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Things worth reading: 30th March 2020

Chris Skinner

Things we’re reading today include … Jeff Bezos sold $3.4bn of Amazon stock just before Covid-19 collapse Dozens of poorer nations seek IMF help amid coronavirus crisis ECB tells euro zone banks to skip payouts as virus hits economy ‘Hell is coming’: how Bill Ackman’s TV interview tanked the markets … The post Things (..)

National 233
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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

built an index around this, and it shows that since early 2023, the number of workers in these buildings has hovered between 60% and 70% of the level of activity seen before the pandemic in February 2020. If you add these metrics, office attendance has stabilized nationally and started to trend higher in 2024.

Lending 195
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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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Sales Of Existing US Residences Hit Record High In 2020

PYMNTS

The National Association of Realtors® (NAR) said on Friday (Jan. percent increase from $274,500 in December 2019. “Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,” NAR Chief Economist Lawrence Yun said in the release.

US 147
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Feedzai Reports 44 Pct Increase In First Half Of 2020

PYMNTS

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher.

Bitcoin 258
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Western Union: Emerging Market GDP, Innovation Depend On Remittances

PYMNTS

They have provided critical support for those developing markets during the pandemic and will continue their importance after the pandemic is in the rearview mirror, a report by Oxford Economics , commissioned by Western Union , has found. increase in final gross domestic product (GDP) in the recipient country.