Target hit by nationwide payment outage

© Reuters. Customers wait at a Target store after a computer glitch prevented customers from checking out, in Plymouth Meeting By Ishita Palli (Reuters) – Target Corp (NYSE:) on Saturday said it was working on a problem that prevented customers in the United States from paying for their purchases. Media reports said the problem had…

This Is A Crucial Moment In Market History

“While it would be unfair to say that either the Fed or the market is clueless, no one is sure whether we are facing the definitive downswing in the current economic cycle, or another mini-pause.” That’s from a short Friday note by SocGen’s Kit Juckes, who was weighing in on Paul Tudor Jones’s suggestion that…

Lena Dunham’s new show is about ‘international finance’ — and the internet has thoughts

Who runs the world of international finance? Well, now it’s “Girls!” Lena Dunham is directing and executive producing a new, eight-part HBO series called “Industry,” the actress and director tweeted on Friday, which will feature a group of twentysomethings competing for positions at an investment bank in London. Dunham described it as “The Wolf of…

Evaluating Stock Sectors’ Tail Risks Amid Rising Trade Tensions

Trade tensions have been on the rise since January 2018 as the US has targeted various trading partners including China, Europe, Mexico, and Canada. Certain sectors and industries are reliant upon the trading partners as export markets; others are reliant on imports from these trading partners. Trump’s trade wars have caused notable downturns in the…