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Credit Scores Without Debt? Fintech Cards Baffle Credit Industry
So-called credit-builder cards let users deposit money to pay bills. The fintechs say this counts as borrowing. The companies that create credit scores and reports aren’t so sure.
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Eurozone Government Bond Yields Seen Range-Bound Until Friday’s Data
Euro rates will likely wait for Friday’s eurozone unemployment and inflation numbers for direction and thus the Bund curve should remain fairly range-bound until then, ING said.
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Singapore Dollar Weakens Amid Cautious Mood
The Singapore dollar weakened against the USD during the Asian session amid a cautious mood.
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Prudential PLC Operating Profit Rose in First Half
Prudential PLC reported higher adjusted operating profit in the first half of the year on higher profits from its insurance and asset-management businesses.
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Bank of Japan Deputy Governor Reaffirms Readiness for More Rate Hikes
Bank of Japan Deputy Gov. Ryozo Himino has backed the case for further interest-rate hikes if the economy and prices grow as expected, echoing recent comments from the central bank’s chief.
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Lawsuits Surge Over Election Rules and Who Gets to Vote
Democrats are challenging new certification rules in Georgia, while Republicans are launching efforts to target voter-registration procedures in Arizona and North Carolina.