Chinese consumers conduct 11 times more mobile payments than their counterparts in the United States, so as we look to the future of digital wallets, China is a natural place to start. Forecasts for mobile payment adoption in the United States remain flat for now; however, two major brands – WeChat and AliPay – offer […]
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President Donald Trump on Sunday officially signed the second COVID-19 relief and government stimulus bill, after a back-and-forth with Congress on the amount of money that will be sent directly to consumers. The $2.3 trillion bill gives $600 in direct payments to each adult making less than $75,000, with a reduced amount for those making […]
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Stephens Inc. CEO Warren Stephens continues to expand his “This is Capitalism” video series, a digital effort he started to respond to the 2016 Presidential election cycle. Stephens said he was alarmed by how well Sen. Bernie Sanders, I-Vt., a declared socialist, did in the race and wanted to remind younger voters that capitalism has […]
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The passage of Proposition 19 in California — which will generate wildfire relief funds while providing tax breaks for senior citizens — was a victory for the California Association of Realtors, which lobbied for its passage and put real dollars behind the effort. The bill is expected to add $2 billion to California’s coffers […]
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The U.S. Senate might vote on tax reform later this week, but the U.S. House of Representative’s tax plan that recently passed might not mean as much for small businesses as compared to larger corporations. Yet, the House plan has the support of trade organization American Trucking Associations, which recently praised approval of the plan. […]
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Springdale-based Tyson Foods will hold its annual shareholder meeting Thursday (Feb. 8) morning at its new offices on Emma Avenue in downtown Springdale – near the spot where the company was once headquartered. Investors and company execs have plenty to celebrate behind CEO Tom Hayes’ first year at the helm. It’s the 83rd birthday for […]
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The relationship between millennials and the concept of “entrepreneurship” is nuanced and complex. Millennials clearly value entrepreneurship, and 67% of this group says that their goals involve eventually starting a business. Statistics show that millennials are always “on”, motivated to make a difference, and consider flexible hours to be a key to boosting productivity. Unfortunately, […]
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Visualizing Job Growth in Top Tech Markets in North America The Chart of the Week is a weekly Visual Capitalist feature on Fridays. The tech boom is here, and it’s heating up. Over the past decade, the tech industry has created more than 1 million jobs across the United States. Between 2010 and 2017, […]
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Little Rock-based financial services firm Stephens Inc. has acquired the restructuring advisory business of Blackhill Partners in Dallas to lead the firm’s new North American restructuring advisory business. Financial terms of the deal were not disclosed “We have experienced a strong appetite for restructuring expertise in our Stephens Europe Limited operation, and the addition of […]
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Mark Calabria, director of the Federal Housing Finance Agency, said he’s willing to wipe out Fannie Mae and Freddie Mac shareholders if needed to protect taxpayers from another bailout. “I’m working for the taxpayers,” Calabria said during testimony Tuesday to the House Financial Services Committee. “If the circumstances present themselves where we have to […]
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