by Takeesha Wade | Jan 7, 2021 | News
Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017.David A. Grogan | CNBCConsumers have been sitting at home for months and months, and without typical things to spend money on, assets in bank accounts are growing. And...
by Takeesha Wade | Jan 7, 2021 | News
American Express shares fell after the Wall Street Journal reported that the investigative arms of three U.S. financial agencies were probing the card issuer’s sales practices.Shares of the company dipped 1.3% Thursday after falling as much as 5% earlier.The...
by Takeesha Wade | Jan 7, 2021 | News
Uber driver picking up customer.Al Seib | Los Angeles Times | Getty ImagesSelf-employed and gig workers applied for unemployment benefits last week at half the level from the week prior, according to Labor Department data reported Thursday.That suggests a strong...
by Takeesha Wade | Jan 7, 2021 | News
Chamath Palihapitiya speaking at the 23rd Annual Sohn Investment Conference in New York City on April 23, 2018.Heidi Gutman | CNBCOnline finance start-up SoFi is set to go public by merging with a blank-check company run by venture capital investor Chamath...
by Takeesha Wade | Jan 7, 2021 | News
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010.Simon Dawson | Bloomberg via Getty ImagesLONDON — Mambu is the latest financial technology company to achieve the coveted status of “unicorn.”Headquartered in Berlin,...