress have the power to flag […]
Gabby Giffords’ Gun Control Groups Ask Major Credit Cards to Flag Gun, Ammo Purchases
Gabby Giffords’ gun control group, Giffords, is calling on major credit card companies to flag gun and ammunition purchases. Giffords posted a tweet Sunday, which said, “The shooters in at least 5 mass shootings have stockpiled guns & ammo using credit cards and killed 145 people. Visa, Mastercard, and American Express have the power to flag […]
Gabby Giffords’ Gun Control Groups Ask Major Credit Cards to Flag Gun, Ammo Purchases
Gabby Giffords’ gun control group, Giffords, is calling on major credit card companies to flag gun and ammunition purchases. Giffords posted a tweet Sunday, which said, “The shooters in at least 5 mass shootings have stockpiled guns & ammo using credit cards and killed 145 people. Visa, Mastercard, and American Express have the power to flag […]
A tax credit was meant to help marginalized workers get permanent jobs. Instead it’s subsidizing temp work.
The government gives hundreds of millions of dollars in Work Opportunity Tax Credits to temp agencies, even if the jobs they offer don’t lead to permanent employment. Source
“Suitcases Full Of Drug Money”: Credit Suisse Found Criminally Guilty in Money-Laundering Case Tied to Cocaine Ring
Another day, another dismal development for the 2nd largest (but most damned) Swiss bank. On Monday, Credit Suisse Group was convicted of failing to prevent money laundering by a Bulgarian cocaine trafficker, in the first ever criminal conviction of a major Swiss bank in the country’s history. The verdict, in which a former relationship manager at the […]
CNN’s Toobin: 1/6 Hearing ‘More Like an Harrison Ford Movie’ — Pence ‘Deserves a Lot of Credit’
CNN legal analyst Jeffrey Toobin said Thursday on his network’s special coverage of the hearing held by the House Select Committee investigating January 6 that today’s installment was like a Harrison Ford movie.
Serious Credit Warning Issued For Millions Of iPad, iPhone Users
Beta code from the first release of iOS 16 has already leaked a new HomePod and a potentially exclusive iPhone 14 Pro upgrade, but it also contains a feature users have been warned about using. Posting on The Conversation, Rajat Roy, Associate Professor of the Bond Business School, Bond University, has warned iPhone and iPad […]
Serious Credit Warning Issued For Millions Of iPad, iPhone Users
Beta code from the first release of iOS 16 has already leaked a new HomePod and a potentially exclusive iPhone 14 Pro upgrade, but it also contains a feature users have been warned about using. Posting on The Conversation, Rajat Roy, Associate Professor of the Bond Business School, Bond University, has warned iPhone and iPad […]
Credit Unions and Banks Will Go Down Like Dominoes if a U.S. Federal Reserve Bank Digital Currency is Created
Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency By Pam Martens and Russ Martens: May 31, 2022 ~ Credit union and banking trade groups have released a joint letter to the chair and ranking member of the House Financial Services Committee, warning of “devastating consequences” if the Federal […]