Google has agreed to pay more than $1 billion in fines and taxes to the French government. (Photo by Lyu Liang/VCG via Getty Images) VCG via Getty Images Big tech’s days are numbered. Yesterday, Google agreed to pay over $1 billion in fines and taxes to French authorities, settling a dispute over a financial fraud
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Alex Fenkell, co-founder of SmileDirectClub Inc., center left, and Jordan Katzman, co-founder of SmileDirectClub Inc. center right, celebrate during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019. Michael Nagle | Bloomberg | Getty Images SmileDirectClub rose more than 8% in midday trading Friday, recovering
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Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters The Federal Reserve is expected to cut interest rates by a quarter point on Wednesday, but what it says about its future plans will determine whether stocks
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Apple disputed the negative call by Goldman Sachs on Friday, which hit the stock, taking issue with the firm’s negative characterization on how Apple would account for its new TV+ service. Goldman said that the one-year free trial of the TV+ service would have a “material negative impact” on earnings by showing lower hardware profit
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There’s no secret that student loan debt is one of the biggest financial anchors ever. At $1.6 trillion and counting, even if you’re out of work or lose your home, you still are saddled with student loans. Even bankruptcy can’t vanquish them, thanks to some effective lobbying by the banking industry. There’s more. Student loans
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