New numbers show that the U.S. economy “picked up speed last quarter,” expanding 1.6% in the first three months of the year [for an annualized 6.4%], as a mix of stimulus money and falling unemployment helped power consumer...more
4/30/2021
/ Abuse of Power ,
Anti-Competitive ,
Apple ,
Biden Administration ,
Big Data ,
Big Tech ,
Boeing ,
China ,
Coronavirus/COVID-19 ,
Economic Growth ,
EU ,
Federal Funding ,
Financial Services Industry ,
Infectious Diseases ,
Infrastructure ,
Mobile Apps ,
Music Streaming ,
Payment Terms ,
Renewable Energy
JPMorgan is preparing to finalize a deal with federal prosecutors and regulators in which the bank would pay nearly $1 billion to “settle civil and criminal charges that its traders rigged futures and securities markets”...more
9/24/2020
/ App Store ,
Apple ,
Big Data ,
China ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
E-Commerce ,
Electric Vehicles ,
EPIC ,
Facebook ,
Financial Markets ,
Food Supply ,
Futures ,
Global Warming ,
Google ,
Infectious Diseases ,
JPMorgan Chase ,
Mars ,
Mobile Apps ,
Oracle ,
Race Discrimination ,
Race Relations ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Spoofing ,
Spotify ,
Stock Prices ,
TikTok ,
Tinder ,
Trump Administration ,
Twitter ,
Wal-Mart ,
Wall Street ,
Wells Fargo
The latest on the potential Oracle/TikTok deal includes news that the Treasury Department has added requirements addressing “how TikTok’s data and source code would be handled and secured” to any potential deal that the...more
9/18/2020
/ Anti-Money Laundering ,
Big Data ,
Blue Bell Creameries ,
BSA/AML ,
China ,
Data Collection ,
Data Management ,
E-Commerce ,
EU ,
European Commission ,
Federal Reserve ,
Financial Markets ,
Food Contamination ,
Google ,
Interest Rate Adjustments ,
Listeria ,
MetLife ,
Mobile Apps ,
National Security ,
Social Media ,
Stock Prices ,
Telecommuting ,
TikTok ,
Trump Administration ,
Unemployment ,
Wal-Mart
In January 2017, Alibaba co-founder Jack Ma was proudly promising to create 1 million jobs in America—a heady promise but one not unthinkable given Alibaba’s massive scale. Fast forward 20 months and a growing Sino-American...more
9/21/2018
/ Alibaba ,
Anti-Money Laundering ,
Banking Sector ,
Bear Sterns ,
Big Data ,
CBS ,
CFTC ,
Competition Authorities ,
Corporate Bonds ,
Data Collection ,
Data-Sharing ,
Email ,
Financial Crimes ,
Financial Institutions ,
Google ,
Initial Public Offering (IPO) ,
Job Creation ,
JPMorgan Chase ,
Kokesh v SEC ,
Market Manipulation ,
Money Laundering ,
NYSE ,
On-Demand Services ,
Payment Processors ,
PayPal ,
Privacy Concerns ,
Resignation ,
Securities and Exchange Commission (SEC) ,
Severance Pay ,
Sexual Harassment ,
Spoofing ,
Uber ,
UK ,
Wells Fargo ,
White Collar Crimes
The Journal is breaking news this morning that American Express has been raising forex prices on customers for years “without notifying customers in a bid to boost revenue and employee commissions”....more
7/30/2018
/ Agricultural Sector ,
American Express ,
Big Data ,
CBS ,
China ,
Class Action ,
Comcast ,
Commodities ,
Deutsche Bank ,
Disney ,
Facebook ,
Farms ,
Fast-Food Industry ,
Financial Crisis ,
Forex ,
Fox Broadcasting ,
GDP ,
Interest Rate Adjustments ,
Investment Banks ,
Market Manipulation ,
McDonalds ,
Securities Fraud ,
Sexual Harassment ,
Stock Drop Litigation ,
Stock Prices ,
Tariffs ,
Trade Relations ,
Trade Retaliation ,
US Trade Policies
New York’s Department of Financial Services has reached an agreement with Deutsche Bank that will see the German firm pay $205 million as part of a settlement to resolve state banking law violations over its Forex operations....more
6/21/2018
/ Airlines ,
Amazon ,
Antitrust Provisions ,
Aviation Industry ,
Berkshire Hathaway ,
Big Data ,
China ,
DaimlerChrysler ,
Data Breach ,
Deutsche Bank ,
Disney ,
Forex ,
Hackers ,
Healthcare ,
Initial Public Offering (IPO) ,
JPMorgan Chase ,
NYDFS ,
Privacy Concerns ,
Real Estate Market ,
Tesla ,
Trade Relations ,
US Trade Policies
FinCEN is extending its campaign to press title insurance companies to reveal the real buyers behind shell companies that pay cash for high-end real estate deals in select cities around the country....more
2/24/2017
/ Anti-Money Laundering ,
Beneficial Owner ,
Big Data ,
BSA/AML ,
Capital One ,
Cash Transactions ,
China ,
Department of Justice (DOJ) ,
Driverless Cars ,
Financial Institutions ,
Financial Markets ,
FinCEN ,
Google ,
Intellectual Property Protection ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Money Laundering ,
Patents ,
Real Estate Investments ,
Securities and Exchange Commission (SEC) ,
Shell Corporations ,
Stock Markets ,
Technology ,
Technology Sector ,
Title Insurance ,
Trump Administration ,
Uber
By volume, December wasn’t an incredible month for US jobs. But the report did help cap a year that saw average hourly earnings rise 2.9%—the best since 2009 and a “turning point for the overall economy,” according to one...more
1/9/2017
/ Amazon Marketplace ,
Apple ,
Automotive Industry ,
Big Data ,
Bond Markets ,
China ,
Corporate Bonds ,
Criminal Prosecution ,
Cybersecurity ,
Cybersecurity Framework ,
Economic Development ,
Environmental Violations ,
Facebook ,
FBI ,
Federal Register ,
Financial Institutions ,
Germany ,
Google ,
Insurance Industry ,
Job Creation ,
Liquidity ,
Microsoft ,
National Emissions Standards ,
NYDFS ,
Regulatory Oversight ,
Volkswagen ,
White Collar Crimes
Lynn Tilton’s very public spat with the SEC over the agency’s in-house court system may be heading to the Supreme Court, thanks in part to a recent 10th Circuit opinion last week that created a Circuit split over the...more
1/4/2017
/ Administrative Proceedings ,
Appointments Clause ,
Big Data ,
Bitcoin ,
China ,
Constitutional Challenges ,
Credit Cards ,
Digital Currency ,
Enforcement Actions ,
Fast-Food Industry ,
Federal Reserve ,
Foreign Currency ,
Foreign Debt ,
Investment ,
Retailers ,
Securities and Exchange Commission (SEC) ,
Stocks ,
Virtual Currency
The bond market seems to have a pretty good guess of things to come, at least. The bond market lost more than $1 trillion in value last week, and 30-year US bond yields rose the most since January 2009—all in anticipation of...more
11/14/2016
/ AT&T ,
Banks ,
Big Data ,
Bonds ,
Enforcement Actions ,
False Claims Act (FCA) ,
Federal Reserve ,
Financial Institutions ,
Financial Markets ,
Mergers ,
Pensions ,
Presidential Elections ,
Presidential Nominations ,
Securities and Exchange Commission (SEC) ,
Time Warner ,
Trump Administration ,
Wells Fargo ,
Whistleblowers
One of the big themes running through the Fed’s Jackson Hole conference that wrapped last weekend: whoa, there. Just take it easy. It’s time for legislatures to kick government spending into high gear—not for central...more
Major oil-producing countries failed to reach an agreement to cap production at meetings held this weekend at Doha. Expect markets not to take this news well – WSJ and Bloomberg...
IPOs have been down—way down—in the...more
4/18/2016
/ Big Data ,
Citigroup ,
FHFA ,
Financial Institutions ,
Housing Market ,
Initial Public Offering (IPO) ,
McGraw Hill ,
Oil & Gas ,
RBS ,
RMBS ,
Verizon ,
Yahoo!
It’s Jobs Report Friday. The Journal suggests that it may again be millennials’ time to shine (especially after scoring 421,000 jobs in January) – WSJ...
And while we’re talking US jobs, a recent Federal Reserve working...more
The more than six billion mobile devices in use worldwide offer companies access to a possible treasure trove of customer information in almost every consumer segment. These devices now create a constant stream of data—from...more
6/20/2014
/ ATDS ,
Best Management Practices ,
Big Data ,
Data Protection ,
Enforcement ,
Mobile Apps ,
Mobile Devices ,
Popular ,
Privacy Policy ,
Risk Management ,
TCPA ,
Text Messages