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Your subscription to the Evening Brief newsletter is free, but chances are good that you have a slew of other subscriptions that are tapping your bank account each month.
Eighty-four percent of Americans underestimated their monthly subscription expenses, according to a report from Waterstone Management Group.
Digital payments just don't command as much attention as bills leaving your wallet. They also represent a great opportunity for tech companies to become banks. CNBC's Kate Rooney writes about a Bain survey that shows most people want to do banking on their digital devices. "It has become increasingly clear that consumers would much rather just do their banking digitally than talk to a human being," said Bain consultant and partner Gerard du Toit.
This is why companies including Google, Facebook and Apple as well as Tencent and Alibaba are all getting involved in digital payments and banking. And it's why upstarts like Robinhood can break into the online brokerage business.
The market rally slowed a bit on Monday, yet tiny intraday gains led to incremental new highs in the major indexes. The market's moves still appear to hinge on often contradictory trade headlines between the White House and Chinese sources.
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Senin, 18 November 2019
Rally fades a bit | How much do your subscriptions cost? | Trump meets Powell
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