Steel Hub’s Comeback Preceded Trump, but He Benefits

BETHLEHEM, Pa. — Just a few blocks from the rusted 16-story blast furnaces that once fired hulking steel beams for the Hoover Dam and the Golden Gate Bridge, OraSure Technologies each day produces thousands of thumbnail-size pads made to spit on. These oral swabs, part of a home H.I.V. test kit, are products of a matrix of manufacturers, financial companies and health care institutions powering the Lehigh Valley’s $41 billion economy. The region’s success distinguishes it from onetime industrial dynamos in the Northeast and Midwest that have struggled to replace…

Alberta risks ‘double jeopardy’ if it exits Canada Pension Plan, leading expert warns

One of Canada’s leading pension experts is warning Albertans to consider the “double jeopardy” of falling contributions and investment asset values they might be subjecting future generations to if they replace the Canada Pension Plan with a provincial alternative. In a report published on Wednesday, Keith Ambachtsheer, president of KPA Advisory Services and director emeritus at the International Center for Pension Management, said that a potential switch to a provincially run pension plan could cost hundreds of millions of dollars to establish and would also put its contributors in danger…

5 Tech IPOs to Watch for in 2020

Last year’s newly public companies were a mixed bag, but 2020 brings a brand new crop of tech IPOs.  Of the highest-profile unicorns that went public last year, we’ve seen several lackluster performances so far: Shares of Uber (UBER) – Get Report, Lyft (LYFT) – Get Report, Slack (WORK) – Get Report and Pinterest (PINS) – Get Report are each off at least 20% since their respective IPOs, while WeWork’s public offering imploded in infamously dramatic fashion late last year. This year will likely bring less unicorn hype, but several tech firms valued in the multi-billion…

Who Owns Your Banking Data?

Date: 2020-01-08 17:00:06 If you’ve used Venmo, Coinbase or Robinhood then you’ve used Plaid, whose software links users’ bank accounts to these apps. Investors include the venture capital arms of Goldman Sachs and Google’s parent company Alphabet. Plaid’s mission is to help consumers own their banking data by being able to more easily see their complete financial picture. This goal is part of an ‘open banking’ movement sweeping across the fintech industry. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About…