Target CEO Brian Cornell is set to meet with Rev. Al Sharpton following criticism over the company’s decision to roll back diversity, equity, and inclusion (DEI) programs. This […]
Uncategorized
Posted on:
Tariffs Pose Challenges for American Winemakers
American winemakers face significant challenges due to tariffs imposed by President Trump on European goods. While these tariffs aim to protect domestic industries, they increase costs for winemakers […]
Economy
Posted on:
Jobless Claims Fall to Two-Month Low as Labor Market Remains Strong Amid Trade Wars
The number of jobless claims has dropped to its lowest point in two months, indicating that the labor market continues to demonstrate resilience despite ongoing trade wars. This […]
Banks
Posted on:
European Central Bank Cuts Interest Rates Amid Trade Tensions
The European Central Bank (ECB) has cut its main interest rate by 0.25 percentage points, citing escalating trade tensions following US President Donald Trump’s tariffs which have ignited […]
Markets
Posted on:
Stock Market Fluctuates Amid Reports on Trump and Powell
The Dow experienced a significant drop of 500 points, while the S&P 500 saw a bounce due to reports indicating that President Trump is unlikely to fire Federal […]
Banks
Posted on:
Global Payments to Acquire Worldpay for $24.25 Billion, Divesting Issuer Solutions Unit
Global Payments is set to acquire Worldpay in a $24.25 billion deal involving Fidelity National Information Services (FIS) and private equity firm GTCR, while simultaneously divesting its Issuer […]
Technology
Posted on:
Nvidia Stock Gains Amid TSMC Boost Despite Tariff Turmoil
Nvidia’s stock has seen an uptick, attributed partly to a boost from its manufacturing partner TSMC, despite ongoing concerns related to President Trump’s tariff policies. Investors are seeking […]
Banks
Posted on:
American Express’s Wealthy Cardholders Show Resilience Amid Tariff Concerns
American Express’s affluent cardmembers continue to spend robustly, with younger customers driving growth in first-quarter transaction volumes, according to Chief Financial Officer Christophe Le Caillec. Billed business on […]
Banks
Posted on:
Global Payments to Acquire Worldpay and Divest Issuer Solutions
Global Payments Inc. has announced definitive agreements to divest its Issuer Solutions business to FIS for $13.5 billion and acquire Worldpay from GTCR and FIS for a net […]
Technology
Posted on:
Judge Rules Google Holds Illegal Monopolies in Online Ad Tech Markets
A federal judge has ruled that Alphabet’s Google illegally dominated two markets for online advertising technology. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, determined that Google unlawfully […]