Payday Loan Mogul Trades Ferrari-Racing Life for Prison Term

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Scott Tucker says he’s a pioneering self-made somebody who, without a college degree, founded successful firms in a variety of fields and contributed thousands of millions of dollars to the U.S. economy. A magistrate says he’s an unrepentant fraud and convicted him to almost 17 years in prison. The disgraced payday credit mogul, better known […]

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BOE Raises Interest Rate for First Time in More Than Decade

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Bank of England policy makers raised interest rates for the first time in a decade, yet expressed concern for Britain’s Brexit-dented economy by was noted that another advance isn’t imminent. Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percentage from 0.25 percent. The […]

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Fed Signals December Hike On Track a Day Before Trump Announces Next Chair

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Federal Reserve bureaucrats strengthened expectations for a December interest-rate increase by subtly improving their assessment of the U.S. economy, a daytime before President Donald Trump plans to unveil his preference to conducted the U.S. central bank. ” Economic act has been rising at a solid charge despite hurricane-related stoppages ,” the Federal Open Market Committee […]

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