Is a Recession Coming in 2019 or 2020? Or Are We Talking Ourselves Into One?

When the bond market showed an inverted yield curve in late August, the stock market sold off 800 points in a day. When President Trump announced new tariffs on China, which retaliated with its own tariffs, the stock market trended downward and talk started about an impending trade-war recession. Meanwhile, in a world where they
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Can we financially engineer our way out of climate change and polluted oceans? Maybe not, but financial innovation is emerging as a popular tool to help in the race to protect the planet. Last year, the market for “green bonds,” a decade-old asset class that funds environmentally friendly projects, reached a record $163.7 billion, up
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Want to buy American when it comes to your next ride? The latest version of Cars.com’s annual list of the most “American” cars assembled in the U.S. came out on Tuesday. But you may be surprised how little it takes to be considered really American: just 55% of the total value of the car parts
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We’re already halfway through the year, and a number of tech startups finally made their public market debut — Uber, Lyft, Zoom, Pinterest, PagerDuty, Beyond Meat, CrowdStrike, and most recently, Slack. I caught up with Mark Mahaney, managing director at RBC Capital Markets to talk about the state of the IPO market as part of
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To thrive in the digital age, big banks need a two-pronged approach that spans the traditional and the new: a broad physical branch network that caters to Baby Boomers and a robust online (and mobile) presence for Generation X and Millennials. Sure, financial technology—or “fintech”—disrupters will pick their spots and target specific channels such as
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With protestors clamoring outside the 9th Century Vatican walls last week, a collection of the world’s largest oil and gas companies and investment funds vowed to adhere to the Paris Agreement and to do their part to transition the planet to a low-carbon future, a move that one preeminent climate scientist calls a game-changer. The
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From Cuba to Japan, nuisance robocalls are a reality the world over, costing telecommunications firms between $30 billion to $40 billion annually. But one country stands out. “About 75% of robocalls originate in the United States,” says Jim Tyrell, Senior Director of Product Marketing for Transaction Network Services, a Reston, Va., telecoms networking security firm.
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INVESTING IN LIBRA Well, here’s a financing you don’t see every day. Visa, Uber, Mastercard, PayPal and Stripe will invest approximately $10 million each in a consortium to back Facebook’s new cryptocurrency, according to The Wall Street Journal. Although the project is still largely under wraps, Facebook has been recruiting high-profile backers to help start
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The fast-growing market for meat alternatives has a surprising new player: Tyson Foods. Tyson, one of the world’s largest meat producers, will begin selling nuggets made from pea protein at grocery stores this summer. A blended burger made from beef and pea protein will follow this fall. Both will be sold under a new brand,
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Really, helicopters? Some investors were less than thrilled as Uber announced plans to launch a helicopter service called Uber Copter, with rides reportedly commencing July 9. The aerial service will be available to customers with Diamond and Platinum memberships to fly between Lower Manhattan and John F. Kennedy International Airport—setting them back about $200 to
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