30 May, 2017 by The TZ Newswire Staff Comments Off on Fed’s Kaplan sees two more rate hikes in 2017
Fed’s Kaplan sees two more rate hikes in 2017
Dallas Fed head Kaplan speaking to CNBC 30 May
– concerned about recent data
– balance sheet should be substantially less than it is today
– still believe US GDP can grow 2% this year
There’s a few been echoing that last one for years, and getting burnt.
30 May, 2017 by The TZ Newswire Staff Comments Off on Medical Tourism Explodes For Wealthy Chinese Patients
Medical Tourism Explodes For Wealthy Chinese Patients
While healthcare availability is a topic of great debate in the United States, the quality of healthcare on offer is generally not. So when Chinese citizen Guo Shushi’s stomach cancer was incurable in China and quickly killing him — Guo, with the help of a company that specializes in helping Chinese customers seek medical treatment abroad, was in Dana Farber in Boston being treated with an immunotherapy drug not currently available in China.
“When I arrived, I could feel how large the gap was,” said Mr. Guo of the difference in care.
30 May, 2017 by The TZ Newswire Staff Comments Off on First Data To Buy CardConnect For $750M
First Data To Buy CardConnect For $750M
As of yesterday, First Data has officially agreed to acquire rival payment processor CardConnect for around $750 million. The deal will reportedly be covered mostly in cash — and will include the repayment of CardConnect’s debt.
This buy represents First Data’s biggest acquisition since going public in 2015.
30 May, 2017 by The TZ Newswire Staff Comments Off on Russian Banks Launch FinTech Lab Incubator
Russian Banks Launch FinTech Lab Incubator
Mastercard announced Monday (May 29) that Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to mentor and guide through the program.
30 May, 2017 by The TZ Newswire Staff Comments Off on Home Security Startup Deep Sentinel Sees $7.4M Series A
Home Security Startup Deep Sentinel Sees $7.4M Series A
Home security technology startup Deep Sentinel recently announced the close of a $7.4 million Series A venture funding round led by Shasta Ventures, with participation from Bezos Expeditions, Lux Capital and UP2398.
Funding leader Shasta Ventures has a history of investing in home security technology hardware like Nest (before it was acquired by Google).
30 May, 2017 by The TZ Newswire Staff Comments Off on Consumer Credit Scores Hit Record High
Consumer Credit Scores Hit Record High
Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who have the riskiest credit profile hit a record low.
30 May, 2017 by The TZ Newswire Staff Comments Off on Google Launches AI Fund
Google Launches AI Fund
Google has reportedly rolled out a new venture capital fund focused on artificial intelligence.