Consumer credit stress at this level has a second-order effect: it drives millions of borrowers into actively trying to improve their scores. IBISWorld estimates that the consumer credit services industry now generates $6.8 billion annually, a figure that keeps growing alongside delinquency rates.
Source: https://www.benzinga.com/Opinion/26/03/51486074/credit-stres…
CRISPR Therapeutics has figured out a way to successfully repair genetic code. Monetizing this know-how is the next step.
Four billionaires loaded up on Google parent Alphabet in Q4. Three billionaires added significantly to their stakes in Amazon.
Alphabet’s advertising business provides it with plenty of money to invest in Google Cloud. Amazon has a 40% market share in e-commerce in the U.S. Buffett has trimmed Berkshire Hathaway’s stake in Apple, but it still makes up 21% of the conglomerate’s portfolio.
